Electric Filament Lamp Price in Lithuania - 2023

Contents:

  1. Electric Filament Lamp Price in Lithuania (CIF) - 2022
  2. Electric Filament Lamp Price in Lithuania (FOB) - 2023
  3. Electric Filament Lamp Imports in Lithuania
  4. Electric Filament Lamp Exports in Lithuania

Electric Filament Lamp Price in Lithuania (CIF) - 2022

The average electric filament lamp import price stood at $1 per unit in 2022, picking up by 140% against the previous year. In general, the import price recorded a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1.9 per unit), while the price for China ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Filament Lamp Price in Lithuania (FOB) - 2023

The average electric filament lamp export price stood at $258 per thousand units in October 2023, with a decrease of -2.5% against the previous month. Overall, the export price recorded a perceptible descent. The pace of growth appeared the most rapid in March 2023 an increase of 27% m-o-m. Over the period under review, the average export prices hit record highs at $435 per thousand units in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($9.1 per unit), while the average price for exports to Germany ($82.0 per thousand units) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+37.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports in Lithuania

In 2022, purchases abroad of electric filament lamps decreased by -70.8% to 2.7M units, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, imports attained the peak of 18M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electric filament lamp imports fell rapidly to $2.6M in 2022. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at $3.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Filament Lamp in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,350839997944-11.2%
Finland3372362734116.8%
China6637541,183372-17.5%
Ukraine503611337174-29.8%
Latvia237231191157-12.8%
Germany181189195121-12.6%
France45.146.959.837.6-5.9%
Belarus81.112629.76.9-56.0%
Others444292460389-4.3%
Total3,8423,3253,7252,613-12.1%

Top Suppliers of Electric Filament Lamp to Lithuania in 2022:

  1. China (1003.3K units)
  2. Poland (584.1K units)
  3. Ukraine (414.8K units)
  4. Finland (213.4K units)
  5. Germany (106.1K units)
  6. Latvia (101.7K units)
  7. France (91.2K units)
  8. Belarus (20.0K units)

Electric Filament Lamp Exports in Lithuania

In 2022, approx. 1.7M units of electric filament lamps were exported from Lithuania; with a decrease of -47.5% against the previous year. Overall, exports saw a precipitous decrease. The smallest decline of -39.5% was in 2020. Over the period under review, the exports reached the maximum at 9M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric filament lamp exports reduced dramatically to $1.5M in 2022. Over the period under review, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 12%. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electric Filament Lamp in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia648674604419-13.5%
Poland267306392235-4.2%
Estonia327416157108-30.9%
Netherlands9.778.7155103119.8%
United Kingdom58.813211981.511.5%
Spain34.977.393.866.323.9%
Romania97.110011257.6-16.0%
Kazakhstan10.83.113.354.271.2%
Croatia84.213885.353.0-14.3%
Germany16538547045.3-35.0%
Hungary42.541.043.432.9-8.2%
Slovakia21.133.846.231.814.7%
Bulgaria22220.719.923.4-52.8%
Others477362360223-22.4%
Total2,4652,7682,6711,534-14.6%

Top Export Markets for Electric Filament Lamp from Lithuania in 2022:

  1. Poland (329.5K units)
  2. Latvia (282.5K units)
  3. Estonia (254.4K units)
  4. Netherlands (130.0K units)
  5. Romania (97.5K units)
  6. Spain (77.7K units)
  7. United Kingdom (73.9K units)
  8. Hungary (59.7K units)
  9. Germany (54.1K units)
  10. Croatia (49.0K units)
  11. Bulgaria (38.1K units)
  12. Slovakia (28.3K units)
  13. Kazakhstan (28.2K units)

Source: IndexBox Market Intelligence Platform

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