Denmark: Electric Lamp Market 2024

Electric Lamp Market Size in Denmark

The Danish electric lamp market declined to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Lamp Production in Denmark

In value terms, electric lamp production expanded markedly to $X in 2022 estimated in export price. In general, production continues to indicate a deep setback. The growth pace was the most rapid in 2019 when the production volume increased by X%. Electric lamp production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Electric Lamp Exports

Exports from Denmark

In 2022, overseas shipments of electric lamps decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, electric lamp exports shrank to $X in 2022. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Germany (X units), Georgia (X units) and the Netherlands (X units) were the main destinations of electric lamp exports from Denmark, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X), Germany ($X) and Norway ($X) appeared to be the largest markets for electric lamp exported from Denmark worldwide, together accounting for X% of total exports.

Among the main countries of destination, Georgia, with a CAGR of X%, saw the highest growth rate of 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, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Italy ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Denmark

In 2022, supplies from abroad of electric lamps increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports contracted to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value 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, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of electric lamp to Denmark, with a X% share of total imports. Moreover, electric lamp imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Sweden (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Sweden (X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of electric lamps to Denmark, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Sweden (X% per year).

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, import price indicated strong growth 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. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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