Belgium: Electric Lamp Market 2024

Electric Lamp Market Size in Belgium

The Belgian electric lamp market dropped to $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, saw a deep contraction. Electric lamp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Electric Lamp Production in Belgium

In value terms, electric lamp production declined to $X in 2022 estimated in export price. In general, production saw a abrupt decrease. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Electric lamp production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Electric Lamp Exports

Exports from Belgium

After two years of growth, shipments abroad of electric lamps decreased by X% to X units in 2022. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports reduced rapidly to $X in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Luxembourg (X units), France (X units) and Germany (X units) were the main destinations of electric lamp exports from Belgium, together accounting for X% of total exports. Italy, Angola, the Netherlands, Ecuador, Poland, South Korea, Mozambique, the UK, Spain and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric lamp exported from Belgium were France ($X), Poland ($X) and Germany ($X), with a combined X% share of total exports. The Netherlands, China, Italy, Luxembourg, the UK, Angola, Ecuador, South Korea, Spain and Mozambique lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric lamp export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric lamp export price decreased by X% against 2017 indices. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 China ($X per unit), while the average price for exports to Luxembourg ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Belgium

In 2022, after two years of growth, there was decline in supplies from abroad of electric lamps, when their volume decreased by X% to X units. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, electric lamp imports dropped rapidly to $X in 2022. Over the period under review, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Lebanon (X units), the Netherlands (X units) and France (X units) were the main suppliers of electric lamp imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), Ukraine ($X) and the Netherlands ($X) were the largest electric lamp suppliers to Belgium, with a combined X% share of total imports.

Lebanon, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 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 Ukraine ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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