Product intelligence · HS 847510 · 2024 data

Machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes

Global exports of machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes totalled $81,257,869 in 2024, a +60.9% change from the previous year. Traded by 92 countries across 613 bilateral corridors, with demand from 143 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$81.3M

+60.9% YoY

3Y / 5Y CAGR

+19.4%

5Y: +3.7%

Supply structure

Concentrated

HHI 0.311

Volatility

Low

Score 19/100

1.

Market movement

In 2024, machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes trade exhibited strong growth, with global flows reaching $81,257,869 and a three-year compound annual growth rate of +19.4% (five-year: +3.7%). The all-time peak of $255,536,485 was recorded in 2006; the current level is 68% below that high-water mark.

Over the 30-year observation window (19952024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+21.2% acceleration).

The World Trade Flows Characterization classifies machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.311). The three largest exporters — Italy ($48.1M), United States ($22.4M), and Sweden ($15.8M) — collectively dominate supply flows. The leading exporter has grown at +49.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.089). The three largest import markets are United States ($14.8M), Hong Kong ($11.8M), and China ($9.5M). The largest importing market sources from 19 different supplying countries.

Estimated substitution elasticity: -15.47. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Italy → United States at $13.9M, representing 93.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes is 19 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $255,536,485 in 2006. Currently 68% below peak.

YearGlobal trade (USD)YoY growth
2015$66,487,284-32.3%
2016$48,609,900-26.9%
2017$47,198,496-2.9%
2018$61,481,634+30.3%
2019$67,704,150+10.1%
2020$53,701,056-20.7%
2021$47,786,162-11.0%
2022$67,729,374+41.7%
2023$50,514,103-25.4%
2024$81,257,869+60.9%

Top exporting countries

Ranked by export value of machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes in 2024.

View all 92 exporters →

Top importing markets

Largest import destinations for machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes.

View all 143 markets →

Leading trade corridors

Largest bilateral export flows for machines: for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ItalyUnited States$13.9M+233.4%
2United StatesHong Kong$11.2M+1099.5%
3SingaporeUnited States$3.2M+2314.4%
4ChinaHong Kong$593.8K-3.5%
5JapanUnited States$536.3K+499.8%
6NetherlandsUnited States$230.2K+295.6%
7BelgiumUnited States$185.2K-38.3%
8ItalyHong Kong$182.3K+38.5%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.