Asia-Pacific: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Asia-Pacific

The Asia-Pacific electronic lamp machine market shrank slightly to $X in 2021, approximately equating the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Asia-Pacific

In value terms, electronic lamp machine production reached $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 2.4%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Electronic Lamp Machine Exports

Exports in Asia-Pacific

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs exported in Asia-Pacific declined markedly to X units, with a decrease of -28.9% against 2020 figures. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2014 with an increase of 40%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electronic lamp machine exports dropped significantly to $X in 2021. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 31%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China represented the largest exporting country with an export of about X units, which amounted to 61% of total exports. It was distantly followed by South Korea (X units) and Taiwan (Chinese) (X units), together committing a 30% share of total exports. Singapore (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of machines for electric or electronic lamps, tubes, valves or flashbulbs. Singapore (-25.2%), South Korea (-33.1%) and Taiwan (Chinese) (-33.6%) illustrated a downward trend over the same period. China (+57 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) and South Korea saw its share reduced by -16.2% and -29.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electronic lamp machine supplier in Asia-Pacific, comprising 64% of total exports. The second position in the ranking was taken by South Korea ($X), with a 14% share of total exports. It was followed by Taiwan (Chinese), with a 4.3% share.

In China, electronic lamp machine exports contracted by an average annual rate of -9.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-32.6% per year) and Taiwan (Chinese) (-31.8% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, reducing by -33.9% against the previous year. Overall, the export price, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2015 when the export price increased by 147% against the previous year. The level of export peaked at $X per unit in 2020, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.7%), while the other leaders experienced more modest paces of growth.

Electronic Lamp Machine Imports

Imports in Asia-Pacific

Electronic lamp machine imports dropped markedly to X units in 2021, declining by -21.1% against 2020 figures. Over the period under review, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2017 with an increase of 86% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic lamp machine imports surged to $X in 2021. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Cambodia (X units) and Thailand (X units) represented the main importers of machines for electric or electronic lamps, tubes, valves or flashbulbs in 2021, recording near 35% and 25% of total imports, respectively. It was distantly followed by Japan (X units), Hong Kong SAR (X units) and Indonesia (X units), together creating a 25% share of total imports. The following importers - Australia (X units) and Malaysia (X units) - each resulted at a 7.6% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key 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 Cambodia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 54% of total imports.

Among the main importing countries, Cambodia, with a CAGR of +52.3%, saw the highest growth rate of 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-Pacific stood at $X per unit in 2021, growing by 62% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 76%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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