Australia - Lamp Holders, Plugs And Sockets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia's Lamp Holder Imports Slightly Decline to $183 Million in 2023
Australia Lamp Holder Imports
In 2023, the amount of lamp holders, plugs and sockets imported into Australia declined dramatically to 215M units, which is down by -17.2% against 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs at 742M units in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, lamp holder imports shrank to $183M (IndexBox estimates) in 2023. In general, total imports indicated a moderate increase from 2013 to 2023: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -11.2% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports reached the peak of $206M. From 2022 to 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Lamp Holder in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 53.1 | 53.7 | 57.2 | 54.5 | 63.7 | 75.4 | 76.1 | 76.4 | 89.4 | 91.5 | 80.9 |
| Vietnam | 6.2 | 6.0 | 6.5 | 8.5 | 10.8 | 17.2 | 21.4 | 23.7 | 34.8 | 23.5 | 25.0 |
| United States | 16.8 | 16.0 | 14.8 | 16.4 | 17.3 | 22.3 | 21.0 | 19.1 | 18.6 | 21.3 | 20.3 |
| Taiwan (Chinese) | 10.1 | 9.7 | 9.9 | 9.4 | 10.1 | 11.5 | 10.1 | 10.1 | 12.8 | 11.2 | 8.9 |
| Germany | 6.7 | 7.2 | 6.1 | 5.1 | 6.5 | 7.3 | 6.4 | 6.4 | 7.5 | 7.6 | 8.6 |
| Mexico | 1.5 | 1.2 | 1.3 | 1.8 | 2.7 | 3.3 | 3.6 | 3.9 | 5.6 | 6.9 | 7.2 |
| United Kingdom | 4.8 | 4.5 | 5.8 | 4.5 | 4.2 | 4.4 | 4.4 | 4.6 | 6.4 | 4.9 | 4.4 |
| Malaysia | 2.4 | 4.0 | 6.4 | 6.3 | 10.4 | 8.4 | 1.8 | 1.4 | 1.7 | 2.3 | 1.8 |
| Others | 30.2 | 24.3 | 28.0 | 23.2 | 24.3 | 26.9 | 21.9 | 23.8 | 29.2 | 29.4 | 25.8 |
| Total | 132 | 127 | 136 | 130 | 150 | 177 | 167 | 169 | 206 | 199 | 183 |
Imports by Country
In 2023, China (89M units) constituted the largest lamp holder supplier to Australia, accounting for a 42% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (31M units), threefold. The third position in this ranking was taken by the United States (25M units), with a 12% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from China totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-1.8% per year) and the United States (-4.1% per year).
In value terms, China ($81M) constituted the largest supplier of lamp holders, plugs and sockets to Australia, comprising 44% of total imports. The second position in the ranking was held by Vietnam ($25M), with a 14% share of total imports. It was followed by the United States, with an 11% share.
From 2013 to 2023, the average annual growth rate of value from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+14.9% per year) and the United States (+1.9% per year).
Imports by Type
In 2023, electrical plugs and sockets for under 1000 v (213M units) was the main type of lamp holders, plugs and sockets supplied to Australia, with a 99% share of total imports. It was followed by lamp holders for under 1000 v (2.2M units), with a 1% share of total imports.
From 2013 to 2023, the average annual rate of growth in terms of the volume of electrical plugs and sockets for under 1000 v imports totaled -9.3%.
In value terms, electrical plugs and sockets for under 1000 v ($181M) constituted the largest type of lamp holders, plugs and sockets supplied to Australia, comprising 99% of total imports. The second position in the ranking was taken by lamp holders for under 1000 v ($1.8M), with a 1% share of total imports.
Import Prices by Country
In 2023, the lamp holder price stood at $0.9 per unit (CIF, Australia), with an increase of 11% against the previous year. Overall, the import price showed buoyant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 133% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from China ($0.9 per unit) and Taiwan (Chinese) ($0.9 per unit), while the price for France ($0.8 per unit) and the UK ($0.8 per unit) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the lamp holder market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
