Asia: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Asia

The Asian electronic lamp machine market totaled $X in 2021, increasing by 2.3% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Asia

In value terms, electronic lamp machine production reached $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 2%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Electronic Lamp Machine Exports

Exports in Asia

Electronic lamp machine exports reduced markedly to X units in 2021, which is down by -44.5% compared with the previous year. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of 60% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electronic lamp machine exports contracted dramatically to $X in 2021. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 50% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X units) and the United Arab Emirates (X units) were the major exporters of machines for electric or electronic lamps, tubes, valves or flashbulbs in Asia, together mixing up 67% of total exports. South Korea (X units) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (5.8%). Israel (X units), Oman (X units) and Bahrain (X units) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bahrain (with a CAGR of +77.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electronic lamp machine supplier in Asia, comprising 55% of total exports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total exports. It was followed by Israel, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -9.2%. In the other countries, the average annual rates were as follows: South Korea (-32.6% per year) and Israel (+2.3% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per unit, falling by -39.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 139% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+25.0%), while the other leaders experienced more modest paces of growth.

Electronic Lamp Machine Imports

Imports in Asia

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported in Asia shrank markedly to X units, declining by -19.6% against the previous year. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 172%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic lamp machine imports reached $X in 2021. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 34%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of electronic lamp machine imports in 2021 were Cambodia (X units), Thailand (X units) and Turkey (X units), together resulting at 52% of total import. It was distantly followed by Qatar (X units), Japan (X units), Iran (X units), Oman (X units) and Hong Kong SAR (X units), together comprising a 34% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of +52.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Hong Kong SAR ($X) and Iran ($X) were the countries with the highest levels of imports in 2021, with a combined 45% share of total imports. Turkey, Cambodia, Japan, Oman and Qatar lagged somewhat behind, together comprising a further 20%.

Among the main importing countries, Cambodia, with a CAGR of +52.3%, 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

The import price in Asia stood at $X per unit in 2021, picking up by 42% against the previous year. Overall, the import price, however, showed a noticeable reduction. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+38.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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