Romania: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Romania

The Romanian market for special-purpose electric lamps and lighting fittings dropped to $X in 2022, reducing by -12.7% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +16.9% against 2020 indices. Consumption of peaked at $X in 2021, and then reduced in the following year.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Romania

In value terms, production of special-purpose electric lamps and lighting fittings dropped to $X in 2022 estimated in export price. In general, production recorded a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of 350%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a lower figure.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Romania

In 2022, the amount of special-purpose electric lamps and lighting fittings exported from Romania reduced to X units, waning by -10.4% compared with the year before. Overall, exports, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 117%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings dropped to $X in 2022. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 134%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Germany (X units), Italy (X units) and France (X units) were the main destinations of exports of special-purpose electric lamps and lighting fittings from Romania, together comprising 77% of total exports. The UK, the United Arab Emirates, Portugal and the Czech Republic lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +91.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for special-purpose electric lamps and lighting fittings exports from Romania, comprising 42% of total exports. The second position in the ranking was held by France ($X), with a 21% share of total exports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.9% per year) and Italy (+28.5% per year).

Export Prices by Country

In 2022, the average export price for special-purpose electric lamps and lighting fittings amounted to $X per unit, reducing by -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth appeared the most rapid in 2020 an increase of 39%. The export price peaked at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Italy ($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 Germany (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Romania

In 2022, overseas purchases of special-purpose electric lamps and lighting fittings decreased by -8.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.2% 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 +119.3% against 2012 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 21% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings shrank to $X in 2022. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 33%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of special-purpose electric lamp and lighting fitting to Romania, with a 59% share of total imports. Moreover, imports of special-purpose electric lamps and lighting fittings from China exceeded the figures recorded by the second-largest supplier, Poland (X units), sevenfold. Germany (X units) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+15.6% per year) and Germany (+4.4% per year).

In value terms, China ($X) constituted the largest supplier of special-purpose electric lamps and lighting fittings to Romania, comprising 45% of total imports. The second position in the ranking was held by Poland ($X), with a 10% share of total imports. It was followed by Germany, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.6% per year) and Germany (+1.4% per year).

Import Prices by Country

The average import price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, falling by -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 an increase of 12%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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