Slovakia: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Slovakia

The Slovak non-electrical lamp market shrank modestly to $X in 2023, reducing by X% against the previous year. Overall, the total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Non-Electrical Lamp Production in Slovakia

In value terms, non-electrical lamp production contracted slightly to $X in 2023 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Non-Electrical Lamp Exports

Exports from Slovakia

In 2023, approx. X units of non-electrical lamps and lighting fittings were exported from Slovakia; with an increase of X% compared with 2022 figures. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, non-electrical lamp exports stood at $X in 2023. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2021; afterwards, it flattened through to 2023.

Exports by Country

Austria (X units) was the main destination for non-electrical lamp exports from Slovakia, with a X% share of total exports. Moreover, non-electrical lamp exports to Austria exceeded the volume sent to the second major destination, the Czech Republic (X units), twofold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Germany (X% per year).

In value terms, Austria ($X) remains the key foreign market for non-electrical lamps and lighting fittings exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Germany (X% per year).

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, non-electrical lamp export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Poland ($X per unit) and Germany ($X per unit), while the average price for exports to Italy ($X per unit) and Croatia ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Slovakia

In 2023, approx. X units of non-electrical lamps and lighting fittings were imported into Slovakia; increasing by X% against the previous year. In general, imports, however, showed a mild shrinkage. 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 maximum at X units in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, non-electrical lamp imports declined to $X in 2023. Over the period under review, total imports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

The Netherlands (X units), Poland (X units) and Hungary (X units) were the main suppliers of non-electrical lamp imports to Slovakia, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Germany ($X) were the largest non-electrical lamp suppliers to Slovakia, together comprising X% of total imports. Hungary, the Czech Republic, China and Pakistan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average non-electrical lamp import price amounted to $X per unit, dropping by X% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2022, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform