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Spain - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights
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Tungsten Halogen Lamp Market Size in Spain
In 2021, the Spanish tungsten halogen lamp market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Tungsten halogen lamp consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Tungsten Halogen Lamp Production in Spain
In value terms, tungsten halogen lamp production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 45%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.
Tungsten Halogen Lamp Exports
Exports from Spain
In 2021, exports of tungsten halogen lamps from Spain shrank rapidly to X units, falling by -17.6% on the year before. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 423% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, tungsten halogen lamp exports soared to $X in 2021. In general, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2017 with an increase of 39% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Poland (X units), Portugal (X units) and Germany (X units) were the main destinations of tungsten halogen lamp exports from Spain, with a combined 6.2% share of total exports. These countries were followed by France, the Czech Republic, the Netherlands, Italy and South Africa, which together accounted for a further 2.8%.
From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +75.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for tungsten halogen lamp exported from Spain were Portugal ($X), the Czech Republic ($X) and Poland ($X), with a combined 51% share of total exports.
The Czech Republic, with a CAGR of +74.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average tungsten halogen lamp export price stood at $X per unit in 2021, rising by 58% against the previous year. Overall, the export price, however, faced a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the Netherlands ($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 Italy (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten Halogen Lamp Imports
Imports into Spain
In 2021, supplies from abroad of tungsten halogen lamps was finally on the rise to reach X units after three years of decline. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 72% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.
In value terms, tungsten halogen lamp imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by 31% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Germany (X units) constituted the largest tungsten halogen lamp supplier to Spain, accounting for a 36% share of total imports. Moreover, tungsten halogen lamp imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), twofold. China (X units) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.4% per year) and China (-14.1% per year).
In value terms, the largest tungsten halogen lamp suppliers to Spain were Germany ($X), France ($X) and Poland ($X), together comprising 67% of total imports. These countries were followed by China, Italy and the Netherlands, which together accounted for a further 29%.
Italy, with a CAGR of +23.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average tungsten halogen lamp import price stood at $X per unit in 2021, picking up by 9.2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 84%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tungsten halogen lamp market in Spain. 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 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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