United Kingdom: Blow Lamp Market 2024

Blow Lamp Market Size in the UK

The UK blow lamp market shrank rapidly to $X in 2022, waning by -26.3% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +23.6% against 2020 indices. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Blow Lamp Production in the UK

In value terms, blow lamp production reduced modestly to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 7.8%. Blow lamp production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Blow Lamp Exports

Exports from the UK

Blow lamp exports from the UK shrank notably to X tons in 2022, declining by -28.4% on 2021. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 78% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, blow lamp exports fell significantly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of blow lamp exports from the UK, with a combined 54% share of total exports. The United States, France, Hungary, Sweden, Australia, Iceland, New Zealand, Denmark, China and the Czech Republic lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +28.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Ireland ($X) and the Netherlands ($X) appeared to be the largest markets for blow lamp exported from the UK worldwide, with a combined 57% share of total exports. France, Australia, the United States, Hungary, Denmark, Sweden, Iceland, China, the Czech Republic and New Zealand lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, Hungary, with a CAGR of +36.5%, 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

The average blow lamp export price stood at $X per ton in 2022, rising by 2.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 50% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Blow Lamp Imports

Imports into the UK

After two years of growth, overseas purchases of blow lamps decreased by -15.2% to X tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports attained the peak of X tons, and then contracted sharply in the following year.

In value terms, blow lamp imports fell rapidly to $X in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +15.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest blow lamp supplier to the UK, with a 70% share of total imports. Moreover, blow lamp imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. South Korea (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.7% per year) and South Korea (-6.2% per year).

In value terms, the largest blow lamp suppliers to the UK were China ($X), Taiwan (Chinese) ($X) and Estonia ($X), together accounting for 82% of total imports.

In terms of the main suppliers, Estonia, with a CAGR of +62.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average blow lamp import price amounted to $X per ton, falling by -18.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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