Malaysia: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Malaysia

In 2021, the Malaysian tungsten halogen lamp market increased by 11% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. Tungsten halogen lamp consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in Malaysia

In value terms, tungsten halogen lamp production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 41%. Tungsten halogen lamp production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports from Malaysia

In 2021, approx. X units of tungsten halogen lamps were exported from Malaysia; picking up by 135% on the previous year. In general, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 163%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for tungsten halogen lamp exports from Malaysia, accounting for a 5.7% share of total exports. Moreover, tungsten halogen lamp exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. The third position in this ranking was taken by Panama (X units), with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +95.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+591.6% per year) and Panama (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for tungsten halogen lamps exports from Malaysia, comprising 79% of total exports. The second position in the ranking was held by Germany ($X), with a 5.3% share of total exports. It was followed by the Netherlands, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +71.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+78.1% per year) and the Netherlands (+366.6% per year).

Export Prices by Country

In 2021, the average tungsten halogen lamp export price amounted to $X per unit, surging by 3.5% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tungsten halogen lamp export price increased by +2.9% against 2018 indices. The growth pace was the most rapid in 2013 when the average export price increased by 83%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.9%), while the prices for the other major destinations experienced a decline.

Tungsten Halogen Lamp Imports

Imports into Malaysia

In 2021, tungsten halogen lamp imports into Malaysia amounted to X units, rising by 9.2% on the previous year's figure. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, tungsten halogen lamp imports amounted to $X in 2021. Over the period under review, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -35.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 38% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of tungsten halogen lamp to Malaysia, accounting for a 197% share of total imports. Moreover, tungsten halogen lamp imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), eightfold. The third position in this ranking was taken by Singapore (X units), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+32.8% per year) and Singapore (-1.3% per year).

In value terms, China ($X) constituted the largest supplier of tungsten halogen lamps to Malaysia, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.9% per year) and Japan (+23.2% per year).

Import Prices by Country

In 2021, the average tungsten halogen lamp import price amounted to $X per unit, which is down by -3.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14%. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then fell modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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