Spain: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in Spain

The Spanish portable electric lamp market dropped to $X in 2022, which is down by -3% against the previous year. Over the period under review, consumption showed a abrupt downturn. Portable electric lamp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Portable Electric Lamp Production in Spain

In value terms, portable electric lamp production fell to $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +11.4% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 23%. Over the period under review, production hit record highs at $X in 2021, and then fell in the following year.

Portable Electric Lamp Exports

Exports from Spain

In 2022, approx. X units of portable electric lamps were exported from Spain; with an increase of 2.2% on the previous year's figure. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +119.3% against 2014 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 28%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, portable electric lamp exports rose notably to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 42%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Italy (X units) and Portugal (X units) were the main destinations of portable electric lamp exports from Spain, together accounting for 73% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the largest markets for portable electric lamp exported from Spain worldwide, with a combined 63% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +6.5%, recorded 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

In 2022, the average portable electric lamp export price amounted to $X per unit, with an increase of 12% against the previous year. Overall, the export price, however, showed a perceptible setback. The growth pace was the most rapid in 2016 when the average export price increased by 27% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Germany ($X per unit), while the average price for exports to Portugal ($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 Morocco (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Portable Electric Lamp Imports

Imports into Spain

Portable electric lamp imports into Spain shrank to X units in 2022, which is down by -5.3% against 2021 figures. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +35.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, portable electric lamp imports amounted to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +54.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), France (X units) and the Netherlands (X units) were the main suppliers of portable electric lamp imports to Spain, together accounting for 91% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +23.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of portable electric lamps to Spain, comprising 68% of total imports. The second position in the ranking was taken by France ($X), with a 9.9% share of total imports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.2% per year) and the Netherlands (+14.6% per year).

Import Prices by Country

The average portable electric lamp import price stood at $X per unit in 2022, picking up by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2016 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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