Global Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size

The global non-electrical lamp market was estimated at $X in 2021, rising by 5.6% against the previous year. The market value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the peak level in 2021 and is expected to retain growth in years to come.

Non-Electrical Lamp Production

In value terms, non-electrical lamp production rose modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.8% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 21% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Non-Electrical Lamp Exports

Exports

In 2021, after three years of decline, there was significant growth in overseas shipments of non-electrical lamps and lighting fittings, when their volume increased by 45% to X units. In general, exports, however, saw a mild downturn. Over the period under review, the global exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-electrical lamp exports surged to $X in 2021. Overall, exports, however, recorded a slight decrease. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 68% of total exports in 2021. It was distantly followed by the Netherlands (X units), comprising an 8.4% share of total exports. The following exporters - Germany (X units), Poland (X units), France (X units) and Denmark (X units) - together made up 11% of total exports.

Exports from China decreased at an average annual rate of -3.3% from 2012 to 2021. At the same time, France (+19.5%), Poland (+19.2%), the Netherlands (+17.1%), Denmark (+7.1%) and Germany (+6.2%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.5% from 2012-2021. From 2012 to 2021, the share of the Netherlands, Poland and Germany increased by +6.5, +2.7 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-electrical lamp supplier worldwide, comprising 70% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 3.8% share of global exports. It was followed by Germany, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at -1.5%. In the other countries, the average annual rates were as follows: the Netherlands (+1.7% per year) and Germany (-1.2% per year).

Export Prices by Country

In 2021, the average non-electrical lamp export price amounted to $X per unit, growing by 2.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the other global leaders experienced a decline in the export price figures.

Non-Electrical Lamp Imports

Imports

In 2021, purchases abroad of non-electrical lamps and lighting fittings increased by 85% to X units, rising for the second year in a row after three years of decline. In general, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp imports soared to $X in 2021. Over the period under review, imports, however, recorded a mild reduction. Over the period under review, global imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States represented the key importer of non-electrical lamps and lighting fittings in the world, with the volume of imports recording X units, which was near 34% of total imports in 2021. Germany (X units) ranks second in terms of the total imports with an 11% share, followed by the Netherlands (7.7%). Thailand (X units), the UK (X units), Poland (X units), Sweden (X units), France (X units), Denmark (X units), Italy (X units), Russia (X units), Greece (X units) and Belgium (X units) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to non-electrical lamp imports into the United States stood at +8.4%. At the same time, Thailand (+28.9%), Poland (+23.0%), Greece (+15.2%), Russia (+10.8%), Italy (+9.4%), the Netherlands (+7.7%), Denmark (+5.7%), France (+5.0%), Germany (+4.5%) and Sweden (+4.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +28.9% from 2012-2021. Belgium experienced a relatively flat trend pattern. By contrast, the UK (-1.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, Thailand, Poland and the Netherlands increased by +9.3, +3.6, +2.9 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported non-electrical lamps and lighting fittings worldwide, comprising 28% of global imports. The second position in the ranking was taken by the UK ($X), with a 9.2% share of global imports. It was followed by Germany, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled -3.1%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+1.2% per year) and Germany (-2.5% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, dropping by -22.5% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 5.4% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per unit), while Thailand ($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 (+2.8%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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