China - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBallast For Discharge Lamp Prices in China
China Ballast For Discharge Lamp Export Price in September 2022
In September 2022, the ballast for discharge lamp price amounted to $2.4 per unit (FOB, China), shrinking by -45.6% against the previous month. Overall, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in July 2022 an increase of 73% month-to-month. Over the period under review, the average export prices hit record highs at $4.4 per unit in August 2022, and then declined notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8.5 per unit), while the average price for exports to Turkey ($68.0 per thousand units) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
China Ballast For Discharge Lamp Exports
In September 2022, shipments abroad of ballasts for discharge lamps or tubes was finally on the rise to reach 4.5M units for the first time since June 2022, thus ending a two-month declining trend. In general, exports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in June 2022 with an increase of 81% against the previous month. As a result, the exports reached the peak of 8.8M units. From July 2022 to September 2022, the growth of the exports failed to regain momentum.
In value terms, ballast for discharge lamp exports contracted notably to $11M (IndexBox estimates) in September 2022. Overall, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in May 2022 with an increase of 10% month-to-month. The exports peaked at 20M units in January 2022; however, from February 2022 to September 2022, the exports remained at a lower figure.
China Ballast For Discharge Lamp Exports by Country
Turkey (1.1M units) was the main destination for ballast for discharge lamp exports from China, accounting for a 25% share of total exports. Moreover, ballast for discharge lamp exports to Turkey exceeded the volume sent to the second major destination, Bangladesh (492K units), twofold. The third position in this ranking was taken by the United States (445K units), with a 10% share.
From January 2022 to September 2022, the average monthly growth rate of volume to Turkey totaled +36.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Bangladesh (+3.2% per month) and the United States (-7.2% per month).
In value terms, the United States ($3.8M) remains the key foreign market for ballast for discharge lamp exports from China, comprising 36% of total exports. The second position in the ranking was taken by Germany ($647K), with a 6.1% share of total exports. It was followed by Italy, with a 4.6% share.
From January 2022 to September 2022, the average monthly growth rate of value to the United States totaled -7.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-10.8% per month) and Italy (-8.8% per month).
This report provides an in-depth analysis of the market for ballast for discharge lamp in China. 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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