CIS: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in CIS

The CIS electric filament lamp market was estimated at $X in 2021, growing by 4.3% against the previous year. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.9% against 2019 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Production in CIS

In value terms, electric filament lamp production surged to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 49%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Electric Filament Lamp Exports

Exports in CIS

In 2021, shipments abroad of electric filament lamps increased by 17% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 100%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric filament lamp exports dropped to $X in 2021. Overall, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 20%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Kyrgyzstan (X units) and Russia (X units) were the largest exporters of electric filament lamps in the CIS, together mixing up 84% of total exports. It was distantly followed by Belarus (X units), creating a 15% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +1.1%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest electric filament lamp supplying countries in the CIS were Russia ($X), Kyrgyzstan ($X) and Belarus ($X), with a combined 97% share of total exports.

Russia, with a CAGR of -3.9%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, shrinking by -17.9% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2014 when the export price increased by 48% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-4.9%), while the other leaders experienced a decline in the export price figures.

Electric Filament Lamp Imports

Imports in CIS

In 2021, overseas purchases of electric filament lamps increased by 0.4% to X units, rising for the second consecutive year after four years of decline. In general, imports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, electric filament lamp imports rose to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 24%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia represented the major importer of electric filament lamps in the CIS, with the volume of imports finishing at X units, which was approx. 60% of total imports in 2021. Kazakhstan (X units) held the second position in the ranking, followed by Azerbaijan (X units) and Belarus (X units). All these countries together took approx. 33% share of total imports. The following importers - Kyrgyzstan (X units), Armenia (X units) and Moldova (X units) - each reached a 6% share of total imports.

Russia was also the fastest-growing in terms of the electric filament lamps imports, with a CAGR of -2.6% from 2012 to 2021. Azerbaijan (-4.0%), Kyrgyzstan (-7.0%), Kazakhstan (-7.1%), Belarus (-7.2%), Moldova (-10.0%) and Armenia (-11.4%) illustrated a downward trend over the same period. While the share of Russia (+8.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Armenia (-2 p.p.), Belarus (-2.1 p.p.) and Kazakhstan (-4.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electric filament lamps in the CIS, comprising 54% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 20% share of total imports. It was followed by Azerbaijan, with an 11% share.

In Russia, electric filament lamp imports plunged by an average annual rate of -11.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-4.6% per year) and Azerbaijan (-0.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, with an increase of 1.6% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 when the import price increased by 9.6% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+3.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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