U.S.: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in the U.S.

The U.S. portable electric lamp market fell to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a strong expansion 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Portable Electric Lamp Exports

Exports from the U.S.

In 2022, after two years of decline, there was significant growth in shipments abroad of portable electric lamps, when their volume increased by X% to X units. In general, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, portable electric lamp exports rose markedly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Canada (X units) was the main destination for portable electric lamp exports from the United States, with a X% share of total exports. Moreover, portable electric lamp exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), sixfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Germany (X% per year).

In value terms, Canada ($X) remains the key foreign market for portable electric lamps exports from the United States, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

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

Export Prices by Country

In 2022, the average portable electric lamp export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then reduced modestly in the following year.

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

Portable Electric Lamp Imports

Imports into the U.S.

Portable electric lamp imports into the United States contracted to X units in 2022, shrinking by X% against the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, portable electric lamp imports declined to $X in 2022. Over the period under review, total imports indicated a resilient 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) was the main portable electric lamp supplier to the United States, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of portable electric lamps to the United States.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

In 2022, the average portable electric lamp import price amounted to $X per unit, remaining constant against the previous year. In general, import price indicated a strong increase 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, portable electric lamp import price increased by X% against 2012 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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