U.S.: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in the U.S.

In 2022, the U.S. electronic lamp machine market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electronic Lamp Machine Production in the U.S.

In value terms, electronic lamp machine production totaled $X in 2022. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Electronic lamp machine production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Electronic Lamp Machine Exports

Exports from the U.S.

In 2022, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports surged to $X in 2022. In general, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X units), Singapore (X units) and Slovakia (X units) were the main destinations of electronic lamp machine exports from the United States, with a combined X% share of total exports. The United Arab Emirates, Costa Rica, Romania, Canada, Malaysia, South Korea, Australia, Lithuania, Mexico and Venezuela lagged somewhat behind, together accounting for a further X%.

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

In value terms, Slovakia ($X), Singapore ($X) and Georgia ($X) were the largest markets for electronic lamp machine exported from the United States worldwide, together comprising X% of total exports. Romania, the United Arab Emirates, Canada, Costa Rica, South Korea, Lithuania, Malaysia, Mexico, Australia and Venezuela lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average electronic lamp machine export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electronic lamp machine export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

Electronic Lamp Machine Imports

Imports into the U.S.

In 2022, after three years of decline, there was significant growth in purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs, when their volume increased by X% to X units. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic lamp machine imports skyrocketed to $X in 2022. Over the period under review, imports posted a perceptible expansion. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X units) was the main electronic lamp machine supplier to the United States, accounting for a X% share of total imports. Moreover, electronic lamp machine imports from Singapore exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore stood at X%.

In value terms, the largest electronic lamp machine suppliers to the United States were the UK ($X) and Singapore ($X).

Among the main suppliers, the UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average electronic lamp machine import price amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a sharp slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Singapore stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform

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