Southern Asia: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Southern Asia

After two years of decline, the South Asian electronic lamp machine market increased by 2% to $X in 2021. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Electronic Lamp Machine Production in Southern Asia

In value terms, electronic lamp machine production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 3.3%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Electronic Lamp Machine Exports

Exports in Southern Asia

In 2021, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -73.4% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of 627% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electronic lamp machine exports soared to $X in 2021. In general, exports showed a dramatic decrease. The growth pace was the most rapid in 2015 with an increase of 174% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, India (X units), followed by Sri Lanka (X units) were the major exporters of machines for electric or electronic lamps, tubes, valves or flashbulbs, together creating 100% of total exports.

From 2012 to 2021, the biggest increases were in Sri Lanka (with a CAGR of -26.5%).

In value terms, India ($X) remains the largest electronic lamp machine supplier in Southern Asia, comprising 93% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 7.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to -30.3%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, rising by 721% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2017 an increase of 1,979%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per unit), while Sri Lanka stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+30.8%).

Electronic Lamp Machine Imports

Imports in Southern Asia

In 2021, imports of machines for electric or electronic lamps, tubes, valves or flashbulbs in Southern Asia shrank to X units, reducing by -9.2% compared with 2020 figures. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 410%. Over the period under review, imports reached 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 faced a deep contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh was the main importing country with an import of around X units, which amounted to 73% of total imports. It was distantly followed by India (X units), Nepal (X units) and Pakistan (X units), together creating a 25% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electronic lamp machine imports into Bangladesh stood at +2.4%. At the same time, Nepal (+66.8%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +66.8% from 2012-2021. By contrast, Pakistan (-5.2%) and India (-26.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh, Nepal and Pakistan increased by +53, +6.7 and +2.3 percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs in Southern Asia, comprising 80% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 12% share of total imports. It was followed by Pakistan, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled -15.7%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (-15.4% per year) and Pakistan (+8.3% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, jumping by 88% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2013 an increase of 339%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while Bangladesh ($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 (+14.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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