Indonesia: Electric Lamp Market 2024

Electric Lamp Market Size in Indonesia

In 2022, the Indonesian electric lamp market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a mild reduction. Electric lamp consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Electric Lamp Production in Indonesia

In value terms, electric lamp production totaled $X in 2022 estimated in export price. In general, production, however, showed a mild expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Electric Lamp Exports

Exports from Indonesia

Electric lamp exports from Indonesia soared to X units in 2022, picking up by X% compared with 2021. Over the period under review, exports, however, faced a dramatic decline. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports declined modestly to $X in 2022. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units), the Philippines (X units) and China (X units) were the main destinations of electric lamp exports from Indonesia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X) remains the key foreign market for electric lamps exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The average electric lamp export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Russia ($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 Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Indonesia

In 2022, approx. X units of electric lamps were imported into Indonesia; with a decrease of X% on 2021. Overall, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports fell notably to $X in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electric lamp supplier to Indonesia, accounting for a X% share of total imports. Moreover, electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Timor-Leste (X units), more than tenfold. The third position in this ranking was held by Thailand (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Timor-Leste (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of electric lamps to Indonesia, comprising X% of total imports. The second position in the ranking was held by Timor-Leste ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Timor-Leste (X% per year) and Thailand (X% per year).

Import Prices by Country

The average electric lamp import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :