Austria: Overview of the Market for Electric Table, Desk, Bedside Or Floor Standing Lamp 2021

Market Size for Electric Table, Desk, Bedside Or Floor Standing Lamp in Austria

For the fourth consecutive year, the Austrian market for electric table, desk, bedside or floor standing lamp recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the immediate term.

Production of Electric Table, Desk, Bedside Or Floor Standing Lamp in Austria

In value terms, table, bedside and floor lamp production expanded notably to $X in 2020 estimated in export prices. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2015 to 2020, production growth remained at a somewhat lower figure.

Exports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Exports from Austria

In 2020, overseas shipments of electric table, desk, bedside or floor standing lamp decreased by -X% to X units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, table, bedside and floor lamp exports reduced notably to $X in 2020. Over the period under review, exports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for table, bedside and floor lamp exports from Austria, with a X% share of total exports. Moreover, table, bedside and floor lamp exports to Germany exceeded the volume sent to the second major destination, Switzerland (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Slovakia (+X% per year).

In value terms, Germany ($X) remains the key foreign market for table, bedside and floor lamp exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and France (-X% per year).

Export Prices by Country

In 2020, the average export price for electric table, desk, bedside or floor standing lamp amounted to $X per unit, declining by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% y-o-y. The export price peaked at $X per unit in 2019, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Imports into Austria

For the fourth year in a row, Austria recorded decline in overseas purchases of electric table, desk, bedside or floor standing lamp, which decreased by -X% to X units in 2020. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, table, bedside and floor lamp imports declined slightly to $X in 2020. Overall, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest table, bedside and floor lamp supplier to Austria, with a X% share of total imports. Moreover, table, bedside and floor lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of table, bedside and floor lamp to Austria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and India (+X% per year).

Import Prices by Country

In 2020, the average import price for electric table, desk, bedside or floor standing lamp amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, import price indicated perceptible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, table, bedside and floor lamp import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric table, desk, bedside or floor standing lamp in the world?

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The countries with the highest volumes of table, bedside and floor lamp consumption in 2020 were China (268M units), the U.S. (148M units) and Brazil (60M units), together comprising 49% of global consumption. These countries were followed by Mexico, Indonesia, Pakistan, Russia, Turkey, Germany, Viet Nam, the UK, Thailand and Egypt, which together accounted for a further 31%.

What are the largest producers of electric table, desk, bedside or floor standing lamp in the world?

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China (611M units) constituted the country with the largest volume of table, bedside and floor lamp production, comprising approx. 59% of total volume. Moreover, table, bedside and floor lamp production in China exceeded the figures recorded by the second-largest producer, the U.S. (67M units), ninefold. The third position in this ranking was occupied by Mexico (59M units), with a 5.7% share.

What are the leading suppliers of electric table, desk, bedside or floor standing lamp to Austria?

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In value terms, China ($23M) constituted the largest supplier of table, bedside and floor lamp to Austria, comprising 55% of total imports. The second position in the ranking was occupied by Germany ($7.8M), with a 19% share of total imports.

What are the leading importers of electric table, desk, bedside or floor standing lamp from Austria?

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In value terms, Germany ($18M) remains the key foreign market for table, bedside and floor lamp exports from Austria, comprising 54% of total exports. The second position in the ranking was occupied by Switzerland ($5.1M), with a 16% share of total exports. It was followed by France, with a 4.2% share.

What is the average export price for electric table, desk, bedside or floor standing lamp in Austria?

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The average export price for electric table, desk, bedside or floor standing lamp stood at $9.2 per unit in 2020, waning by -6% against the previous year.

What is the average import price for electric table, desk, bedside or floor standing lamp in Austria?

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In 2020, the average import price for electric table, desk, bedside or floor standing lamp amounted to $12 per unit, rising by 11% against the previous year.