Australia and Oceania: Electric Lamp Market 2024

Electric Lamp Market Size in Australia and Oceania

In 2022, after three years of growth, there was significant decline in the electric lamp market in Australia and Oceania, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a pronounced decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Lamp Production in Australia and Oceania

In value terms, electric lamp production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Electric Lamp Exports

Exports in Australia and Oceania

In 2022, overseas shipments of electric lamps increased by X% to X units, rising for the second year in a row after two years of decline. Total exports indicated modest growth from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports rose significantly to $X in 2022. Overall, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia represented the largest exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by New Zealand (X units), comprising an X% share of total exports. Fiji (X units) took a little share of total exports.

Australia was also the fastest-growing in terms of the electric lamps exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) and Fiji (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while Fiji and New Zealand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest electric lamp supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, electric lamp exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 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 Australia ($X per unit), while Fiji ($X per unit) was amongst the lowest.

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

Electric Lamp Imports

Imports in Australia and Oceania

In 2022, electric lamp imports in Australia and Oceania contracted sharply to X units, reducing by X% against 2021 figures. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports dropped to $X in 2022. Overall, imports showed a pronounced descent. 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 remained at a lower figure.

Imports by Country

Australia represented the major importer of electric lamps in Australia and Oceania, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), comprising a X% share of total imports. Papua New Guinea (X units) and Fiji (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. Papua New Guinea (X%), Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported electric lamps in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, electric lamp imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price recorded a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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