Special-purpose Electric Lamp and Lighting Fitting Market
Special-purpose electric lamp and lighting fitting market: read the latest info enhanced by an Ai-driven business intelligence platform. Facts and figures contain exports, market prices, production, companies, market size, imports, consumption, and trade. Here is a split by region, including EU, Latin America, Africa, the U.K., Russia, China, the Middle East, and the U.S. Market trends and outlook to 2030 are also provided in the snapshots.
Special-purpose Electric Lamp and Lighting Fitting - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | China |
| 3 | United States |
| 4 | Mexico |
| 5 | United Kingdom |
In value terms, Japan, China and the United States constituted the countries with the highest levels of market value in 2020, with a combined 49% share of the global market. Mexico, the UK, Italy, Poland, Canada, Germany, France, Turkey and Saudi Arabia lagged somewhat behind, together comprising a further 25%.
Canada recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while market of special-purpose electric lamps and lighting fittings for the other global leaders experienced more modest paces of growth.
Special-Purpose Electric Lamp and Lighting Fitting Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 15 | 9.6 | 11 | -15.2% |
| Germany | 33 | 34 | 34 | 1.2% |
| Average | 19 | 12 | 13 | -15.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($34 per unit), while China amounted to $11 per unit.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Germany | 19 | 17 | 18 | -1.7% |
| France | 17 | 18 | 17 | 0.1% |
| Poland | 16 | 16 | 17 | 3.2% |
| United Arab Emirates | 14 | 12 | 15 | 2.8% |
| United States | 13 | 13 | 14 | 5.2% |
| Netherlands | 15 | 14 | 14 | -3.7% |
| United Kingdom | 14 | 14 | 13 | -2.9% |
| Canada | 20 | 20 | 10 | -28.4% |
| Iraq | 6.8 | 7.4 | 10 | 22.4% |
| Indonesia | 8.6 | 8.9 | 9.4 | 4.4% |
| Russia | 8.9 | 9.8 | 9.3 | 2.3% |
| India | 8.7 | 7.9 | 8.2 | -3.0% |
| Thailand | 9.8 | 9.9 | 6 | -21.6% |
| Average | 14 | 13 | 14 | 1.0% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($18 per unit), while Thailand ($6 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Iraq, while the other global leaders experienced more modest paces of growth.
Special-Purpose Electric Lamp and Lighting Fitting - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 5 | 4.7 | 3.4 | -17.1% |
| Germany | 1.5 | 1.4 | 1.3 | -6.7% |
| United Kingdom | 0.7 | 0.7 | 0.7 | -3.1% |
| Netherlands | 0.7 | 0.8 | 0.7 | -1.3% |
| France | 0.9 | 0.8 | 0.6 | -15.7% |
In value terms, the United States ($3.4B) constitutes the largest market for imported special-purpose electric lamps and lighting fittings worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Germany ($1.3B), with a 7.9% share of global imports. It was followed by the UK, with a 4.2% share.
In the United States, imports of special-purpose electric lamps and lighting fittings decreased by an average annual rate of -17.1% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-6.7% per year) and the UK (-3.1% per year).
Special-Purpose Electric Lamp and Lighting Fitting - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 10 | 15 | 17 | 29.1% |
| Germany | 1.1 | 1.1 | 1.3 | 5.9% |
In value terms, China ($17.4B) remains the largest special-purpose electric lamp and lighting fitting supplier worldwide, comprising 69% of global exports. The second position in the ranking was occupied by Germany ($1.3B), with a 5% share of global exports.
In China, exports of special-purpose electric lamps and lighting fittings expanded at an average annual rate of +29.1% over the period from 2018-2020.
Special-Purpose Electric Lamp and Lighting Fitting - Market Forecast
Driven by rising demand for special-purpose electric lamp and lighting fitting worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Special-purpose Electric Lamp and Lighting Fitting - Product Coverage
- HS 940540 - Lamps and light fittings; electric, n.e.s. in heading no. 9405
This report provides an in-depth analysis of the global market for special-purpose electric lamp and lighting fitting.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in South-Eastern Asia.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Australia and Oceania.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Central Asia.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Africa.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Southern Asia.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Eastern Asia.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in the Middle East.
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Northern America.
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