Eastern Asia: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Eastern Asia

The East Asian market for ultraviolet or infrared lamps and arc lamps dropped slightly to $X in 2021, approximately reflecting the previous year. Overall, consumption recorded a pronounced decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Ultraviolet Or Infrared Lamps And Arc Lamps in Eastern Asia

In value terms, ultraviolet, infrared, or arc lamp production reached $X in 2021 estimated in export price. Overall, production saw a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of 27% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports in Eastern Asia

In 2021, exports of ultraviolet or infrared lamps and arc lamps in Eastern Asia was estimated at X units, surging by 5.4% compared with 2020. Over the period under review, exports, however, continue to indicate a slight decline. The pace of growth appeared the most rapid in 2016 with an increase of 66% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, ultraviolet, infrared, or arc lamp exports declined significantly to $X in 2021. Overall, exports posted notable growth. The growth pace was the most rapid in 2019 when exports increased by 107% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then contracted rapidly in the following year.

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 90% of total exports in 2021. Taiwan (Chinese) (X units), Japan (X units) and South Korea (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ultraviolet, infrared, or arc lamp exports from China stood at +1.5%. At the same time, Taiwan (Chinese) (+4.1%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +4.1% from 2012-2021. By contrast, South Korea (-1.1%) and Japan (-3.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +18 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ultraviolet, infrared, or arc lamp supplying countries in Eastern Asia were China ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 94% share of total exports.

China, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, with a decrease of -23.1% against the previous year. Overall, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2017 an increase of 199% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the other leaders experienced more modest paces of growth.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports in Eastern Asia

In 2021, supplies from abroad of ultraviolet or infrared lamps and arc lamps decreased by -16% to X units for the first time since 2017, thus ending a three-year rising trend. In general, imports recorded a slight decline. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, ultraviolet, infrared, or arc lamp imports soared to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the key importing country with an import of around X units, which resulted at 42% of total imports. Taiwan (Chinese) (X units) took the second position in the ranking, followed by South Korea (X units) and Japan (X units). All these countries together held near 56% share of total imports. Hong Kong SAR (X units) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +15.5%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 85% of total imports.

China, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, increasing by 39% against the previous year. Import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2021, the country with the highest price was Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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