Thailand: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Thailand

The Thai electronic lamp machine market surged to $X in 2021, with an increase of 51,089% 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 continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electronic Lamp Machine Exports

Exports from Thailand

In 2021, shipments abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -49.3% to X units, falling for the fourth year in a row after two years of growth. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 1,275%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports contracted markedly to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 when exports increased by 900%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for electronic lamp machine exports from Thailand, accounting for a 73% share of total exports. Moreover, electronic lamp machine exports to Myanmar exceeded the volume sent to the second major destination, China (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Myanmar stood at +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Lao People's Democratic Republic (-32.8% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for electronic lamp machine exports from Thailand, comprising 70% of total exports. The second position in the ranking was held by China ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Myanmar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Lao People's Democratic Republic (-42.9% per year).

Export Prices by Country

In 2021, the average electronic lamp machine export price amounted to $X per unit, reducing by -46.6% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 109% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.9%), while the prices for the other major destinations experienced a decline.

Electronic Lamp Machine Imports

Imports into Thailand

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported into Thailand surged to X units, increasing by 14,724% against 2020. Over the period under review, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic lamp machine imports soared to $X in 2021. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X units) was the main supplier of electronic lamp machine to Thailand, with a 99% share of total imports. It was followed by China (X units), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +94.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.1% per year) and Japan (-39.3% per year).

In value terms, Italy ($X) constituted the largest supplier of electronic lamp machine to Thailand, comprising 98% of total imports. The second position in the ranking was held by China ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +96.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.0% per year) and Japan (-27.7% per year).

Import Prices by Country

The average electronic lamp machine import price stood at $X per unit in 2021, waning by -16.6% against the previous year. Overall, the import price, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2013 an increase of 97% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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