Romania: Lamp Holder Market 2024

Lamp Holder Market Size in Romania

After two years of growth, the Romanian lamp holder market decreased by -61.9% to $X in 2022. Overall, consumption, however, saw a slight expansion. Over the period under review, the market hit record highs at $X in 2021, and then shrank rapidly in the following year.

Lamp Holder Production in Romania

In value terms, lamp holder production reached $X in 2022 estimated in export price. In general, production saw a remarkable increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 43%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lamp Holder Exports

Exports from Romania

Lamp holder exports from Romania soared to X tons in 2022, with an increase of 86% compared with the previous year's figure. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamp holder exports contracted to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 33%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Germany (X tons) was the main destination for lamp holder exports from Romania, accounting for a 0.3% share of total exports. Moreover, lamp holder exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.4% per year) and Hungary (+24.0% per year).

In value terms, Germany ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Romania, comprising 36% of total exports. The second position in the ranking was held by the UK ($X), with a 10% share of total exports. It was followed by Serbia, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+25.2% per year) and Serbia (+110.5% per year).

Export Prices by Country

In 2021, the average lamp holder export price amounted to $X per ton, which is down by -3.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 64%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Romania

In 2022, supplies from abroad of lamp holders, plugs and sockets increased by 0.6% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, lamp holder imports expanded slightly to $X in 2022. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest lamp holder supplier to Romania, with a 0.5% share of total imports. Moreover, lamp holder imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Austria (X tons) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.5% per year) and Austria (+18.4% per year).

In value terms, Germany ($X) constituted the largest supplier of lamp holders, plugs and sockets to Romania, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with an 8.8% share of total imports. It was followed by Hungary, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.8% per year) and Hungary (+15.2% per year).

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, flattening at the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamp holder import price increased by +21.2% against 2014 indices. The growth pace was the most rapid in 2014 an increase of 23%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then fell slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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