Slovakia: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Slovakia

The Slovak electric filament lamp market soared to $X in 2021, jumping by 21% against the previous year. Overall, consumption, however, showed a pronounced shrinkage. Electric filament lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Production in Slovakia

In value terms, electric filament lamp production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep contraction. The pace of growth was the most pronounced in 2019 when the production volume increased by 53% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Electric Filament Lamp Exports

Exports from Slovakia

In 2021, the amount of electric filament lamps exported from Slovakia surged to X units, with an increase of 17% compared with 2020. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 103% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, electric filament lamp exports surged to $X in 2021. In general, exports, however, saw a mild downturn. The pace of growth was the most pronounced in 2014 when exports increased by 71% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for electric filament lamp exports from Slovakia, with a 85% share of total exports. Moreover, electric filament lamp exports to Germany exceeded the volume sent to the second major destination, the United States (X units), fivefold. Italy (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2020, the average annual growth rate of volume to Germany totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.3% per year) and Italy (+43.6% per year).

In value terms, Germany ($X) remains the key foreign market for electric filament lamps exports from Slovakia, comprising 50% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by the United States, with a 9.6% share.

From 2012 to 2020, the average annual growth rate of value to Germany amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+49.4% per year) and the United States (+3.4% per year).

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2020, reducing by -25.3% against the previous year. Over the period under review, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 29%. The export price peaked at $X per unit in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Slovakia

Electric filament lamp imports into Slovakia reduced sharply to X units in 2021, with a decrease of -61.9% compared with the previous year. Over the period under review, imports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 325% against the previous year. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, electric filament lamp imports surged to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 75%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X units) constituted the largest supplier of electric filament lamp to Slovakia, with a 35% share of total imports. Moreover, electric filament lamp imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), fivefold. The third position in this ranking was taken by the Czech Republic (X units), with a 2.4% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany amounted to +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+23.5% per year) and the Czech Republic (+5.5% per year).

In value terms, Germany ($X) constituted the largest supplier of electric filament lamps to Slovakia, comprising 62% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 14% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+3.9% per year) and Poland (+9.3% per year).

Import Prices by Country

In 2020, the average electric filament lamp import price amounted to $X per unit, reducing by -65.5% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 170% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2020, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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