Luxembourg: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Luxembourg

In 2023, the Luxembourg non-electrical lamp market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption continues to indicate a relatively flat trend pattern. Non-electrical lamp consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Non-Electrical Lamp Exports

Exports from Luxembourg

In 2023, approx. X units of non-electrical lamps and lighting fittings were exported from Luxembourg; with an increase of X% on 2022. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, non-electrical lamp exports amounted to $X in 2023. Overall, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for non-electrical lamp exports from Luxembourg, accounting for a X% share of total exports. Moreover, non-electrical lamp exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for non-electrical lamp exported from Luxembourg were Germany ($X), Belgium ($X) and China ($X), with a combined X% share of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average non-electrical lamp export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Luxembourg

In 2023, supplies from abroad of non-electrical lamps and lighting fittings decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, imports showed a slight setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, non-electrical lamp imports stood at $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of non-electrical lamp imports to Luxembourg, with a combined X% share of total imports. Spain, France and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) constituted the largest non-electrical lamp suppliers to Luxembourg, together comprising X% of total imports. Spain, France and China lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average non-electrical lamp import price amounted to $X per unit, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform