Romania: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Romania

The Romanian electric filament lamp market shrank dramatically to $X in 2021, dropping by -42.3% against the previous year. In general, consumption showed a abrupt setback. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Electric Filament Lamp Production in Romania

In value terms, electric filament lamp production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Electric Filament Lamp Exports

Exports from Romania

In 2021, overseas shipments of electric filament lamps increased by 148% to X units, rising for the second consecutive year after three years of decline. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric filament lamp exports soared to $X in 2021. Over the period under review, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units), Brazil (X units) and Morocco (X units) were the main destinations of electric filament lamp exports from Romania.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +4,009.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric filament lamp exported from Romania were Italy ($X), the United States ($X) and Russia ($X), together comprising 48% of total exports. These countries were followed by France, Morocco, Germany, Brazil, India, Bulgaria, the Netherlands, Turkey, Moldova and Colombia, which together accounted for a further 42%.

In terms of the main countries of destination, Brazil, with a CAGR of +428.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2021, declining by -24.8% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 87%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Turkey (less than $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 the Netherlands (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Romania

In 2021, electric filament lamp imports into Romania dropped notably to X units, shrinking by -35.8% against 2020 figures. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, electric filament lamp imports rose markedly to $X in 2021. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 16% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

France (X units), Slovakia (X units) and Germany (X units) were the main suppliers of electric filament lamp imports to Romania, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +59.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and France ($X) appeared to be the largest electric filament lamp suppliers to Romania, with a combined 56% share of total imports.

Slovakia, with a CAGR of +50.9%, saw 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 filament lamp import price stood at $X per unit in 2021, surging by 74% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 Germany ($X per unit), while the price for Italy ($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 (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :