Scandinavia: Portable Electric Lamp Market 2025

Portable Electric Lamp Market Size in Scandinavia

The Scandinavia portable electric lamp market reduced to $X in 2022, falling by -13.1% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Portable Electric Lamp Production in Scandinavia

In value terms, portable electric lamp production expanded significantly to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Portable Electric Lamp Exports

Exports in Scandinavia

In 2022, overseas shipments of portable electric lamps increased by 25% to X units, rising for the second year in a row after two years of decline. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.2% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 28% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, portable electric lamp exports declined to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of 24%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Sweden prevails in exports structure, finishing at X units, which was near 88% of total exports in 2022. Finland (X units) took a 5.8% share (based on physical terms) of total exports, which put it in second place, followed by Norway (5.8%).

Sweden was also the fastest-growing in terms of the portable electric lamps exports, with a CAGR of +2.8% from 2012 to 2022. At the same time, Norway (+2.0%) and Finland (+1.6%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest portable electric lamp supplier in Scandinavia, comprising 71% of total exports. The second position in the ranking was held by Finland ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden stood at +2.9%. In the other countries, the average annual rates were as follows: Finland (+5.1% per year) and Norway (+1.9% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, reducing by -26.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 38%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.5%), while the other leaders experienced mixed trends in the export price figures.

Portable Electric Lamp Imports

Imports in Scandinavia

In 2022, portable electric lamp imports in Scandinavia fell to X units, shrinking by -13.3% compared with 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, portable electric lamp imports fell to $X in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Sweden (X units) was the largest importer of portable electric lamps, making up 53% of total imports. Norway (X units) ranks second in terms of the total imports with a 26% share, followed by Finland (22%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of portable electric lamps. Finland and Norway experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2022.

Finland, with a CAGR of +4.4%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, picking up by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2013 an increase of 10% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform