Northern America: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Northern America

The North American electronic lamp machine market shrank notably to $X in 2021, reducing by -35.9% against the previous year. Overall, consumption continues to indicate a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Northern America

In value terms, electronic lamp machine production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a sharp decline. The pace of growth was the most pronounced in 2017 when the production volume increased by 35% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Electronic Lamp Machine Exports

Exports in Northern America

In 2021, approx. X units of machines for electric or electronic lamps, tubes, valves or flashbulbs were exported in Northern America; jumping by 31% compared with 2020 figures. Overall, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 199%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports soared to $X in 2021. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by 157%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States represented the largest exporting country with an export of around X units, which recorded 72% of total exports. It was distantly followed by Canada (X units), mixing up a 28% share of total exports.

Exports from the United States decreased at an average annual rate of -21.9% from 2012 to 2021. At the same time, Canada (+3.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +3.0% from 2012-2021. While the share of Canada (+24 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-24.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest electronic lamp machine supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 3.4% share of total exports.

In the United States, electronic lamp machine exports plunged by an average annual rate of -12.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, with an increase of 37% against the previous year. In general, the export price saw a strong expansion. The pace of growth was the most pronounced in 2015 when the export price increased by 253%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+18.1%).

Electronic Lamp Machine Imports

Imports in Northern America

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported in Northern America contracted notably to X units, waning by -34.1% against the previous year. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 7,772% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, electronic lamp machine imports reduced dramatically to $X in 2021. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2017 when imports increased by 153%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of electronic lamp machine imports in 2021 were the United States (X units), together recording 100% of total import.

The United States was also the fastest-growing in terms of the machines for electric or electronic lamps, tubes, valves or flashbulbs imports, with a CAGR of +54.2% from 2012 to 2021. The United States (+52 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs in Northern America.

In the United States, electronic lamp machine imports decreased by an average annual rate of -26.3% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, falling by -82% against the previous year. Overall, the import price faced a dramatic curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by 3,409%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -52.2% per year.

Source: IndexBox Platform

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