Argentina: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Argentina

The Argentinian market for special-purpose electric lamps and lighting fittings surged to $X in 2023, with an increase of X% against the previous year. Overall, consumption saw a prominent increase. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Argentina

In value terms, production of special-purpose electric lamps and lighting fittings rose remarkably to $X in 2023 estimated in export price. In general, production posted a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth remained at a somewhat lower figure.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Argentina

In 2023, exports of special-purpose electric lamps and lighting fittings from Argentina fell rapidly to X units, reducing by X% on the previous year. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2022 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings dropped significantly to $X in 2023. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for exports of special-purpose electric lamps and lighting fittings from Argentina, with a X% share of total exports. Moreover, exports of special-purpose electric lamps and lighting fittings to Uruguay exceeded the volume sent to the second major destination, Bolivia (X units), tenfold. Paraguay (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Paraguay (X% per year).

In value terms, Uruguay ($X) remains the key foreign market for special-purpose electric lamps and lighting fittings exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Uruguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2023, the average export price for special-purpose electric lamps and lighting fittings amounted to $X per unit, waning by X% against the previous year. Overall, export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for special-purpose electric lamps and lighting fittings increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Argentina

In 2023, supplies from abroad of special-purpose electric lamps and lighting fittings increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2018; afterwards, it flattened through to 2023.

In value terms, imports of special-purpose electric lamps and lighting fittings skyrocketed to $X in 2023. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, China (X units) was the main special-purpose electric lamp and lighting fitting supplier to Argentina, accounting for a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of special-purpose electric lamps and lighting fittings to Argentina, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from China totaled X%.

Import Prices by Country

In 2023, the average import price for special-purpose electric lamps and lighting fittings amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform