MERCOSUR: Electric Lamp Market 2024

Electric Lamp Market Size in MERCOSUR

After three years of growth, the MERCOSUR electric lamp market decreased by X% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Electric Lamp Production in MERCOSUR

In value terms, electric lamp production amounted to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Electric Lamp Exports

Exports in MERCOSUR

In 2022, the amount of electric lamps exported in MERCOSUR fell to X units, shrinking by X% compared with the previous year's figure. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports reduced to $X in 2022. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile was the main exporter of electric lamps in MERCOSUR, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Brazil (X units) and Colombia (X units), together constituting a X% share of total exports. The following exporters - Peru (X units), Ecuador (X units) and Argentina (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Peru, Argentina and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Electric Lamp Imports

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in purchases abroad of electric lamps, when their volume decreased by X% to X units. Overall, imports recorded a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports shrank sharply to $X in 2022. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units), distantly followed by Argentina (X units), Chile (X units), Colombia (X units) and Peru (X units) were the largest importers of electric lamps, together comprising X% of total imports. The following importers - Ecuador (X units) and Venezuela (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest electric lamp importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Colombia ($X), with a combined X% share of total imports. Chile, Peru, Venezuela and Ecuador lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform