ASEAN: Electric Filament Lamp Market 2025

Electric Filament Lamp Market Size in ASEAN

In 2021, the ASEAN electric filament lamp market decreased by -1.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016 with an increase of 9.3% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Electric Filament Lamp Production in ASEAN

In value terms, electric filament lamp production reduced modestly to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2019 with an increase of 11% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Electric Filament Lamp Exports

Exports in ASEAN

Electric filament lamp exports surged to X units in 2021, picking up by 24% compared with 2020 figures. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports surged to $X in 2021. Over the period under review, exports, however, faced a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand was the main exporter of electric filament lamps in ASEAN, with the volume of exports finishing at X units, which was near 71% of total exports in 2021. Vietnam (X units) ranks second in terms of the total exports with a 13% share, followed by Indonesia (7.6%). The following exporters - Singapore (X units) and Cambodia (X units) - together made up 6.7% of total exports.

Thailand was also the fastest-growing in terms of the electric filament lamps exports, with a CAGR of +8.4% from 2012 to 2021. At the same time, Vietnam (+1.7%) displayed positive paces of growth. By contrast, Cambodia (-10.3%), Singapore (-13.0%) and Indonesia (-31.7%) illustrated a downward trend over the same period. Thailand (+61 p.p.) and Vietnam (+10 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by -61.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest electric filament lamp supplier in ASEAN, comprising 54% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 21% share of total exports. It was followed by Cambodia, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value in Thailand stood at -4.4%. In the other countries, the average annual rates were as follows: Vietnam (+0.9% per year) and Cambodia (+2.2% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2021, falling by -4.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 60%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+13.8%), while the other leaders experienced mixed trends in the export price figures.

Electric Filament Lamp Imports

Imports in ASEAN

In 2021, purchases abroad of electric filament lamps increased by 25% to X units, rising for the second consecutive year after three years of decline. In general, imports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2016 with an increase of 127%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, electric filament lamp imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia was the main importing country with an import of about X units, which reached 49% of total imports. The Philippines (X units) took the second position in the ranking, followed by Thailand (X units), Malaysia (X units) and Cambodia (X units). All these countries together took approx. 45% share of total imports. Vietnam (X units) and Singapore (X units) took a little share of total imports.

Imports into Indonesia decreased at an average annual rate of -3.4% from 2012 to 2021. At the same time, Cambodia (+55.3%) and Vietnam (+3.8%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +55.3% from 2012-2021. By contrast, Malaysia (-3.4%), Thailand (-3.5%), the Philippines (-7.2%) and Singapore (-12.6%) illustrated a downward trend over the same period. While the share of Cambodia (+8.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Singapore (-3 p.p.) and the Philippines (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), the Philippines ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 63% of total imports. These countries were followed by Malaysia, Cambodia, Vietnam and Singapore, which together accounted for a further 36%.

Among the main importing countries, Cambodia, with a CAGR of +57.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per unit, shrinking by -5.9% against the previous year. In general, the import price, however, saw tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 97%. Over the period under review, import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+25.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform