South-Eastern Asia: Electric Lamp Market 2024

Electric Lamp Market Size in South-Eastern Asia

The Southeast Asian electric lamp market declined to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, recorded a perceptible decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Lamp Production in South-Eastern Asia

In value terms, electric lamp production expanded to $X in 2022 estimated in export price. Overall, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Electric Lamp Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of electric lamps increased by X% to X units, rising for the second year in a row after eight years of decline. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports expanded sharply to $X in 2022. In general, exports, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand was the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Singapore (X units), Vietnam (X units) and the Philippines (X units), together comprising a X% share of total exports. The following exporters - Indonesia (X units) and Malaysia (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric lamp exports from Thailand stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%), the Philippines (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Vietnam, Singapore and Malaysia increased by X, X, X and X percentage points, respectively.

In value terms, the Philippines ($X), Singapore ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric lamp export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Electric Lamp Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of electric lamps decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank modestly in the following year.

In value terms, electric lamp imports reduced rapidly to $X in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X units), Indonesia (X units) and Cambodia (X units) represented the major importer of electric lamps in South-Eastern Asia, committing X% of total import. The Philippines (X units) took the next position in the ranking, followed by Thailand (X units), Singapore (X units) and Vietnam (X units). All these countries together held near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric lamp importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total imports. Malaysia, Thailand, the Philippines and Cambodia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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