In 2023, European import of electric lighting equipment showcased notable declines across major markets, reflecting a broad trend of reduced consumption. Germany, with the highest import value of 505.38 million items, experienced a 10.81% decrease, closely followed by France and the Netherlands, each recording negative growth. The United Kingdom and Italy also faced significant declines of over 20% and 15%, respectively. In contrast, Luxembourg saw a positive growth rate of 10.29%, a rare occurrence amidst widespread reductions. For the last five years, annual growth rates depicted a gradual contraction in the market.
Going forward, Europe’s import landscape for electric lighting equipment may witness technological advancements boosting demand, along with sustainable and energy-efficient product preferences reshaping market dynamics. Countries prioritizing smart lighting solutions could see renewed growth edges over others.
Top countries in Import of Electric Lighting Equipment by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 505,380,000 | 2023 | -14.29% | -10.81% | View data |
| 2 | 2 France | 272,390,000 | 2023 | -20.41% | -11.73% | View data |
| 3 | 3 Netherlands | 269,310,000 | 2023 | +19.43% | -4.64% | View data |
| 4 | 4 Poland | 149,250,000 | 2023 | -9.19% | -10.36% | View data |
| 5 | 5 Romania | 109,290,000 | 2023 | -1.35% | -5.52% | View data |
| 6 | 6 Slovakia | 109,060,000 | 2023 | -0.91% | -3.47% | View data |
| 7 | 7 Italy | 82,615,000 | 2023 | -30.28% | -15.12% | View data |
| 8 | 8 Czechia | 69,694,000 | 2023 | |||
| 9 | 9 United Kingdom | 66,698,000 | 2023 | -29.78% | -23.41% | View data |
| 10 | 10 Belgium | 62,310,000 | 2023 | -1.43% | +0.045% | View data |
