South-Eastern Asia: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in South-Eastern Asia

The Southeast Asian electronic lamp machine market declined modestly to $X in 2021, shrinking by -4.4% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.0% against 2019 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in South-Eastern Asia

In value terms, electronic lamp machine production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 26%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Electronic Lamp Machine Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -85.8% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2019 with an increase of 153% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, electronic lamp machine exports dropped dramatically to $X in 2021. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 308% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Singapore (X units) represented the key exporter of machines for electric or electronic lamps, tubes, valves or flashbulbs, making up 39% of total exports. Malaysia (X units) took the second position in the ranking, followed by Indonesia (X units), Vietnam (X units) and Thailand (X units). All these countries together took approx. 57% share of total exports. The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Philippines (with a CAGR of +11.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest electronic lamp machine supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Vietnam ($X), with a combined 69% share of total exports. The Philippines, Thailand and Indonesia lagged somewhat behind, together comprising a further 12%.

In terms of the main exporting countries, the Philippines, with a CAGR of +39.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, falling by -43.8% against the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 129%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+25.6%), while the other leaders experienced more modest paces of growth.

Electronic Lamp Machine Imports

Imports in South-Eastern Asia

Electronic lamp machine imports fell sharply to X units in 2021, shrinking by -26.7% on 2020 figures. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 112% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. Over the period under review, imports showed a slight contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 146% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Cambodia (X units) and Thailand (X units) prevails in imports structure, together achieving 82% of total imports. Indonesia (X units) ranks next in terms of the total imports with a 7.6% share, followed by Malaysia (5.1%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Cambodia (with a CAGR of +52.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs in South-Eastern Asia, comprising 52% of total imports. The second position in the ranking was held by Cambodia ($X), with a 19% share of total imports. It was followed by Malaysia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Thailand amounted to +21.3%. In the other countries, the average annual rates were as follows: Cambodia (+52.3% per year) and Malaysia (-8.1% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, picking up by 117% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the import price increased by 138% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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