Canada - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Canada - 2023
Contents:
- Price for Ballast for Discharge Lamp in Canada (CIF) - 2022
- Price for Ballast for Discharge Lamp in Canada (FOB) - 2023
- Imports of Ballast for Discharge Lamp in Canada
- Exports of Ballast for Discharge Lamp in Canada
Price for Ballast for Discharge Lamp in Canada (CIF) - 2022
The average ballast for discharge lamp import price stood at $16 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $16 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Hungary ($80 per unit), while the price for Mexico ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ballast for Discharge Lamp in Canada (FOB) - 2023
In September 2023, the average ballast for discharge lamp export price amounted to $133 per unit, shrinking by -10.2% against the previous month. Over the period under review, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in January 2023 an increase of 209% m-o-m. The export price peaked at $240 per unit in July 2023; however, from August 2023 to September 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 China ($390 per unit), while the average price for exports to New Zealand ($68.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ballast for Discharge Lamp in Canada
In 2022, ballast for discharge lamp imports into Canada fell remarkably to 2.1M units, with a decrease of -23.7% on 2021. Overall, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 2.3%. Over the period under review, imports attained the maximum at 3.7M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ballast for discharge lamp imports reduced dramatically to $33M in 2022. In general, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.3%. Imports peaked at $54M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Ballast for Discharge Lamp in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.3 | 22.6 | 24.1 | 16.2 | -17.9% |
Mexico | 13.1 | 8.9 | 7.8 | 7.4 | -17.3% |
Hungary | N/A | 0.1 | 2.4 | 3.9 | 524.5% |
United States | 2.2 | 2.4 | 2.6 | 1.6 | -10.1% |
Others | 9.2 | 6.1 | 6.5 | 4.4 | -21.8% |
Total | 53.8 | 40.1 | 43.4 | 33.5 | -14.6% |
Top Suppliers of Ballast for Discharge Lamp to Canada in 2022:
- China (1179.3K units)
- Mexico (701.1K units)
- Hungary (48.7K units)
- United States (38.2K units)
Exports of Ballast for Discharge Lamp in Canada
In 2022, approx. 125K units of ballasts for discharge lamps or tubes were exported from Canada; waning by -22.9% on the previous year's figure. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 17%. The exports peaked at 364K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ballast for discharge lamp exports reached $14M in 2022. In general, exports continue to indicate a abrupt setback. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Ballast for Discharge Lamp in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.6 | 9.8 | 8.4 | 9.3 | -14.0% |
Germany | 0.4 | 0.2 | 0.3 | 0.8 | 26.0% |
Australia | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
Hong Kong SAR | 0.4 | 1.0 | 0.2 | 0.4 | 0.0% |
Netherlands | 1.3 | N/A | 0.1 | 0.1 | -57.5% |
Others | 2.3 | 2.0 | 3.0 | 2.5 | 2.8% |
Total | 19.1 | 13.3 | 12.2 | 13.7 | -10.5% |
Top Export Markets for Ballast for Discharge Lamp from Canada in 2022:
- United States (92.0K units)
- Hong Kong SAR (9.1K units)
- Germany (5.6K units)
- Netherlands (2.3K units)
- Australia (2.0K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
Global exports of ballasts for discharge lamps showed a consistent decline from 2012 to 2015, amounting to X million USD in 2015. Exports fluctuated mildly before that. There was an annual increase of -X% t
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In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...