China: Market for Residential, Commercial and Industrial Lighting Fixture 2025

Market Size for Residential, Commercial and Industrial Lighting Fixture in China

In 2021, after four years of growth, there was significant decline in the Chinese market for residential, commercial and industrial lighting fixture, when its value decreased by -19.6% to $X. The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Residential, Commercial and Industrial Lighting Fixture in China

In value terms, production of residential, commercial and industrial lighting fixture dropped slightly to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +63.8% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of 19%. Production of peaked at $X in 2020, and then shrank in the following year.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from China

In 2021, after two years of decline, there was significant growth in overseas shipments of residential, commercial and industrial lighting fixture, when their volume increased by 21% to X units. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2016 when exports increased by 117%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, exports of residential, commercial and industrial lighting fixture soared to $X in 2021. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 88% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of residential, commercial and industrial lighting fixture from China, accounting for a 15% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Russia (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+21.3% per year) and Russia (+7.8% per year).

In value terms, the United States ($X) remains the key foreign market for residential, commercial and industrial lighting fixture exports from China, comprising 25% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of total exports. It was followed by the UK, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.3% per year) and the UK (+14.3% per year).

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, surging by 9.7% against the previous year. Over the period under review, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 169%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into China

In 2021, purchases abroad of residential, commercial and industrial lighting fixture increased by 35% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, recorded a abrupt downturn. Over the period under review, imports of attained the maximum at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of residential, commercial and industrial lighting fixture rose rapidly to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 29%. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X units), the United Arab Emirates (X units) and Vietnam (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to China, together comprising 47% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +150.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to China, comprising 38% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.7% share of total imports. It was followed by France, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.4% per year) and France (+20.6% per year).

Import Prices by Country

In 2021, the average import price for residential, commercial and industrial lighting fixture amounted to $X per unit, waning by -22.3% against the previous year. In general, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by 83% against the previous year. The import price 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 supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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