Report Sri Lanka - Machines for Electric or Electronic Lamps, Tubes, Valves or Flashbulbs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Sri Lanka - Machines for Electric or Electronic Lamps, Tubes, Valves or Flashbulbs - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Sri Lanka

The Sri Lankan electronic lamp machine market contracted notably to $X in 2021, which is down by -93.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a deep setback. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Electronic Lamp Machine Exports

Exports from Sri Lanka

In 2021, approx. X units of machines for electric or electronic lamps, tubes, valves or flashbulbs were exported from Sri Lanka; surging by 150% on the previous year. Overall, exports, however, showed a precipitous setback. The growth pace was the most rapid in 2019 with an increase of 450% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electronic lamp machine exports surged to $X in 2021. In general, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 1,381%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for electronic lamp machine exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Australia totaled +33.3%.

In value terms, Australia ($X) emerged as the key foreign market for electronic lamp machine exports from Sri Lanka.

From 2012 to 2020, the average annual growth rate of value to Australia stood at +127.2%.

Export Prices by Country

In 2020, the average electronic lamp machine export price amounted to $X per unit, jumping by 64% against the previous year. Overall, the export price saw a strong increase. The growth pace was the most rapid in 2019 an increase of 169%. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2020, the rate of growth in terms of prices for Australia amounted to +63.0% per year.

Electronic Lamp Machine Imports

Imports into Sri Lanka

In 2021, purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -75.4% to X units, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2018 when imports increased by 489% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic lamp machine imports shrank significantly to $X in 2021. Over the period under review, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2018 with an increase of 375%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electronic lamp machine supplier to Sri Lanka, accounting for a 71% share of total imports. Moreover, electronic lamp machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.6% per year) and South Korea (-7.4% per year).

In value terms, Singapore ($X), the UK ($X) and China ($X) appeared to be the largest electronic lamp machine suppliers to Sri Lanka, with a combined 89% share of total imports. The United States, India and South Korea lagged somewhat behind, together comprising a further 11%.

Among the main suppliers, South Korea, with a CAGR of -1.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average electronic lamp machine import price stood at $X per unit in 2021, reducing by -39.6% against the previous year. Overall, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Singapore ($X per unit), while the price for South Korea ($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 United States (+49.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Italy constituted the country with the largest volume of electronic lamp machine consumption, comprising approx. 54% of total volume. Moreover, electronic lamp machine consumption in Italy exceeded the figures recorded by the second-largest consumer, the UK, fivefold. South Korea ranked third in terms of total consumption with a 10% share.
Italy remains the largest electronic lamp machine producing country worldwide, accounting for 56% of total volume. Moreover, electronic lamp machine production in Italy exceeded the figures recorded by the second-largest producer, the UK, fourfold. South Korea ranked third in terms of total production with an 11% share.
In value terms, China constituted the largest supplier of electronic lamp machine to Sri Lanka, comprising 52% of total imports. The second position in the ranking was occupied by the UK, with a 24% share of total imports.
In value terms, Australia remains the key foreign market for electronic lamp machine exports from Sri Lanka.
In 2020, the average electronic lamp machine export price amounted to $1,261 per unit, growing by 87% against the previous year.
In 2021, the average electronic lamp machine import price amounted to $607 per unit, jumping by 47% against the previous year.

This report provides an in-depth analysis of the electronic lamp machine market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28993920 - Machines for assembling electric or electronic lamps, tubes, v alves or flashbulbs, in glass envelopes

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended reports

Free Data: Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs - Sri Lanka