Northern America: Market for Parts For Electric Filament Or Discharge Lamps 2024

Market Size for Parts For Electric Filament Or Discharge Lamps in Northern America

The North American electric filament lamp parts market contracted to $X in 2022, with a decrease of -4.3% against the previous year. Overall, consumption, however, posted notable growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Parts For Electric Filament Or Discharge Lamps in Northern America

In value terms, electric filament lamp parts production expanded sharply to $X in 2022 estimated in export price. In general, production, however, posted noticeable growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Parts For Electric Filament Or Discharge Lamps

Exports in Northern America

In 2022, shipments abroad of parts for electric filament or discharge lamps increased by 29% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, electric filament lamp parts exports expanded remarkably to $X in 2022. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States represented the major exporter of parts for electric filament or discharge lamps in Northern America, with the volume of exports amounting to X tons, which was near 78% of total exports in 2022. It was distantly followed by Canada (X tons), creating a 22% share of total exports.

The United States was also the fastest-growing in terms of the parts for electric filament or discharge lamps exports, with a CAGR of +70.8% from 2012 to 2022. Canada (-2.7%) illustrated a downward trend over the same period. While the share of the United States (+78 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-77.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest electric filament lamp parts supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 5.2% share of total exports.

In the United States, electric filament lamp parts exports shrank by an average annual rate of -11.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per kg, waning by -12.4% against the previous year. In general, the export price recorded a precipitous descent. The most prominent rate of growth was recorded in 2013 an increase of 132%. As a result, the export price reached the peak level of $X per kg. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per kg), while Canada amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.1%).

Imports of Parts For Electric Filament Or Discharge Lamps

Imports in Northern America

Electric filament lamp parts imports shrank markedly to X tons in 2022, falling by -32.7% compared with the year before. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,119% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electric filament lamp parts imports declined remarkably to $X in 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The United States was the largest importer of parts for electric filament or discharge lamps in Northern America, with the volume of imports accounting for X tons, which was near 84% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a 16% share of total imports.

Imports into the United States decreased at an average annual rate of -22.4% from 2012 to 2022. Canada (-9.0%) illustrated a downward trend over the same period. While the share of the United States (+84 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-83.6 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported parts for electric filament or discharge lamps in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 9.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled -11.5%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, rising by 12% against the previous year. In general, the import price, however, recorded a deep setback. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.5%).

Source: IndexBox Platform

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