Slovakia: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Slovakia

The Slovak market for special-purpose electric lamps and lighting fittings dropped slightly to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption faced a precipitous shrinkage. Consumption of peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Slovakia

In value terms, production of special-purpose electric lamps and lighting fittings contracted modestly to $X in 2023 estimated in export price. In general, production, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Production of peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Slovakia

In 2021, exports of special-purpose electric lamps and lighting fittings from Slovakia soared to X units, increasing by X% against 2020 figures. Over the period under review, exports showed a measured expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings skyrocketed to $X in 2021. In general, exports showed mild growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), the Czech Republic (X units) and Hungary (X units) were the main destinations of exports of special-purpose electric lamps and lighting fittings from Slovakia, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Poland ($X) constituted the largest markets for special-purpose electric lamp and lighting fitting exported from Slovakia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for special-purpose electric lamps and lighting fittings amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Slovakia

In 2021, purchases abroad of special-purpose electric lamps and lighting fittings was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of special-purpose electric lamps and lighting fittings soared to $X in 2021. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of special-purpose electric lamp and lighting fitting to Slovakia, with a X% share of total imports. Moreover, imports of special-purpose electric lamps and lighting fittings from Poland exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), sixfold. The third position in this ranking was held by the Czech Republic (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and the Czech Republic (X% per year).

In value terms, the largest special-purpose electric lamp and lighting fitting suppliers to Slovakia were Bulgaria ($X), Poland ($X) and the Czech Republic ($X), together comprising X% of total imports.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2021, flattening at the previous year. Overall, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform