Norway: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Norway

In 2021, after six years of decline, there was significant growth in the Norwegian non-electrical lamp market, when its value increased by 64% to $X. In general, consumption, however, showed a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Electrical Lamp Exports

Exports from Norway

In 2021, shipments abroad of non-electrical lamps and lighting fittings decreased by -11.8% to X units, falling for the eighth consecutive year after two years of growth. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of 62%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electrical lamp exports surged to $X in 2021. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 49%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for non-electrical lamp exports from Norway, with a 66% share of total exports. Moreover, non-electrical lamp exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-7.1% per year) and the Netherlands (+7.4% per year).

In value terms, Sweden ($X) remains the key foreign market for non-electrical lamps and lighting fittings exports from Norway, comprising 45% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total exports. It was followed by Denmark, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to -13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+9.0% per year) and Denmark (-5.4% per year).

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2021, surging by 44% against the previous year. Overall, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Iceland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Norway

In 2021, overseas purchases of non-electrical lamps and lighting fittings were finally on the rise to reach X units after eight years of decline. Overall, imports, however, recorded a abrupt downturn. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-electrical lamp imports soared to $X in 2021. Over the period under review, imports, however, recorded a pronounced curtailment. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-electrical lamp to Norway, with a 74% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), ninefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-11.7% per year) and Taiwan (Chinese) (+30.7% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Norway, comprising 60% of total imports. The second position in the ranking was taken by India ($X), with a 9.8% share of total imports. It was followed by Taiwan (Chinese), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.3% per year) and Taiwan (Chinese) (+34.9% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, growing by 7.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2017 when the average import price increased by 18% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :