Asia-Pacific: Portable Electric Lamp Market 2025

Portable Electric Lamp Market Size in Asia-Pacific

The Asia-Pacific portable electric lamp market contracted dramatically to $X in 2022, reducing by -19.5% against the previous year. Overall, consumption, however, saw a moderate expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Portable Electric Lamp Production in Asia-Pacific

In value terms, portable electric lamp production soared to $X in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -11.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 86%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Portable Electric Lamp Exports

Exports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in overseas shipments of portable electric lamps, which increased by 28% to X units in 2022. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, portable electric lamp exports expanded notably to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 21%. Over the period under review, the exports reached the maximum at $X in 2015; afterwards, it flattened through to 2022.

Exports by Country

China dominates exports structure, amounting to X units, which was near 96% of total exports in 2022. Hong Kong SAR (X units) held a relatively small share of total exports.

China was also the fastest-growing in terms of the portable electric lamps exports, with a CAGR of +8.3% from 2012 to 2022. Hong Kong SAR (-8.5%) illustrated a downward trend over the same period. China (+6.8 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -6.1% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest portable electric lamp supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China amounted to +1.2%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, which is down by -14.3% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 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 Hong Kong SAR ($X per unit), while China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-1.7%).

Portable Electric Lamp Imports

Imports in Asia-Pacific

In 2022, imports of portable electric lamps in Asia-Pacific contracted to X units, remaining stable against 2021. In general, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when imports increased by 20% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, portable electric lamp imports expanded modestly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 14% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X units), distantly followed by Japan (X units), Australia (X units), Bangladesh (X units), South Korea (X units) and Thailand (X units) were the major importers of portable electric lamps, together comprising 79% of total imports. India (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units) and Singapore (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +11.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X), Australia ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, with a combined 52% share of total imports. India, Indonesia, Bangladesh, Singapore, Hong Kong SAR, Thailand and Taiwan (Chinese) lagged somewhat behind, together comprising a further 31%.

Among the main importing countries, Bangladesh, with a CAGR of +9.7%, recorded 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, picking up by 3.3% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, portable electric lamp import price increased by +2.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 32%. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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