Ballast for Discharge Lamp Market - Global Exports of Ballasts For Discharge Lamps Show a Consistent Decline

Electric Lighting Equipment December 07, 2016
Author: Maria Fadeeva
Market Analyst

ballast for discharge lamp market

Photo: © DeSerg / Bigstockphoto

Global exports of ballasts for discharge lamps showed a consistent decline from 2012 to 2015, amounting to 2,536 million USD in 2015. Exports fluctuated mildly before that. There was an annual increase of -4.9% throughout the analyzed period.

According to IndexBox estimates, China remained the dominant exporter of ballasts for discharge lamps over the period under review. In 2015, China’s exports of ballasts for discharge lamps totaled 774 million USD, which accounted for a 31% share in terms of global exports. Mexico, Germany, USA, and Poland were the other key global suppliers in 2015, with a 40% combined share of global exports.

The USA was the only main exporter that increased its supplies on the ballast for discharge lamp market from 2007 to 2015. China significantly strengthened its position in the global export structure, growing its share from 21% in 2007 to 31% in 2015.

The USA (22%, based on value terms), Germany (9%), Mexico (5%), the Czech Republic (4%), and the Netherlands (4%) were the leading destinations of ballasts for discharge lamps or tubes imports in 2015. Imports to the Czech Republic grew at a rapid pace of +12.6% per year from 2007 to 2015, while the balance of major importers reduced their imports over the period under review. The Czech Republic’s share of global imports increased by +3 percentage points, while the shares of the USA and Germany illustrated negative dynamics (-2 percentage points each).

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Source:  World: Ballasts For Discharge Lamps Or Tubes - Market Report. Analysis and Forecast to 2020