Portugal: Electric Lamp Market 2024

Electric Lamp Market Size in Portugal

The Portuguese electric lamp market rose remarkably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Lamp Production in Portugal

In value terms, electric lamp production rose rapidly to $X in 2022 estimated in export price. In general, production showed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. Electric lamp production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Electric Lamp Exports

Exports from Portugal

In 2022, approx. X units of electric lamps were exported from Portugal; with a decrease of X% compared with 2021 figures. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports declined remarkably to $X in 2022. Over the period under review, exports recorded a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Angola (X units), Cabo Verde (X units) and the Netherlands (X units) were the main destinations of electric lamp exports from Portugal, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cabo Verde (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Angola ($X) emerged as the key foreign market for electric lamps exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Cabo Verde ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Cabo Verde ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Portugal

In 2022, approx. X units of electric lamps were imported into Portugal; with a decrease of X% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports shrank sharply to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was 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 in 2021, and then shrank notably in the following year.

Imports by Country

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

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

In value terms, China ($X), Spain ($X) and France ($X) were the largest electric lamp suppliers to Portugal, together comprising X% of total imports. Germany, Poland, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded 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

In 2022, the average electric lamp import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price recorded resilient growth. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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