Tungsten Halogen Lamp Price in Serbia - 2023

Tungsten Halogen Lamp Price in Serbia (CIF) - 2022

The average tungsten halogen lamp import price stood at $0.8 per unit in 2022, growing by 10% against the previous year. In general, the import price, however, recorded a deep downturn. The import price peaked at $1.4 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 South Korea ($1.5 per unit), while the price for Thailand ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced a decline.

Tungsten Halogen Lamp Price in Serbia (FOB) - 2022

In 2022, the average tungsten halogen lamp export price amounted to $1.5 per unit, growing by 144% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $1.5 per unit in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3 per unit), while the average price for exports to Hungary ($0.3 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 Russia (+7.0%), while the prices for the other major destinations experienced a decline.

Tungsten Halogen Lamp Imports in Serbia

In 2022, the amount of tungsten halogen lamps imported into Serbia reduced to 3M units, dropping by -3.8% compared with the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 +60.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of 3.1M units, and then contracted in the following year.

In value terms, tungsten halogen lamp imports rose notably to $2.4M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Tungsten Halogen Lamp in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	588	590	775	906	15.5%
China	509	496	774	691	10.7%
Poland	178	156	157	148	-6.0%
India	67.8	46.3	84.5	142	27.9%
South Korea	163	160	190	135	-6.1%
Luxembourg	0.2	N/A	9.0	46.4	514.5%
Hungary	57.6	24.8	54.2	26.7	-22.6%
Thailand	12.6	5.7	6.7	24.5	24.8%
Others	251	181	213	273	2.8%
Total	1,827	1,660	2,262	2,393	9.4%

Top Suppliers of Tungsten Halogen Lamp to Serbia in 2022:

China (1417.1K units)
Germany (703.5K units)
India (270.9K units)
Thailand (169.4K units)
Poland (113.5K units)
South Korea (88.3K units)
Luxembourg (80.8K units)
Hungary (23.0K units)

Tungsten Halogen Lamp Exports in Serbia

In 2022, after two years of decline, there was significant growth in shipments abroad of tungsten halogen lamps, when their volume increased by 90% to 579K units. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tungsten halogen lamp exports surged to $874K in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tungsten Halogen Lamp in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	N/A	638	0%
Montenegro	54.8	60.1	57.2	110	26.1%
North Macedonia	82.8	70.1	72.0	71.2	-4.9%
Romania	18.5	23.5	27.5	21.9	5.8%
Bulgaria	26.0	18.2	8.4	5.6	-40.1%
Hungary	17.7	10.3	N/A	N/A	-41.8%
Poland	45.2	1.3	N/A	N/A	-97.1%
Others	32.5	24.3	23.2	26.6	-6.5%
Total	278	208	188	874	46.5%