The European Lighting Equipment Harmonized Index of Consumer Prices (HICP) shows a varied landscape across countries. In 2023, the highest values were observed in Estonia, Hungary, and Croatia, with Estonia at the forefront. Year-on-year changes revealed significant increases in Hungary and Austria, while other nations such as Denmark experienced slight declines. Over the last 5 years, countries like Hungary and Lithuania have shown the most dynamic yearly average growth (CAGR), whereas some like Portugal and Ireland have remained stable.
Future trends to watch:
- Potential economic shifts impacting consumer demand and price levels.
- Continued digital innovation in lighting equipment potentially affecting HICP through value enhancements.
- Regulatory and environmental considerations driving changes in the lighting equipment market.
Top countries in Lighting Equipment HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 134.58 | 2022 | +18.59% | View data | |
| 2 | 2 Hungary | 133.16 | 2022 | +18.53% | +8.48% | View data |
| 3 | 3 Croatia | 122.73 | 2022 | +10.08% | View data | |
| 4 | 4 Lithuania | 116.92 | 2022 | +8.02% | +3.14% | View data |
| 5 | 5 Austria | 116.09 | 2022 | +15.42% | +4.5% | View data |
| 6 | 6 Romania | 113.75 | 2022 | +4.29% | View data | |
| 7 | 7 Albania | 112.68 | 2022 | +5% | View data | |
| 8 | 8 Slovenia | 112.33 | 2022 | +6.8% | +2.22% | View data |
| 9 | 9 Bulgaria | 111.69 | 2022 | +11.52% | +2.93% | View data |
| 10 | 10 Belgium | 109.83 | 2022 | +4.25% | +1.34% | View data |
