Philippines: Fluorescent Discharge Lamps Market 2025

Fluorescent Discharge Lamps Market Size in the Philippines

In 2021, the Philippine fluorescent discharge lamps market decreased by -7.2% to $X, falling for the eighth consecutive year after two years of growth. Overall, consumption recorded a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Fluorescent Discharge Lamps Production in the Philippines

In value terms, fluorescent discharge lamps production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 when the production volume increased by 22%. Fluorescent discharge lamps production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from the Philippines

Fluorescent discharge lamps exports from the Philippines soared to X units in 2021, picking up by 91% on the previous year. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 4,177%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports surged to $X in 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 4,023%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Japan (X units) were the main destinations of fluorescent discharge lamps exports from the Philippines, with a combined 82% share of total exports. The Netherlands, South Korea, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +939.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluorescent discharge lamps exported from the Philippines were China ($X), the United States ($X) and the Netherlands ($X), together comprising 79% of total exports. Japan, South Korea, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Germany, with a CAGR of +358.5%, saw the highest rates of growth with regard to 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

The average fluorescent discharge lamps export price stood at $X per unit in 2021, waning by -11.2% against the previous year. Overall, the export price, however, posted a noticeable increase. The growth pace was the most rapid in 2014 an increase of 300% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Japan ($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 the United States (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into the Philippines

In 2021, overseas purchases of fluorescent discharge lamps were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by 59%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports totaled $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 52%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of fluorescent discharge lamps to the Philippines, accounting for a 67% share of total imports. Moreover, fluorescent discharge lamps imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was held by Hong Kong SAR (X units), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+21.5% per year) and Hong Kong SAR (+21.5% per year).

In value terms, Hong Kong SAR ($X), China ($X) and Japan ($X) appeared to be the largest fluorescent discharge lamps suppliers to the Philippines, together comprising 96% of total imports.

Hong Kong SAR, with a CAGR of +46.6%, recorded the highest growth rate of 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

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, dropping by -4.8% against the previous year. Over the period under review, the import price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 95% against the previous year. The import price peaked at $X per unit in 2020, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+71.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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