Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia - 2023

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.3 per unit, which is down by -8.7% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $2.2 per unit in 2012; however, from 2013 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 the Czech Republic ($5 per unit), while the price for Germany ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia (FOB) - 2022

In 2022, the average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $2.2 per unit, increasing by 23% against the previous year. In general, the export price saw a mild increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 53% against the previous year. As a result, the export price attained the peak level of $3 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($7.5 per unit), while the average price for exports to Denmark ($1.1 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 Russia (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia

Imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes into Latvia surged to 1.1M units in 2022, jumping by 45% on 2021. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes skyrocketed to $1.4M in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 97%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Latvia in 2022:

1. Poland (538.0K units)
2. France (380.2K units)
3. Germany (97.2K units)
4. Netherlands (13.2K units)
5. Hungary (9.2K units)
6. Lithuania (8.1K units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Latvia

After three years of growth, overseas shipments of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes decreased by -13.6% to 502K units in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports reached the peak of 581K units, and then fell in the following year.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes expanded significantly to $1.1M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Latvia in 2022:

1. Netherlands (196.6K units)
2. Germany (160.5K units)
3. Portugal (50.4K units)
4. Poland (20.1K units)
5. Denmark (13.9K units)
6. Croatia (10.9K units)
7. Belgium (10.5K units)
8. Lithuania (8.8K units)

Source: IndexBox Market Intelligence Platform