Luxembourg: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Luxembourg

In 2021, the Luxembourg non-electrical lamp market increased by 28% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Electrical Lamp Exports

Exports from Luxembourg

After two years of decline, overseas shipments of non-electrical lamps and lighting fittings increased by 223% to X units in 2021. In general, exports, however, showed a slight reduction. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electrical lamp exports soared to $X in 2021. Overall, exports, however, faced a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X units), Turkey (X units) and France (X units) were the main destinations of non-electrical lamp exports from Luxembourg, with a combined 85% share of total exports. Germany, the Netherlands, Israel and Canada lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +105.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electrical lamp exported from Luxembourg were Turkey ($X), Belgium ($X) and France ($X), with a combined 69% share of total exports. These countries were followed by Germany, Israel, Canada and the Netherlands, which together accounted for a further 21%.

In terms of the main countries of destination, Israel, with a CAGR of +277.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2021, with a decrease of -12% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+81.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Luxembourg

In 2021, supplies from abroad of non-electrical lamps and lighting fittings increased by 37% to X units, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.0% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp imports soared to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of non-electrical lamp to Luxembourg, accounting for a 52% share of total imports. Moreover, non-electrical lamp imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Belgium (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.7% per year) and Belgium (+14.7% per year).

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) constituted the largest non-electrical lamp suppliers to Luxembourg, together comprising 87% of total imports. These countries were followed by Spain, France, China and Poland, which together accounted for a further 10%.

Spain, with a CAGR of +45.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, falling by -9.9% against the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 22%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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