Eastern Asia: Portable Electric Lamp Market 2025

Portable Electric Lamp Market Size in Eastern Asia

In 2022, the East Asian portable electric lamp market decreased by -21.1% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a notable 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 Eastern Asia

In value terms, portable electric lamp production soared to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 -12.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 101%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Portable Electric Lamp Exports

Exports in Eastern Asia

For the third consecutive year, Eastern Asia recorded growth in overseas shipments of portable electric lamps, which increased by 28% to X units in 2022. In general, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 53% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, portable electric lamp exports rose notably to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, amounting to X units, which was near 98% of total exports in 2022. Hong Kong SAR (X units) held a little 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 (+6.6 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -6.3% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest portable electric lamp supplier in Eastern Asia, comprising 97% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 2.6% share of total exports.

In China, portable electric lamp exports expanded at an average annual rate of +1.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, reducing by -14.8% against the previous year. Over the period under review, the export price showed a deep slump. The growth pace was the most rapid in 2015 an increase of 16% 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.

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 Eastern Asia

In 2022, the amount of portable electric lamps imported in Eastern Asia reduced to X units, falling by -12.4% on the previous year's figure. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 6.8% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, portable electric lamp imports shrank to $X in 2022. Overall, imports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by 2.2%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) was the main importer of portable electric lamps, committing 56% of total imports. South Korea (X units) ranks second in terms of the total imports with a 27% share, followed by Taiwan (Chinese) (7.3%) and Hong Kong SAR (6.3%). Democratic People's Republic of Korea (X units) took a minor share of total imports.

Imports into Japan decreased at an average annual rate of -3.4% from 2012 to 2022. At the same time, South Korea (+4.8%) and Democratic People's Republic of Korea (+3.5%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +4.8% from 2012-2022. By contrast, Taiwan (Chinese) (-2.5%) and Hong Kong SAR (-22.3%) illustrated a downward trend over the same period. South Korea (+18 p.p.), Japan (+14 p.p.) and Taiwan (Chinese) (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by -35.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported portable electric lamps in Eastern Asia, comprising 66% of total imports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total imports. It was followed by Hong Kong SAR, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value in Japan amounted to +1.0%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+8.0% per year) and Hong Kong SAR (-18.6% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, with an increase of 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2021 an increase of 11%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic People's Republic of Korea ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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