United Kingdom: Overview of the Market for Ballasts For Discharge Lamps Or Tubes 2021

Market Size for Ballasts For Discharge Lamps Or Tubes in the UK

After two years of growth, the UK ballast for discharge lamp market decreased by -X% to $X in 2020. Overall, consumption continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in the UK

In value terms, ballast for discharge lamp production contracted to $X in 2020 estimated in export prices. In general, production continues to indicate a deep slump. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from the UK

Ballast for discharge lamp exports from the UK fell dramatically to X units in 2020, reducing by -X% on 2019. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, ballast for discharge lamp exports shrank to $X in 2020. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X units) was the main destination for ballast for discharge lamp exports from the UK, accounting for a X% share of total exports. Moreover, ballast for discharge lamp exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was occupied by Austria (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Austria (-X% per year).

In value terms, the largest markets for ballast for discharge lamp exported from the UK were the U.S. ($X), Singapore ($X) and Germany ($X), with a combined X% share of total exports. Spain, France, Malaysia, Austria, Ireland, Hong Kong SAR, Italy, the United Arab Emirates, Switzerland and Tunisia lagged somewhat behind, together comprising a further X the main countries of destination, Hong Kong SAR 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 ballast for discharge lamp export price stood at $X per unit in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into the UK

In 2020, ballast for discharge lamp imports into the UK contracted to X units, reducing by -X% against 2019. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, ballast for discharge lamp imports declined to $X in 2020. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest ballast for discharge lamp supplier to the UK, with a X% share of total imports. Moreover, ballast for discharge lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was occupied by the Netherlands (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Netherlands (-X% per year).

In value terms, China ($X) constituted the largest supplier of ballast for discharge lamp to the UK, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the average ballast for discharge lamp import price amounted to $X per unit, picking up by X% against the previous year. In general, import price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ballast for discharge lamp import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per unit in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ballasts for discharge lamps or tubes in the world?

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Hungary (683M units) constituted the country with the largest volume of ballast for discharge lamp consumption, comprising approx. 46% of total volume. Moreover, ballast for discharge lamp consumption in Hungary exceeded the figures recorded by the second-largest consumer, China (188M units), fourfold. The U.S. (92M units) ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of ballasts for discharge lamps or tubes in the world?

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Hungary (682M units) constituted the country with the largest volume of ballast for discharge lamp production, comprising approx. 43% of total volume. Moreover, ballast for discharge lamp production in Hungary exceeded the figures recorded by the second-largest producer, China (332M units), twofold. The U.S. (76M units) ranked third in terms of total production with a 4.8% share.

What are the leading suppliers of ballasts for discharge lamps or tubes to the UK?

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In value terms, China ($20M) constituted the largest supplier of ballast for discharge lamp to the UK, comprising 51% of total imports. The second position in the ranking was occupied by the Netherlands ($3.7M), with a 9.3% share of total imports. It was followed by Poland, with a 8.3% share.

What are the leading importers of ballasts for discharge lamps or tubes from the UK?

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In value terms, the largest markets for ballast for discharge lamp exported from the UK were the U.S. ($2.8M), Singapore ($2.1M) and Germany ($1.7M), with a combined 31% share of total exports. Spain, France, Malaysia, Austria, Ireland, Hong Kong SAR, Italy, the United Arab Emirates, Switzerland and Tunisia lagged somewhat behind, together comprising a further 30%.

What is the average export price for ballasts for discharge lamps or tubes in the UK?

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In 2020, the average ballast for discharge lamp export price amounted to $13 per unit, increasing by 8.7% against the previous year.

What is the average import price for ballasts for discharge lamps or tubes in the UK?

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The average ballast for discharge lamp import price stood at $9.8 per unit in 2020, increasing by 9.3% against the previous year.