Asia: Portable Electric Lamp Market 2025

Portable Electric Lamp Market Size in Asia

The Asian portable electric lamp market contracted dramatically to $X in 2022, falling by -18.4% against the previous year. Overall, consumption, however, enjoyed a mild expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Portable Electric Lamp Production in Asia

In value terms, portable electric lamp production rose markedly to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 -10.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 76%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Portable Electric Lamp Exports

Exports in Asia

For the third year in a row, Asia recorded growth in shipments abroad of portable electric lamps, which increased by 27% to X units in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, portable electric lamp exports rose sharply to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21%. The level of export peaked at $X in 2015; afterwards, it flattened through to 2022.

Exports by Country

China dominates exports structure, reaching X units, which was approx. 96% of total exports in 2022. Hong Kong SAR (X units) followed a long way behind the leaders.

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 (+9.4 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -5.9% from 2012 to 2022, respectively.

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

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

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, dropping by -14% against the previous year. Over the period under review, the export price showed a deep contraction. The growth pace was the most rapid in 2015 when the export price increased by 16% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while China stood at $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

In 2022, the amount of portable electric lamps imported in Asia dropped slightly to X units, falling by -4.2% on the year before. Overall, imports saw a perceptible setback. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, portable electric lamp imports fell to $X in 2022. Over the period under review, imports showed a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 9.2%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of portable electric lamps, namely Indonesia, Kazakhstan, the United Arab Emirates and Japan, represented more than half of total import. Bangladesh (X units) ranks next in terms of the total imports with a 5.2% share, followed by South Korea (5.1%) and Thailand (5.1%). Yemen (X units), India (X units), Turkey (X units) and Iraq (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +23.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported portable electric lamps in Asia, comprising 27% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total imports. It was followed by South Korea, with a 6.5% share.

In Japan, portable electric lamp imports expanded at an average annual rate of +1.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-13.0% per year) and South Korea (+8.0% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, dropping by -2% against the previous year. In general, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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