Global Lamp Holder Market 2024

Lamp Holder Market Size

In 2022, the global lamp holder market decreased by -79% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a temperate expansion. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Lamp Holder Production

In value terms, lamp holder production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 22%. Over the period under review, global production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports

In 2022, shipments abroad of lamp holders, plugs and sockets increased by 4.7% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +24.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 44%. Over the period under review, the global exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, lamp holder exports reached $X in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +25.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, China (X tons) represented the largest exporter of lamp holders, plugs and sockets, committing 48% of total exports. It was distantly followed by Germany (X tons), mixing up a 12% share of total exports. The Czech Republic (X tons), Japan (X tons), Mexico (X tons), the United States (X tons), France (X tons), Belgium (X tons), the Netherlands (X tons), Turkey (X tons), Austria (X tons), South Korea (X tons) and Romania (X tons) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +8.5% from 2012 to 2022. At the same time, Japan (+24.0%), Romania (+16.4%), Belgium (+14.6%), the Netherlands (+8.0%), Germany (+5.0%), the Czech Republic (+4.0%), Austria (+3.9%), France (+3.2%), South Korea (+2.1%) and Mexico (+1.1%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.0% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, the United States (-9.9%) illustrated a downward trend over the same period. China (+16 p.p.) and Japan (+2.4 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -7.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 52% of global exports. Mexico, South Korea, the Czech Republic, Japan, France, the Netherlands, Belgium, Austria, Romania and Turkey lagged somewhat behind, together accounting for a further 29%.

The Czech Republic, with a CAGR of +16.6%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2022, waning by -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 an increase of 24%. The global export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.0%), while the other global leaders experienced more modest paces of growth.

Lamp Holder Imports

Imports

In 2022, the amount of lamp holders, plugs and sockets imported worldwide dropped rapidly to X tons, which is down by -92.5% compared with the previous year. Over the period under review, imports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,478% against the previous year. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, lamp holder imports amounted to $X in 2022. The total import value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the twelve major importers of lamp holders, plugs and sockets, namely Germany, the United States, Malaysia, Hungary, the UK, the Netherlands, France, the Czech Republic, Mexico, Italy, Belgium and Poland, represented more than half of total import. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malaysia (with a CAGR of +27.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2022, with a combined 34% share of global imports.

Among the main importing countries, Mexico, with a CAGR of +13.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lamp holder import price amounted to $X per ton, with an increase of 1,256% against the previous year. Over the period under review, the import price continues to indicate slight growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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