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China - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights
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Tungsten Halogen Lamp Market Size in China
In 2021, after two years of decline, there was significant growth in the Chinese tungsten halogen lamp market, when its value increased by 5.5% to $X. In general, consumption saw a mild slump. The most prominent rate of growth was recorded in 2017 when the market value increased by 7.8%. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Tungsten Halogen Lamp Production in China
In value terms, tungsten halogen lamp production surged to $X in 2021 estimated in export price. Overall, production showed a mild shrinkage. Tungsten halogen lamp production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.
Tungsten Halogen Lamp Exports
Exports from China
In 2021, overseas shipments of tungsten halogen lamps increased by 49% to X units, rising for the second consecutive year after five years of decline. In general, exports enjoyed a moderate expansion. The pace of growth was the most pronounced in 2020 with an increase of 91% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, tungsten halogen lamp exports reached $X in 2021. Overall, exports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 29%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for tungsten halogen lamp exports from China, accounting for a 22% share of total exports. Moreover, tungsten halogen lamp exports to the United States exceeded the volume sent to the second major destination, India (X units), fourfold. Brazil (X units) ranked third in terms of total exports with a 5.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+12.9% per year) and Brazil (+14.4% per year).
In value terms, the United States ($X) remains the key foreign market for tungsten halogen lamps exports from China, comprising 24% of total exports. The second position in the ranking was held by India ($X), with a 5.7% share of total exports. It was followed by Brazil, with a 5.5% share.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+1.1% per year) and Brazil (+3.0% per year).
Export Prices by Country
The average tungsten halogen lamp export price stood at $X per unit in 2021, reducing by -24.9% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Myanmar ($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 Arab Emirates (-2.0%), while the prices for the other major destinations experienced a decline.
Tungsten Halogen Lamp Imports
Imports into China
In 2021, the amount of tungsten halogen lamps imported into China fell dramatically to X units, which is down by -19.6% compared with 2020. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 25%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.
In value terms, tungsten halogen lamp imports fell modestly to $X in 2021. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 9.8% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, Germany (X units) constituted the largest supplier of tungsten halogen lamp to China, accounting for a 40% share of total imports. Moreover, tungsten halogen lamp imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. South Korea (X units) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-16.6% per year) and South Korea (-10.5% per year).
In value terms, Japan ($X), Germany ($X) and the United States ($X) constituted the largest tungsten halogen lamp suppliers to China, together comprising 73% of total imports. Poland, South Korea, Taiwan (Chinese), France and Hungary lagged somewhat behind, together accounting for a further 17%.
Poland, with a CAGR of +7.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2021, the average tungsten halogen lamp import price amounted to $X per unit, rising by 22% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 68% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tungsten halogen lamp market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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