United Kingdom - 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 the UK - 2023
Contents:
- Price for Ballast for Discharge Lamp in the UK (CIF) - 2022
- Price for Ballast for Discharge Lamp in the UK (FOB) - 2022
- Imports of Ballast for Discharge Lamp in the UK
- Exports of Ballast for Discharge Lamp in the UK
Price for Ballast for Discharge Lamp in the UK (CIF) - 2022
In 2022, the average ballast for discharge lamp import price amounted to $8.2 per unit, which is down by -10.4% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ballast for discharge lamp import price decreased by -12.5% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 36%. The import price peaked at $9.6 per unit in 2017; however, from 2018 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 ($27 per unit), while the price for Germany ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ballast for Discharge Lamp in the UK (FOB) - 2022
In 2022, the average ballast for discharge lamp export price amounted to $17 per unit, picking up by 21% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ballast for discharge lamp export price increased by +52.0% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 71% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($40 per unit), while the average price for exports to Denmark ($4.3 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 France (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ballast for Discharge Lamp in the UK
In 2022, the amount of ballasts for discharge lamps or tubes imported into the UK contracted dramatically to 3.4M units, with a decrease of -21.1% on 2021 figures. In general, imports recorded a abrupt descent. The smallest decline of -0.2% was in 2021. Over the period under review, imports reached the maximum at 4.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ballast for discharge lamp imports dropped sharply to $28M in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -2.6% was in 2021. Over the period under review, imports hit record highs at $43M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Ballast for Discharge Lamp in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.9 | 20.4 | 18.7 | 8.9 | -15.8% |
| Germany | 1.9 | 1.6 | 3.2 | 4.8 | 36.2% |
| Netherlands | 4.4 | 3.8 | 3.4 | 1.9 | -24.4% |
| Hungary | N/A | N/A | N/A | 1.4 | 0% |
| Italy | 0.8 | 0.6 | 1.1 | 1.3 | 17.6% |
| Austria | 3.1 | 2.0 | 1.9 | 0.9 | -33.8% |
| Romania | N/A | N/A | N/A | 0.7 | 0% |
| Spain | 1.0 | 1.0 | 1.4 | 0.7 | -11.2% |
| Poland | 3.8 | 3.4 | 2.2 | 0.6 | -46.0% |
| India | 1.6 | 0.5 | 0.4 | 0.5 | -32.1% |
| Others | 11.1 | 6.9 | 6.8 | 6.0 | -18.5% |
| Total | 42.6 | 40.3 | 39.2 | 27.7 | -13.4% |
Top Suppliers of Ballast for Discharge Lamp to the UK in 2022:
- Germany (1502.3K units)
- China (907.5K units)
- Netherlands (248.6K units)
- Romania (112.6K units)
- Austria (89.7K units)
- Hungary (86.2K units)
- Spain (84.5K units)
- Italy (67.6K units)
- Poland (48.9K units)
- India (27.6K units)
Exports of Ballast for Discharge Lamp in the UK
In 2022, exports of ballasts for discharge lamps or tubes from the UK shrank sharply to 1.2M units, with a decrease of -19.9% on 2021. Overall, exports recorded a deep reduction. The smallest decline of -8% was in 2021. The exports peaked at 2.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ballast for discharge lamp exports fell modestly to $21M in 2022. Over the period under review, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1.6%. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ballast for Discharge Lamp in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,960 | 2,758 | 1,617 | 3,026 | 0.7% |
| Germany | 1,864 | 1,714 | 2,775 | 2,261 | 6.6% |
| France | 1,283 | 1,102 | 1,129 | 1,341 | 1.5% |
| Netherlands | 428 | 622 | 1,291 | 1,108 | 37.3% |
| Malaysia | 838 | 956 | 856 | 1,052 | 7.9% |
| United Arab Emirates | 1,084 | 827 | 137 | 707 | -13.3% |
| China | 522 | 426 | 419 | 640 | 7.0% |
| Ireland | 813 | 524 | 1,274 | 625 | -8.4% |
| India | 207 | 729 | 738 | 588 | 41.6% |
| Spain | 2,261 | 1,314 | 632 | 565 | -37.0% |
| Portugal | 30.2 | 19.9 | 1,161 | 487 | 152.6% |
| Denmark | 132 | 95.8 | 135 | 317 | 33.9% |
| Austria | 1,385 | 721 | 207 | 158 | -51.5% |
| Others | 10,026 | 9,609 | 9,391 | 8,144 | -6.7% |
| Total | 23,831 | 21,418 | 21,762 | 21,018 | -4.1% |
Top Export Markets for Ballast for Discharge Lamp from the UK in 2022:
- Germany (303.2K units)
- United States (139.4K units)
- Ireland (92.8K units)
- Denmark (72.9K units)
- Malaysia (65.2K units)
- Portugal (54.6K units)
- Spain (50.8K units)
- United Arab Emirates (40.5K units)
- France (33.7K units)
- China (32.5K units)
- Netherlands (29.9K units)
- Austria (29.2K units)
- India (29.1K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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