Luxembourg: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Luxembourg

The Luxembourg tungsten halogen lamp market soared to $X in 2021, with an increase of 16% against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.9% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Tungsten Halogen Lamp Production in Luxembourg

In value terms, tungsten halogen lamp production totaled less than $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 28%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Tungsten Halogen Lamp Exports

Exports from Luxembourg

In 2021, overseas shipments of tungsten halogen lamps increased by 20% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +49.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for tungsten halogen lamp exports from Luxembourg, with a 77% share of total exports. Moreover, tungsten halogen lamp exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Poland (X units), with a 16% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany totaled +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.2% per year) and Poland (+57.2% per year).

In value terms, Germany ($X) emerged as the key foreign market for tungsten halogen lamps exports from Luxembourg, comprising 45% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports. It was followed by Poland, with a 9.2% share.

From 2012 to 2020, the average annual growth rate of value to Germany stood at +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.9% per year) and Poland (+65.0% per year).

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2020, stabilizing at the previous year. Over the period under review, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4.8%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2020, amid the top suppliers, the countries with the highest prices were France ($X per unit) and Germany ($X per unit), while the average price for exports to Belgium ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Luxembourg

In 2021, after four years of growth, there was significant decline in overseas purchases of tungsten halogen lamps, when their volume decreased by -35.8% to X units. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2015 when imports increased by 139%. Imports peaked at X units in 2020, and then shrank significantly in the following year.

In value terms, tungsten halogen lamp imports fell markedly to $X in 2021. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 132% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X units) was the main supplier of tungsten halogen lamp to Luxembourg, with a 108% share of total imports. Moreover, tungsten halogen lamp imports from India exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. South Korea (X units) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2020, the average annual growth rate of volume from India totaled +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+78.9% per year) and South Korea (+3.7% per year).

In value terms, India ($X) constituted the largest supplier of tungsten halogen lamps to Luxembourg, comprising 67% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Germany, with a 4.9% share.

From 2012 to 2020, the average annual rate of growth in terms of value from India amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+98.7% per year) and Germany (-9.5% per year).

Import Prices by Country

In 2020, the average tungsten halogen lamp import price amounted to $X per unit, dropping by -12% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 9.9%. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2020, import prices failed to regain momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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