Italy: Electric Lamp Market 2024

Electric Lamp Market Size in Italy

In 2022, the Italian electric lamp market was finally on the rise to reach $X after four years of decline. In general, consumption, however, saw a mild downturn. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Lamp Production in Italy

In value terms, electric lamp production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Electric Lamp Exports

Exports from Italy

In 2022, approx. X units of electric lamps were exported from Italy; waning by X% on the previous year. Overall, exports showed a abrupt downturn. The growth pace was 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 remained at a lower figure.

In value terms, electric lamp exports reduced to $X in 2022. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), Germany (X units) and Spain (X units) were the main destinations of electric lamp exports from Italy, with a combined X% share of total exports. Turkey, Argentina, Greece, the UK, Tunisia, China, France, the Netherlands, the Czech Republic and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

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

In terms of the main countries of destination, Argentina, 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 mixed trend patterns.

Export Prices by Country

The average electric lamp export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

Electric Lamp Imports

Imports into Italy

In 2022, supplies from abroad of electric lamps decreased by X% to X units, falling for the fourth year in a row after two years of growth. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports shrank to $X in 2022. Overall, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of electric lamp to Italy, accounting for a X% share of total imports. Moreover, electric lamp imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Tunisia (X units), eightfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (X% per year) and China (X% per year).

In value terms, Taiwan (Chinese) ($X), Tunisia ($X) and Germany ($X) constituted the largest electric lamp suppliers to Italy, with a combined X% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then fell in the following year.

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 Tunisia ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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