Belgium - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Belgium - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights

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Price for Ballast for Discharge Lamp in Belgium - 2023

Contents:

  1. Price for Ballast for Discharge Lamp in Belgium (CIF) - 2022
  2. Price for Ballast for Discharge Lamp in Belgium (FOB) - 2022
  3. Imports of Ballast for Discharge Lamp in Belgium
  4. Exports of Ballast for Discharge Lamp in Belgium

Price for Ballast for Discharge Lamp in Belgium (CIF) - 2022

The average ballast for discharge lamp import price stood at $11 per unit in 2022, surging by 12% against the previous year. In general, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 an increase of 22%. The import price peaked at $15 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($17 per unit), while the price for Italy ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.8%), while the prices for the other major suppliers experienced a decline.

Price for Ballast for Discharge Lamp in Belgium (FOB) - 2022

The average ballast for discharge lamp export price stood at $25 per unit in 2022, with a decrease of -10% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 75%. As a result, the export price reached the peak level of $37 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($35 per unit), while the average price for exports to Oman ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballast for Discharge Lamp in Belgium

In 2022, the amount of ballasts for discharge lamps or tubes imported into Belgium dropped significantly to 381K units, which is down by -41% on the year before. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of 645K units, and then contracted notably in the following year.

In value terms, ballast for discharge lamp imports reduced notably to $4M in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $6.1M, and then contracted sharply in the following year.

Import of Ballast for Discharge Lamp in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2521,0601,7241,3472.5%
Poland1,8041,7272,1611,244-11.7%
France907748705547-15.5%
Netherlands725542414254-29.5%
Italy460366419242-19.3%
China47.213312485.722.0%
Others413288520303-9.8%
Total5,6084,8636,0664,022-10.5%

Top Suppliers of Ballast for Discharge Lamp to Belgium in 2022:

  1. Germany (114.7K units)
  2. Poland (102.9K units)
  3. France (62.2K units)
  4. Italy (34.6K units)
  5. Netherlands (34.4K units)
  6. China (11.1K units)

Exports of Ballast for Discharge Lamp in Belgium

In 2022, shipments abroad of ballasts for discharge lamps or tubes decreased by -21.1% to 146K units, falling for the second consecutive year after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 195K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports declined rapidly to $3.7M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 34%. Over the period under review, the exports reached the maximum at $5.2M in 2021, and then contracted significantly in the following year.

Export of Ballast for Discharge Lamp in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5209281,05172911.9%
France5691,0621,0557268.5%
Germany4056307274856.2%
Oman0.8N/A0.5386684.3%
Sweden165446298147-3.8%
Spain208279250139-12.6%
Italy139310194115-6.1%
Switzerland15998.286.9105-12.9%
United States19468.2259103-19.0%
Others1,2991,0771,243730-17.5%
Total3,6594,8975,1643,6650.1%

Top Export Markets for Ballast for Discharge Lamp from Belgium in 2022:

  1. France (36.1K units)
  2. Oman (24.7K units)
  3. Netherlands (22.9K units)
  4. Germany (17.5K units)
  5. Sweden (6.7K units)
  6. United States (6.6K units)
  7. Spain (4.0K units)
  8. Italy (3.8K units)
  9. Switzerland (3.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ballast for discharge lamp in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27115013 - Inductors for discharge lamps or tubes
  • Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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