MENA: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in MENA

In 2021, the MENA's fluorescent discharge lamps market decreased by -7.4% to $X, falling for the eighth year in a row after two years of growth. Overall, consumption continues to indicate a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Fluorescent Discharge Lamps Production in MENA

In value terms, fluorescent discharge lamps production surged to $X in 2021 estimated in export price. The total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.1% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by 83% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Fluorescent Discharge Lamps Exports

Exports in MENA

After two years of decline, shipments abroad of fluorescent discharge lamps increased by 39% to X units in 2021. Overall, exports, however, continue to indicate a abrupt downturn. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports surged to $X in 2021. Over the period under review, exports, however, showed a abrupt descent. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, finishing at X units, which was approx. 81% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), committing a 6.1% share of total exports. The following exporters - Jordan (X units), Morocco (X units) and Saudi Arabia (X units) - together made up 8.8% of total exports.

From 2012 to 2021, average annual rates of growth with regard to fluorescent discharge lamps exports from Turkey stood at +2.6%. At the same time, Jordan (+19.9%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +19.9% from 2012-2021. By contrast, Morocco (-1.8%), Saudi Arabia (-20.4%) and the United Arab Emirates (-25.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Jordan increased by +47 and +3.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest fluorescent discharge lamps supplier in MENA, comprising 74% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports. It was followed by Saudi Arabia, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey amounted to -1.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-27.5% per year) and Saudi Arabia (-17.9% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, approximately equating the previous year. In general, the export price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the export price increased by 14%. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Jordan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.1%), while the other leaders experienced a decline in the export price figures.

Fluorescent Discharge Lamps Imports

Imports in MENA

In 2021, purchases abroad of fluorescent discharge lamps decreased by -7.3% to X units, falling for the eighth consecutive year after two years of growth. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 9.2% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, fluorescent discharge lamps imports declined rapidly to $X in 2021. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2013 when imports increased by 12% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units), distantly followed by the United Arab Emirates (X units), Kuwait (X units), Iran (X units), Iraq (X units) and Algeria (X units) were the main importers of fluorescent discharge lamps, together generating 82% of total imports. Libya (X units) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of -3.7%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 54% of total imports. Kuwait, Libya, Iran and Algeria lagged somewhat behind, together accounting for a further 19%.

Kuwait, with a CAGR of -11.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, with a decrease of -21.4% against the previous year. Over the period under review, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the import price increased by 5.7% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Iraq ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+7.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform