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

The UK ballast for discharge lamp market dropped slightly to $X in 2019, approximately equating the previous year. In general, consumption, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Ballast for discharge lamp consumption peaked at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Production of Ballasts For Discharge Lamps Or Tubes in the UK

In value terms, ballast for discharge lamp production soared to $X in 2019 estimated in export prices. Overall, production recorded a deep reduction. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from the UK

In 2019, the amount of ballasts for discharge lamps or tubes exported from the UK contracted slightly to X units, waning by -X% on the previous year's figure. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Exports peaked at X units in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, ballast for discharge lamp exports dropped significantly to $X in 2019. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Germany (X units), the U.S. (X units) and Switzerland (X units) were the main destinations of ballast for discharge lamp exports from the UK, with a combined X% share of total exports. These countries were followed by Austria, France, Spain, Malaysia, Ireland, Hong Kong SAR, Italy, Romania, Poland and the Netherlands, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Spain ($X) and Germany ($X) constituted the largest markets for ballast for discharge lamp exported from the UK worldwide, together comprising X% of total exports. These countries were followed by Austria, France, Malaysia, Ireland, Switzerland, Hong Kong SAR, the Netherlands, Romania, Italy and Poland, which together accounted for a further X Kong SAR saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 2019, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per unit. From 2015 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2019, 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 2019, supplies from abroad of ballasts for discharge lamps or tubes increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at X units in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, ballast for discharge lamp imports reduced to $X in 2019. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, China (X units) constituted the largest supplier of ballast for discharge lamp 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, Austria (X units), twofold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2019, 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: Austria (-X% per year) and Poland (+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 2019, the average annual growth rate of value from China amounted to +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

The average ballast for discharge lamp import price stood at $X per unit in 2019, falling by -X% against the previous year. Overall, the import price showed a mild slump. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI 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 (822M units) remains the largest ballast for discharge lamp consuming country worldwide, accounting for 48% of total volume. Moreover, ballast for discharge lamp consumption in Hungary exceeded the figures recorded by the second-largest consumer, China (318M units), threefold. The U.S. (125M units) ranked third in terms of total consumption with a 7.2% share.

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

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The countries with the highest volumes of ballast for discharge lamp production in 2019 were Hungary (817M units), China (424M units) and the U.S. (76M units), together comprising 74% of global production. Japan, India, Mexico, Indonesia, Poland, Germany and Brazil lagged somewhat behind, together comprising a further 16%.

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

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In value terms, China ($17M) constituted the largest supplier of ballast for discharge lamp to the UK, comprising 39% of total imports. The second position in the ranking was occupied by the Netherlands ($4.9M), with a 12% share of total imports. It was followed by Poland, with a 9.9% share.

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

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In value terms, the U.S. ($3.1M), Spain ($2.4M) and Germany ($2M) constituted the largest markets for ballast for discharge lamp exported from the UK worldwide, with a combined 31% share of total exports. These countries were followed by Austria, France, Malaysia, Ireland, Switzerland, Hong Kong SAR, the Netherlands, Romania, Italy and Poland, which together accounted for a further 29%.

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

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In 2019, the average ballast for discharge lamp export price amounted to $7.9 per unit, dropping by -19.8% against the previous year.

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

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In 2019, the average ballast for discharge lamp import price amounted to $4.9 per unit, dropping by -4.7% against the previous year.