Europe: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Europe

In 2021, the Europe market for residential, commercial and industrial lighting fixture increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption continues to indicate a prominent increase. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Residential, Commercial and Industrial Lighting Fixture in Europe

In value terms, production of residential, commercial and industrial lighting fixture contracted rapidly to $X in 2021 estimated in export price. The total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X, and then dropped rapidly in the following year.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports by Country

The biggest shipments were from Germany (X units), Italy (X units), the Netherlands (X units), Poland (X units), Austria (X units), France (X units), Spain (X units), Belgium (X units), Denmark (X units), the UK (X units), Sweden (X units) and Hungary (X units), together accounting for X% of total export.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) were the countries with the highest levels of exports in 2021, together comprising X% of total exports. Poland, the Netherlands, Spain, France, Belgium, the UK, Denmark, Hungary and Sweden lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per unit, picking up by X% against the previous year. Over the last one years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Austria ($X per unit) and Hungary ($X per unit), while Denmark ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports in Europe

In 2021, approx. X units of residential, commercial and industrial lighting fixture were imported in Europe; jumping by X% compared with the previous year's figure. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, imports of residential, commercial and industrial lighting fixture surged to $X in 2021. The total import value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units), followed by France (X units), the UK (X units), the Netherlands (X units), Spain (X units), Austria (X units), Russia (X units), Poland (X units) and Italy (X units) represented the major importers of residential, commercial and industrial lighting fixture, together comprising X% of total imports. Switzerland (X units), Belgium (X units), Sweden (X units) and Denmark (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest residential, commercial and industrial lighting fixture importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together accounting for X% of total imports. The Netherlands, Spain, Poland, Austria, Russia, Italy, Switzerland, Belgium, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, 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 2021, the import price in Europe amounted to $X per unit, standing approx. at the previous year. In general, the import price faced a deep setback. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Sweden ($X per unit) and Denmark ($X per unit), while Austria ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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