Global Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size

The global electronic lamp machine market stood at $X in 2021, surging by 2.2% against the previous year. Over the period under review, consumption, however, recorded a mild downturn. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production

In value terms, electronic lamp machine production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight reduction. The growth pace was the most rapid in 2017 when the production volume increased by 10% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Electronic Lamp Machine Exports

Exports

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs exported worldwide contracted rapidly to X units, waning by -41.6% against 2020. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by 22%. Over the period under review, the global exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports fell sharply to $X in 2021. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 34% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Italy (X units), the UK (X units) and France (X units), together resulting at 72% of total export. China (X units) held the next position in the ranking, followed by Belgium (X units) and the United Arab Emirates (X units). All these countries together took near 17% share of total exports. South Korea (X units) took a minor share of total exports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +45.6%), while shipments for the other global leaders experienced mixed trends in the exports figures.

In value terms, the largest electronic lamp machine supplying countries worldwide were the UK ($X), Italy ($X) and France ($X), with a combined 59% share of global exports. China, South Korea, Belgium and the United Arab Emirates lagged somewhat behind, together accounting for a further 12%.

Belgium, with a CAGR of +14.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average electronic lamp machine export price stood at $X per unit in 2021, picking up by 7.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 an increase of 9.9%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the United Arab Emirates ($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 UK (+14.8%), while the other global leaders experienced more modest paces of growth.

Electronic Lamp Machine Imports

Imports

In 2021, purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -7.4% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 70%. Over the period under review, global imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic lamp machine imports expanded rapidly to $X in 2021. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X units), distantly followed by Italy (X units), Cambodia (X units), Thailand (X units) and Nigeria (X units) were the main importers of machines for electric or electronic lamps, tubes, valves or flashbulbs, together comprising 50% of total imports. Turkey (X units), Germany (X units), the United States (X units), Spain (X units), Qatar (X units), Slovakia (X units), Japan (X units) and Iran (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -12.7% from 2012 to 2021. At the same time, the United States (+54.2%), Cambodia (+52.7%), Spain (+47.1%), Qatar (+46.7%), Nigeria (+20.9%), Thailand (+18.6%), Slovakia (+17.3%), Japan (+12.9%), Turkey (+11.6%), Germany (+8.6%) and Italy (+4.8%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of +54.2% from 2012-2021. By contrast, Iran (-23.1%) illustrated a downward trend over the same period. While the share of Cambodia (+7.2 p.p.), Italy (+6.5 p.p.), Thailand (+4.7 p.p.), Nigeria (+4.2 p.p.), Turkey (+3.5 p.p.), Germany (+3 p.p.), the United States (+2.7 p.p.), Spain (+2.6 p.p.), Qatar (+2.6 p.p.), Slovakia (+2.2 p.p.) and Japan (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Iran (-7.4 p.p.) and South Africa (-8.8 p.p.) displayed negative dynamics.

In value terms, the largest electronic lamp machine importing markets worldwide were Italy ($X), Thailand ($X) and Germany ($X), together comprising 29% of global imports. These countries were followed by Slovakia, Iran, Turkey, Cambodia, Japan, Nigeria, Spain, the United States, South Africa and Qatar, which together accounted for a further 23%.

In terms of the main importing countries, Cambodia, with a CAGR of +52.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electronic lamp machine import price amounted to $X per unit, surging by 17% against the previous year. Overall, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic lamp machine import price decreased by -21.2% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 91%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Slovakia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+46.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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