Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy - 2023

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy (CIF) - 2023
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy (CIF) - 2023

The average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $1.6 per unit in October 2023, waning by -6.2% against the previous month. Overall, import price indicated a noticeable increase from November 2022 to October 2023: its price increased at an average monthly rate of +3.5% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes decreased by -29.4% against August 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 35% m-o-m. Over the period under review, average import prices hit record highs at $2.3 per unit in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Poland ($2.4 per unit), while the price for China ($959 per thousand units) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy (FOB) - 2022

The average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $2.9 per unit in 2022, rising by 14% against the previous year. In general, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($6.7 per unit), while the average price for exports to Slovakia ($1 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 Germany (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy

In 2022, the amount of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes imported into Italy fell notably to 11M units, with a decrease of -19.5% compared with the previous year. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 3.5%. Imports peaked at 19M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes reduced rapidly to $14M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 7.8%. Over the period under review, imports of reached the peak figure at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Italy in 2022:

1. France (7.4M units)
2. Poland (2.0M units)
3. China (1.3M units)
4. Germany (0.2M units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Italy

For the third year in a row, Italy recorded decline in shipments abroad of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes, which decreased by -39.1% to 1.1M units in 2022. Over the period under review, exports saw a dramatic decline. The exports peaked at 27M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes dropped significantly to $3.3M in 2022. In general, exports faced a sharp contraction. The exports peaked at $28M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Italy in 2022:

1. Netherlands (339.0K units)
2. Germany (156.0K units)
3. Spain (145.4K units)
4. Slovakia (88.1K units)
5. France (70.9K units)
6. Malta (41.1K units)
7. United Arab Emirates (37.6K units)
8. Poland (36.7K units)
9. Switzerland (36.3K units)
10. Portugal (28.1K units)
11. Belgium (19.4K units)

Source: IndexBox Market Intelligence Platform