Norway: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Norway

In 2021, the Norwegian tungsten halogen lamp market decreased by -1.8% to $X, falling for the eighth consecutive year after two years of growth. In general, consumption faced a deep slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Tungsten Halogen Lamp Exports

Exports from Norway

In 2021, overseas shipments of tungsten halogen lamps decreased by -59% to X units, falling for the second consecutive year after two years of growth. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 94% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tungsten halogen lamp exports declined to $X in 2021. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of 242%. The exports peaked at $X in 2020, and then contracted in the following year.

Exports by Country

Vietnam (X units) was the main destination for tungsten halogen lamp exports from Norway, with a 0.1% share of total exports. Moreover, tungsten halogen lamp exports to Vietnam exceeded the volume sent to the second major destination, Cyprus (X units), fourfold. The third position in this ranking was taken by Canada (X units), with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (0.0% per year) and Canada (+171.4% per year).

In value terms, Iceland ($X) remains the key foreign market for tungsten halogen lamps exports from Norway, comprising 35% of total exports. The second position in the ranking was held by Canada ($X), with a 14% share of total exports. It was followed by Australia, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value to Iceland totaled +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+238.2% per year) and Australia (+32.5% per year).

Export Prices by Country

In 2021, the average tungsten halogen lamp export price amounted to $X per unit, picking up by 108% against the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 592%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per unit), while the average price for exports to Vietnam ($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 Canada (+27.6%), while the prices for the other major destinations experienced mixed trend patterns.

Tungsten Halogen Lamp Imports

Imports into Norway

In 2021, overseas purchases of tungsten halogen lamps decreased by -7.8% to X units, falling for the seventh year in a row after three years of growth. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, tungsten halogen lamp imports dropped to $X in 2021. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2013 when imports increased by 35% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest tungsten halogen lamp supplier to Norway, with a 61% share of total imports. Moreover, tungsten halogen lamp imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.6% per year) and Poland (-26.9% per year).

In value terms, the largest tungsten halogen lamp suppliers to Norway were Germany ($X), China ($X) and Poland ($X), together accounting for 84% of total imports.

Germany, with a CAGR of -6.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, picking up by 5.6% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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