Romania - 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 Romania - 2023
Contents:
- Price for Ballast for Discharge Lamp in Romania (CIF) - 2022
- Price for Ballast for Discharge Lamp in Romania (FOB) - 2023
- Imports of Ballast for Discharge Lamp in Romania
- Exports of Ballast for Discharge Lamp in Romania
Price for Ballast for Discharge Lamp in Romania (CIF) - 2022
In 2022, the average ballast for discharge lamp import price amounted to $5 per unit, with a decrease of -10.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure at $6.7 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 ($20 per unit), while the price for Belgium ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ballast for Discharge Lamp in Romania (FOB) - 2023
In August 2023, the average ballast for discharge lamp export price amounted to $104 per unit, reducing by -7.2% against the previous month. In general, the export price saw a pronounced contraction. The pace of growth was the most pronounced in April 2023 an increase of 102% month-to-month. The export price peaked at $147 per unit in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Germany ($249 per unit), while the average price for exports to Nigeria ($5.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ballast for Discharge Lamp in Romania
In 2022, the amount of ballasts for discharge lamps or tubes imported into Romania skyrocketed to 2.7M units, picking up by 17% against the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, ballast for discharge lamp imports expanded slightly to $14M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Ballast for Discharge Lamp in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.3 | 3.2 | 3.2 | 3.5 | 126.8% |
| Germany | 8.2 | 2.9 | 2.3 | 2.8 | -30.1% |
| Italy | 1.1 | 0.9 | 2.0 | 1.9 | 20.0% |
| Hungary | N/A | 0.4 | 1.1 | 1.7 | 106.2% |
| China | 0.5 | 0.7 | 0.8 | 1.1 | 30.1% |
| Slovakia | N/A | N/A | 1.0 | 1.0 | 0.0% |
| France | 0.8 | 0.5 | 0.7 | 0.4 | -20.6% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.0 | 1.9 | 1.1 | 6.9% |
| Total | 11.9 | 9.6 | 13.0 | 13.6 | 4.6% |
Top Suppliers of Ballast for Discharge Lamp to Romania in 2022:
- Czech Republic (718.3K units)
- Germany (707.8K units)
- Italy (608.2K units)
- Hungary (233.7K units)
- Slovakia (132.4K units)
- China (90.2K units)
- Belgium (75.7K units)
- France (21.1K units)
Exports of Ballast for Discharge Lamp in Romania
In 2022, after three years of growth, there was significant decline in overseas shipments of ballasts for discharge lamps or tubes, when their volume decreased by -18.7% to 443K units. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 545K units, and then shrank notably in the following year.
In value terms, ballast for discharge lamp exports expanded notably to $3.6M in 2022. In general, exports saw a noticeable curtailment. Over the period under review, the exports reached the peak figure at $3.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ballast for Discharge Lamp in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,223 | 1,641 | 1,172 | 1,648 | 10.5% |
| Italy | 1,419 | 1,011 | 1,333 | 1,052 | -9.5% |
| Slovakia | 186 | 190 | 289 | 406 | 29.7% |
| Hungary | 3.2 | 6.0 | 4.9 | 164 | 271.4% |
| Others | 1,094 | 757 | 435 | 324 | -33.3% |
| Total | 3,925 | 3,605 | 3,233 | 3,594 | -2.9% |
Top Export Markets for Ballast for Discharge Lamp from Romania in 2022:
- Italy (291.9K units)
- Germany (71.3K units)
- Hungary (47.1K units)
- Slovakia (19.8K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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
-
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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