Sweden: Lamp Holder Market 2024

Lamp Holder Market Size in Sweden

In 2022, after two years of growth, there was decline in the Swedish lamp holder market, when its value decreased by -3.9% to $X. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +12.8% against 2018 indices. Lamp holder consumption peaked at $X in 2021, and then dropped slightly in the following year.

Lamp Holder Production in Sweden

In value terms, lamp holder production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a sharp descent. The growth pace was the most rapid in 2019 with an increase of 35% against the previous year. Lamp holder production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports from Sweden

In 2022, overseas shipments of lamp holders, plugs and sockets increased by 6.8% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 33% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lamp holder exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons), Finland (X tons) and Denmark (X tons) were the main destinations of lamp holder exports from Sweden, together comprising 0.7% of total exports. Germany, Poland, Russia, Morocco, France, the UK, the Netherlands, Estonia, China and the United States lagged somewhat behind, together comprising a further 0.2%.

From 2012 to 2021, the biggest increases were recorded for Morocco (with a CAGR of +45.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for lamp holder exported from Sweden worldwide, together comprising 51% of total exports. Germany, France, Poland, Estonia, Russia, China, the United States, the Netherlands, the UK and Morocco lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Morocco, with a CAGR of +29.4%, saw the highest growth rate of 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 2021, the average lamp holder export price amounted to $X per ton, picking up by 8.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 an increase of 26%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Morocco ($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 China (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Sweden

In 2022, overseas purchases of lamp holders, plugs and sockets increased by 5.1% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, lamp holder imports fell slightly to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $X, and then declined modestly in the following year.

Imports by Country

China (X tons), Germany (X tons) and France (X tons) were the main suppliers of lamp holder imports to Sweden, with a combined 0.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +37.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamp holder suppliers to Sweden were Germany ($X), France ($X) and China ($X), together comprising 55% of total imports.

France, with a CAGR of +37.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, growing by 2.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 when the average import price increased by 16%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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