Lamps; Arc-Lamps Price in Finland - 2023

Lamps; Arc-Lamps Price in Finland (CIF) - 2023

The average lamps; arc-lamps import price stood at $65.5 per unit in August 2023, increasing by 17% against the previous month. Over the period under review, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in January 2023 an increase of 73% against the previous month. The import price peaked at $66.9 per unit in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($118 per unit), while the price for Lithuania ($13.6 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Lamps; Arc-Lamps Price in Finland (FOB) - 2022

In 2022, the average lamps; arc-lamps export price amounted to $34 per unit, declining by -20.5% against the previous year. Overall, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 40% against the previous year. The export price peaked at $75 per unit in 2013; however, from 2014 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 ($81 per unit), while the average price for exports to Latvia ($15 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 Saudi Arabia (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lamps; Arc-Lamps Imports in Finland

In 2022, supplies from abroad of lamps; arc-lampses decreased by -23.3% to 80K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, imports reached the peak of 121K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, lamps; arc-lamps imports fell significantly to $2.3M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports attained the peak of $2.9M, and then contracted remarkably in the following year.

Import of Lamps; Arc-Lamps in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,115	1,216	1,540	1,050	-2.0%
Sweden	885	975	961	723	-6.5%
China	18.7	24.8	13.2	51.2	39.9%
Others	298	205	388	462	15.7%
Total	2,317	2,421	2,901	2,286	-0.4%

Top Suppliers of Lamps; Arc-Lamps to Finland in 2022:

Germany (46.3K units)
Sweden (24.0K units)
China (6.5K units)

Lamps; Arc-Lamps Exports in Finland

After three years of growth, shipments abroad of lamps; arc-lampses decreased by -11.7% to 5.4K units in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 52% against the previous year. Over the period under review, the exports reached the maximum at 6.1K units in 2021, and then declined in the following year.

In value terms, lamps; arc-lamps exports contracted markedly to $186K in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. Over the period under review, the exports reached the peak figure at $266K in 2021, and then dropped rapidly in the following year.

Export of Lamps; Arc-Lamps in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	31.4	33.6	36.3	70.9	31.2%
Russia	128	169	125	29.1	-39.0%
Estonia	19.9	22.9	38.5	25.4	8.5%
Lithuania	1.6	1.4	1.7	14.9	110.4%
Latvia	1.2	1.5	7.9	6.6	76.5%
France	0.8	1.5	2.8	6.1	96.8%
Kazakhstan	11.7	9.9	18.3	5.1	-24.2%
Others	32.7	12.7	34.9	28.2	-4.8%
Total	228	252	266	186	-6.6%