Electric Filament Lamp Price in Serbia - 2023

Electric Filament Lamp Price in Serbia (CIF) - 2022

In 2022, the average electric filament lamp import price amounted to $0.3 per unit, picking up by 4.5% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 45%. The import price peaked at $0.6 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 ($2.2 per unit), while the price for Thailand ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Electric Filament Lamp Price in Serbia (FOB) - 2022

In 2022, the average electric filament lamp export price amounted to $0.2 per unit, which is down by -23.7% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 44%. The export price peaked at $0.8 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($0.8 per unit), while the average price for exports to Turkey ($0.1 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 North Macedonia (-1.7%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports in Serbia

In 2022, supplies from abroad of electric filament lamps decreased by -14% to 12M units, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports reached the peak of 15M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electric filament lamp imports shrank to $3M in 2022. Overall, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $3.3M, and then shrank in the following year.

Import of Electric Filament Lamp in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1,013	996	986	899	-3.9%
China	868	772	832	858	-0.4%
Japan	27.4	32.0	92.4	180	87.3%
Hungary	560	429	416	174	-32.3%
Thailand	77.1	90.0	142	163	28.3%
Slovakia	84.4	89.1	89.7	102	6.5%
Italy	60.1	33.0	80.2	66.4	3.4%
Others	426	469	692	552	9.0%
Total	3,115	2,911	3,330	2,994	-1.3%

Top Suppliers of Electric Filament Lamp to Serbia in 2022:

China (4.2M units)
Poland (3.9M units)
Thailand (1.3M units)
Hungary (0.9M units)
Japan (0.3M units)
Italy (0.2M units)
Slovakia (0.2M units)

Electric Filament Lamp Exports in Serbia

In 2022, the amount of electric filament lamps exported from Serbia surged to 1.5M units, picking up by 98% compared with 2021. In general, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric filament lamp exports surged to $334K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Filament Lamp in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	110	135	83.0	168	15.2%
Montenegro	105	49.1	52.3	51.2	-21.3%
North Macedonia	39.7	42.6	54.0	42.3	2.1%
Russia	N/A	N/A	N/A	31.3	0%
Germany	0.1	0.1	N/A	6.3	297.9%
Turkey	N/A	0.1	N/A	3.5	491.6%
Others	33.5	20.3	31.7	32.3	-1.2%
Total	288	247	221	334	5.1%