Portugal: Electric Lamp Market 2024

Electric Lamp Market Size in Portugal

The Portuguese electric lamp market expanded remarkably to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Electric Lamp Production in Portugal

In value terms, electric lamp production expanded sharply to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Electric Lamp Exports

Exports from Portugal

Electric lamp exports from Portugal dropped notably to X units in 2022, waning by X% on 2021. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports fell sharply to $X in 2022. Overall, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Angola (X units), Cabo Verde (X units) and the Netherlands (X units) were the main destinations of electric lamp exports from Portugal, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cabo Verde (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Angola ($X) emerged as the key foreign market for electric lamps exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Cabo Verde ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Cabo Verde ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Portugal

In 2022, electric lamp imports into Portugal fell significantly to X units, with a decrease of X% compared with the previous year. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports reduced notably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell remarkably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric lamp to Portugal, accounting for a X% share of total imports. Moreover, electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

In value terms, China ($X), Spain ($X) and France ($X) appeared to be the largest electric lamp suppliers to Portugal, together comprising X% of total imports. Germany, Poland, the Netherlands and Italy lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 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 France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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