Sri Lanka: Lamp Holder Market 2025

Lamp Holder Market Size in Sri Lanka

The Sri Lankan lamp holder market totaled $X in 2022, approximately reflecting the previous year. Overall, consumption, however, enjoyed a prominent expansion. Lamp holder consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lamp Holder Production in Sri Lanka

In value terms, lamp holder production expanded to $X in 2022 estimated in export price. Overall, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 42%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Sri Lanka

In 2022, lamp holder exports from Sri Lanka contracted slightly to X tons, leveling off at the year before. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +7.6% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 28%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, lamp holder exports fell markedly to $X in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 71% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for lamp holder exports from Sri Lanka, accounting for a 0.7% share of total exports. Moreover, lamp holder exports to Austria exceeded the volume sent to the second major destination, Pakistan (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+51.7% per year) and the United Arab Emirates (+161.6% per year).

In value terms, the largest markets for lamp holder exported from Sri Lanka were Austria ($X), Pakistan ($X) and the United Arab Emirates ($X), together accounting for 61% of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +185.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, picking up by 17% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 56%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Sri Lanka

In 2022, the amount of lamp holders, plugs and sockets imported into Sri Lanka dropped remarkably to X tons, reducing by -75.4% compared with 2021 figures. In general, imports showed a deep contraction. The growth pace was the most rapid in 2016 with an increase of 88% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, lamp holder imports declined sharply to $X in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 with an increase of 194% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp holder to Sri Lanka, accounting for a 0.9% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.4% per year) and the United Arab Emirates (+11.9% per year).

In value terms, China ($X), India ($X) and the United Arab Emirates ($X) constituted the largest lamp holder suppliers to Sri Lanka, together comprising 63% of total imports. Vietnam and Singapore lagged somewhat behind, together comprising a further 8.2%.

Among the main suppliers, Vietnam, with a CAGR of +98.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average lamp holder import price amounted to $X per ton, reducing by -38.6% against the previous year. Overall, the import price saw a abrupt decline. The growth pace was the most rapid in 2018 when the average import price increased by 131% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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