Serbia - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in Serbia - 2023
Contents:
- Non-Electrical Lamp Price in Serbia (CIF) - 2022
- Non-Electrical Lamp Price in Serbia (FOB) - 2022
- Non-Electrical Lamp Imports in Serbia
- Non-Electrical Lamp Exports in Serbia
Non-Electrical Lamp Price in Serbia (CIF) - 2022
The average non-electrical lamp import price stood at $5.4 per unit in 2022, declining by -9.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $6.8 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($9.7 per unit), while the price for Poland ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.
Non-Electrical Lamp Price in Serbia (FOB) - 2022
The average non-electrical lamp export price stood at $40 per unit in 2022, increasing by 71% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 305%. The export price peaked at $67 per unit in 2019; however, from 2020 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 Austria ($91 per unit), while the average price for exports to Montenegro ($9.6 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 Switzerland (+288.9%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electrical Lamp Imports in Serbia
For the fourth year in a row, Serbia recorded growth in overseas purchases of non-electrical lamps and lighting fittings, which increased by 38% to 145K units in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-electrical lamp imports surged to $779K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Non-Electrical Lamp in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 300 | 308 | 464 | 578 | 24.4% |
India | 95.3 | 81.5 | 89.8 | 93.9 | -0.5% |
Poland | 8.8 | 20.7 | 19.6 | 15.5 | 20.8% |
Hong Kong SAR | 2.7 | N/A | 2.9 | 9.7 | 53.2% |
Others | 37.4 | 25.2 | 49.8 | 81.8 | 29.8% |
Total | 445 | 435 | 626 | 779 | 20.5% |
Top Suppliers of Non-Electrical Lamp to Serbia in 2022:
- China (120.0K units)
- India (9.7K units)
- Poland (6.0K units)
- Hong Kong SAR (2.3K units)
Non-Electrical Lamp Exports in Serbia
Non-electrical lamp exports from Serbia soared to 8K units in 2022, picking up by 164% on the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 188%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-electrical lamp exports surged to $321K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Non-Electrical Lamp in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 148 | 22.1 | 1.0 | 235 | 16.7% |
North Macedonia | N/A | N/A | N/A | 51.3 | 0% |
Switzerland | N/A | N/A | 3.8 | 13.3 | 250.0% |
Russia | N/A | N/A | N/A | 8.4 | 0% |
United States | N/A | N/A | N/A | 6.7 | 0% |
Montenegro | 1.4 | 6.3 | 7.4 | 2.8 | 26.0% |
Bosnia and Herzegovina | 1.3 | 0.9 | 53.6 | 2.0 | 15.4% |
United Arab Emirates | 4.4 | N/A | N/A | N/A | 0% |
Others | 0.7 | 0.1 | 5.1 | 1.5 | 28.9% |
Total | 156 | 29.5 | 70.9 | 321 | 27.2% |
Top Export Markets for Non-Electrical Lamp from Serbia in 2022:
- North Macedonia (4428.0 units)
- Austria (2577.0 units)
- Montenegro (290.0 units)
- Switzerland (206.0 units)
- United States (202.0 units)
- Russia (202.0 units)
- Bosnia and Herzegovina (50.0 units)
This report provides an in-depth analysis of the non-electrical lamp market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27402300 - Non-electrical lamps and lighting fittings
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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