In 2023, Germany led European electric lighting equipment exports, accounting for a significant portion despite a 10.85% decline. Poland and Hungary followed, both experiencing declines of 8.82% and 11.23%, respectively. France, while larger in historical volume, saw a sharp 19.67% decrease, showcasing a challenging market. Conversely, Luxembourg and Croatia registered growth, with increases of 17.39% and 8.07%. This shows a mixed landscape, as regional dynamics and country-specific factors influence export performance, evident in the UK's 22.09% drop and Sweden's stark 36.11% fall in exports.
The future of European electric lighting equipment exports hinges on technological advancements, shifts in regulatory landscapes favoring green technology, and evolving global market demands. Watching for competitive pressures and potential economic shifts within the EU will also be critical for anticipating market changes and opportunities.
Top countries in Export of Electric Lighting Equipment by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 777,440,000 | 2023 | -15.91% | -10.85% | View data |
| 2 | 2 Poland | 350,480,000 | 2023 | -8.43% | -8.82% | View data |
| 3 | 3 Hungary | 277,350,000 | 2023 | -10.71% | -11.23% | View data |
| 4 | 4 Slovakia | 182,670,000 | 2023 | -0.62% | -3.18% | View data |
| 5 | 5 Italy | 152,030,000 | 2023 | +10.94% | -5.83% | View data |
| 6 | 6 France | 124,720,000 | 2023 | -39.81% | -19.67% | View data |
| 7 | 7 Belgium | 75,948,000 | 2023 | +10.88% | +4.98% | View data |
| 8 | 8 Luxembourg | 58,758,000 | 2023 | +7.28% | +17.39% | View data |
| 9 | 9 Netherlands | 25,097,000 | 2023 | -37.32% | -19.22% | View data |
| 10 | 10 Czechia | 24,884,000 | 2023 |