India: Electric Lamp Market 2025

Electric Lamp Market Size in India

The Indian electric lamp market reduced to $X in 2022, waning by X% against the previous year. In general, consumption saw a perceptible descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Lamp Production in India

In value terms, electric lamp production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible decline. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Electric Lamp Exports

Exports from India

Electric lamp exports from India dropped notably to X units in 2022, with a decrease of X% on the year before. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric lamp exports dropped to $X in 2022. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X units), Luxembourg (X units) and Indonesia (X units) were the main destinations of electric lamp exports from India, with a combined X% share of total exports. Nicaragua, Thailand, the United States, Germany, Guatemala, Brazil, Bangladesh, South Africa, Kenya and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Sri Lanka ($X) and Luxembourg ($X) were the largest markets for electric lamp exported from India worldwide, together accounting for X% of total exports. Germany, Thailand, Brazil, Indonesia, Bangladesh, Nicaragua, Egypt, South Africa, Guatemala and Kenya lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Nicaragua ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into India

In 2022, overseas purchases of electric lamps decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports rose notably to $X in 2022. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric lamp to India, with a X% share of total imports. Moreover, electric lamp imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and the Netherlands (X% per year).

In value terms, the largest electric lamp suppliers to India were China ($X), Germany ($X) and South Korea ($X), together accounting for X% of total imports. Taiwan (Chinese), the Netherlands and Japan lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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