India: Lamp Plastic Parts Market 2025

Lamp Plastic Parts Market Size in India

The Indian lamp plastic parts market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption recorded a prominent increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Lamp Plastic Parts Exports

Exports from India

In 2021, shipments abroad of plastic parts for lamps and lighting fittings increased by 23% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lamp plastic parts exports reduced sharply to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 106% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for lamp plastic parts exports from India, with a 81% share of total exports. Moreover, lamp plastic parts exports to the United Arab Emirates exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold. Indonesia (X kg) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-30.7% per year) and Indonesia (+235.5% per year).

In value terms, the largest markets for lamp plastic parts exported from India were the United Arab Emirates ($X), Germany ($X) and Indonesia ($X), with a combined 88% share of total exports.

Among the main countries of destination, Indonesia, with a CAGR of +233.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, which is down by -65.6% against the previous year. In general, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 157%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into India

In 2021, supplies from abroad of plastic parts for lamps and lighting fittings increased by 10% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 74% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, lamp plastic parts imports contracted to $X in 2021. In general, imports showed noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of 96% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp plastic parts to India, with a 84% share of total imports. Moreover, lamp plastic parts imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.8% per year) and Hong Kong SAR (+55.2% per year).

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to India, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with an 8.9% share of total imports. It was followed by Hong Kong SAR, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.1% per year) and Hong Kong SAR (+47.8% per year).

Import Prices by Country

In 2021, the average lamp plastic parts import price amounted to $X per ton, with a decrease of -11.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 75%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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