U.S.: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in the U.S.

The U.S. non-electrical lamp market skyrocketed to $X in 2021, with an increase of 127% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. 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.

Non-Electrical Lamp Production in the U.S.

In value terms, non-electrical lamp production amounted to $X in 2021. Overall, production saw prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 484% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Non-Electrical Lamp Exports

Exports from the U.S.

In 2021, overseas shipments of non-electrical lamps and lighting fittings decreased by -0.2% to X units, falling for the third consecutive year after three years of growth. Overall, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 9.6%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-electrical lamp exports rose notably to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for non-electrical lamp exports from the United States, accounting for a 77% share of total exports. Moreover, non-electrical lamp exports to Canada exceeded the volume sent to the second major destination, China (X units), more than tenfold. The third position in this ranking was taken by Mexico (X units), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+23.4% per year) and Mexico (-4.3% per year).

In value terms, Canada ($X) remains the key foreign market for non-electrical lamps and lighting fittings exports from the United States, comprising 57% of total exports. The second position in the ranking was taken by Japan ($X), with a 4.5% share of total exports. It was followed by China, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+2.1% per year) and China (+34.6% per year).

Export Prices by Country

In 2021, the average non-electrical lamp export price amounted to $X per unit, increasing by 8.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 18% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into the U.S.

In 2021, the amount of non-electrical lamps and lighting fittings imported into the United States skyrocketed to X units, growing by 143% compared with the previous year. Over the period under review, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp imports soared to $X in 2021. Overall, imports, however, recorded a pronounced decrease. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-electrical lamp supplier to the United States, accounting for a 62% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. The third position in this ranking was held by France (X units), with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.6% per year) and France (+40.5% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to the United States, comprising 55% of total imports. The second position in the ranking was held by India ($X), with a 25% share of total imports. It was followed by France, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.0% per year) and France (+24.7% per year).

Import Prices by Country

In 2021, the average non-electrical lamp import price amounted to $X per unit, which is down by -35.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 9.7% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :