Romania: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Romania

For the sixth consecutive year, the Romanian market for residential, commercial and industrial lighting fixture recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption recorded a significant increase. Consumption of peaked in 2021 and is likely to see gradual growth in years to come.

Production of Residential, Commercial and Industrial Lighting Fixture in Romania

In value terms, production of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2021.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Romania

Exports of residential, commercial and industrial lighting fixture from Romania contracted rapidly to X units in 2021, dropping by X% on the previous year. In general, exports continue to indicate a precipitous descent. Over the period under review, the exports of hit record highs at X units in 2020, and then contracted remarkably in the following year.

In value terms, exports of residential, commercial and industrial lighting fixture declined to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2020, and then contracted in the following year.

Exports by Country

Germany (X units), the Netherlands (X units) and Austria (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Romania, together accounting for X% of total exports. France, Italy, Spain, Poland, Bulgaria, Sweden, the UK, the United Arab Emirates, Belgium and Croatia lagged somewhat behind, together comprising a further X%. Moreover, exports of residential, commercial and industrial lighting fixture in Germany exceeded the figures recorded by the second-largest exporter, the Netherlands, fourfold.

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

In value terms, the largest markets for residential, commercial and industrial lighting fixture exported from Romania were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined X% share of total exports. Austria, France, Bulgaria, the United Arab Emirates, Poland, Spain, Croatia, Sweden, Belgium and the UK lagged somewhat behind, together comprising a further X%. Moreover, exports of residential, commercial and industrial lighting fixture in Germany exceeded the figures recorded by the second-largest exporter, Italy, ninefold.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded 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

In 2022, the average export price for residential, commercial and industrial lighting fixture amounted to less than $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped remarkably in the following year.

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

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Romania

In 2021, approx. X units of residential, commercial and industrial lighting fixture were imported into Romania; picking up by X% compared with the previous year. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, imports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Poland (X units) and Austria (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Romania, with a combined X% share of total imports. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Poland, fourfold.

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

In value terms, China ($X), Poland ($X) and Italy ($X) were the largest residential, commercial and industrial lighting fixture suppliers to Romania, together comprising X% of total imports. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Poland, threefold.

Among the main suppliers, Poland, 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

In 2022, the average import price for residential, commercial and industrial lighting fixture amounted to less than $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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