Southern Asia: Electric Lamp Market 2024

Electric Lamp Market Size in Southern Asia

In 2022, the South Asian electric lamp market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption continues to indicate a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Lamp Production in Southern Asia

In value terms, electric lamp production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Electric Lamp Exports

Exports in Southern Asia

In 2022, approx. X units of electric lamps were exported in Southern Asia; waning by X% compared with 2021. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric lamp exports contracted to $X in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. Bangladesh (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric lamp exports from India stood at X%. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest electric lamp supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while India amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Electric Lamp Imports

Imports in Southern Asia

In 2022, the amount of electric lamps imported in Southern Asia contracted markedly to X units, which is down by X% against the year before. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports contracted to $X in 2022. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

India represented the largest importer of electric lamps in Southern Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Pakistan (X units) ranks second in terms of the total imports with a X% share, followed by Bangladesh (X%). The following importers - Nepal (X units) and Sri Lanka (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electric lamp imports into India stood at X%. Nepal and Bangladesh experienced a relatively flat trend pattern. Sri Lanka (X%) and Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.), Bangladesh (X p.p.) and Nepal (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka and Pakistan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported electric lamps in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, growing by X% against the previous year. Import price indicated a perceptible expansion 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 import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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