Russian Federation: Lamp Plastic Parts Market 2025

Lamp Plastic Parts Market Size in the Russian Federation

The Russian lamp plastic parts market surged to $X in 2021, increasing by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Lamp Plastic Parts Exports

Exports from the Russian Federation

Lamp plastic parts exports from Russia declined markedly to X tons in 2021, waning by -16.1% compared with the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 62%. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, lamp plastic parts exports totaled $X in 2021. Over the period under review, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Bulgaria (X tons) was the main destination for lamp plastic parts exports from Russia, accounting for a 51% share of total exports. Moreover, lamp plastic parts exports to Bulgaria exceeded the volume sent to the second major destination, Belarus (X tons), threefold. Ukraine (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria amounted to +357.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+9.1% per year) and Ukraine (-16.3% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for plastic parts for lamps and lighting fittings exports from Russia, comprising 54% of total exports. The second position in the ranking was held by Belarus ($X), with an 18% share of total exports. It was followed by Ukraine, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria totaled +413.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+6.5% per year) and Ukraine (-11.9% per year).

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, rising by 23% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamp plastic parts export price increased by +112.6% against 2015 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 47%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Lithuania ($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 Bulgaria (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into the Russian Federation

In 2021, the amount of plastic parts for lamps and lighting fittings imported into Russia expanded significantly to X tons, picking up by 5.2% on the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 34% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, lamp plastic parts imports skyrocketed to $X in 2021. In general, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp plastic parts to Russia, accounting for a 63% share of total imports. Moreover, lamp plastic parts imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+33.4% per year) and Italy (-2.1% per year).

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Russia, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 7.3% share of total imports. It was followed by Italy, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and Italy (+3.8% per year).

Import Prices by Country

The average lamp plastic parts import price stood at $X per ton in 2021, rising by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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