Fluorescent Discharge Lamps Price in Latvia - 2023

Fluorescent Discharge Lamps Price in Latvia (FOB) - 2023

In November 2023, the average fluorescent discharge lamps export price amounted to $4.5 per unit, shrinking by -14.2% against the previous month. Overall, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices attained the maximum at $8.6 per unit in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($44.8 per unit), while the average price for exports to the Czech Republic ($1.9 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fluorescent Discharge Lamps Price in Latvia (CIF) - 2022

The average fluorescent discharge lamps import price stood at $6.2 per unit in 2022, stabilizing at the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 74% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($18 per unit), while the price for Hungary ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorescent Discharge Lamps Exports in Latvia

Fluorescent discharge lamps exports from Latvia dropped markedly to 217K units in 2022, waning by -25.6% on the year before. Over the period under review, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 4.9%. The exports peaked at 460K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports reduced to $2.8M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of $3.1M, and then contracted in the following year.

Export of Fluorescent Discharge Lamps in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	133	221	499	782	80.5%
Netherlands	1,276	1,438	1,620	729	-17.0%
Portugal	510	338	587	606	5.9%
Poland	35.9	56.0	89.8	125	51.6%
Croatia	0.9	23.0	17.1	73.8	334.4%
Belgium	5.5	31.6	24.8	59.0	120.5%
Slovakia	58.7	47.4	39.1	52.1	-3.9%
France	38.0	19.6	20.3	42.4	3.7%
Lithuania	94.5	55.9	40.5	20.9	-39.5%
Estonia	51.9	24.0	32.2	18.2	-29.5%
Russia	20.8	23.1	12.4	5.4	-36.2%
Oman	29.5	N/A	N/A	N/A	0%
Others	246	154	165	321	9.3%
Total	2,501	2,432	3,147	2,835	4.3%

Top Export Markets for Fluorescent Discharge Lamps from Latvia in 2022:

Germany (78.5K units)
Netherlands (44.3K units)
Croatia (24.6K units)
Portugal (24.0K units)
Poland (9.2K units)
Slovakia (7.5K units)
France (4.1K units)
Belgium (3.8K units)
Lithuania (3.4K units)
Russia (2.6K units)
Estonia (2.2K units)

Fluorescent Discharge Lamps Imports in Latvia

In 2022, the amount of fluorescent discharge lamps imported into Latvia expanded notably to 428K units, surging by 11% compared with 2021. Over the period under review, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports hit record highs at 772K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fluorescent discharge lamps imports amounted to $2.7M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Fluorescent Discharge Lamps in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	533	323	645	1,002	23.4%
Lithuania	617	543	752	693	3.9%
France	208	153	576	483	32.4%
Germany	112	72.2	123	182	17.6%
China	136	9.6	10.8	21.2	-46.2%
Hungary	72.5	94.7	47.0	15.8	-39.8%
Others	368	303	213	253	-11.7%
Total	2,046	1,499	2,366	2,650	9.0%