Report Singapore - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Singapore - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Lamp Plastic Parts Market 2025

Lamp Plastic Parts Market Size in Singapore

In 2021, the Singaporean lamp plastic parts market decreased by -9.4% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption recorded a abrupt slump. 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 Production in Singapore

In value terms, lamp plastic parts production reduced markedly to $X in 2021 estimated in export price. In general, production saw a dramatic descent. Lamp plastic parts production peaked at $X in 2020, and then fell notably in the following year.

Lamp Plastic Parts Exports

Exports from Singapore

In 2021, the amount of plastic parts for lamps and lighting fittings exported from Singapore surged to X tons, rising by 61% on 2020. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 223%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, lamp plastic parts exports surged to $X in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 412% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for lamp plastic parts exports from Singapore, with a 32% share of total exports. Moreover, lamp plastic parts exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by China (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia amounted to +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+26.2% per year) and China (+16.6% per year).

In value terms, Indonesia ($X) remains the key foreign market for plastic parts for lamps and lighting fittings exports from Singapore, comprising 32% of total exports. The second position in the ranking was held by Malaysia ($X), with a 16% share of total exports. It was followed by China, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+37.9% per year) and China (+27.4% per year).

Export Prices by Country

The average lamp plastic parts export price stood at $X per ton in 2021, dropping by -3.8% against the previous year. Over the period under review, export price indicated a remarkable increase 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, lamp plastic parts export price increased by +29.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 84%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to the Philippines ($X per ton) and Thailand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into Singapore

In 2021, purchases abroad of plastic parts for lamps and lighting fittings increased by 8.7% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 60% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lamp plastic parts imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2016 when imports increased by 56%. Imports peaked 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 Singapore, with a 78% share of total imports. Moreover, lamp plastic parts imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.5% per year) and Germany (-21.6% per year).

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Singapore, comprising 78% of total imports. The second position in the ranking was taken by the United States ($X), with a 5.6% share of total imports. It was followed by Germany, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-16.7% per year) and Germany (-17.8% per year).

Import Prices by Country

In 2021, the average lamp plastic parts import price amounted to $X per ton, increasing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Australia ($X per ton) and Italy ($X per ton), while the price for Germany ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, together comprising 58% of global consumption.
The country with the largest volume of lamp plastic parts production was China, comprising approx. 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Japan ranked third in terms of total production with a 5.6% share.
In value terms, China constituted the largest supplier of lamp plastic parts to Singapore, comprising 76% of total imports. The second position in the ranking was occupied by Germany, with an 8.7% share of total imports.
In value terms, Indonesia remains the key foreign market for lamp plastic parts exports from Singapore, comprising 39% of total exports. The second position in the ranking was occupied by Malaysia, with a 14% share of total exports. It was followed by China, with a 9.5% share.
In 2020, the average lamp plastic parts export price amounted to $20,328 per ton, with an increase of 8.5% against the previous year.
The average lamp plastic parts import price stood at $15,962 per ton in 2020, surging by 4.8% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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