ASEAN: Electric Lamp Market 2025

Electric Lamp Market Size in ASEAN

The ASEAN electric lamp market declined to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Lamp Production in ASEAN

In value terms, electric lamp production rose slightly to $X in 2022 estimated in export price. In general, production, however, saw a slight shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Electric Lamp Exports

Exports in ASEAN

In 2022, overseas shipments of electric lamps increased by X% to X units, rising for the second year in a row after eight years of decline. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports expanded significantly to $X in 2022. Overall, exports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand was the major exporter of electric lamps in ASEAN, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units), Vietnam (X units) and the Philippines (X units), together constituting a X% share of total exports. Indonesia (X units) and Malaysia (X units) took a minor share of total exports.

Exports from Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%), the Philippines (X%) and Indonesia (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), Vietnam (X p.p.), Singapore (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Philippines (X p.p.) and Indonesia (X p.p.) displayed negative dynamics.

In value terms, the Philippines ($X), Singapore ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, growing by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric lamp export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Electric Lamp Imports

Imports in ASEAN

In 2022, purchases abroad of electric lamps decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2021, and then declined slightly in the following year.

In value terms, electric lamp imports declined markedly to $X in 2022. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of electric lamps, namely Malaysia, Indonesia and Cambodia, represented more than half of total import. The Philippines (X units) took the next position in the ranking, followed by Thailand (X units), Singapore (X units) and Vietnam (X units). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Vietnam ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Malaysia, Thailand, the Philippines and Cambodia lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform