Australia - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Australia - 2023
Contents:
- Price for Ballast for Discharge Lamp in Australia (CIF) - 2022
- Price for Ballast for Discharge Lamp in Australia (FOB) - 2022
- Imports of Ballast for Discharge Lamp in Australia
- Exports of Ballast for Discharge Lamp in Australia
Price for Ballast for Discharge Lamp in Australia (CIF) - 2022
The average ballast for discharge lamp import price stood at $36 per unit in 2022, surging by 43% against the previous year. In general, the import price enjoyed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($72 per unit), while the price for Taiwan (Chinese) ($6.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ballast for Discharge Lamp in Australia (FOB) - 2022
The average ballast for discharge lamp export price stood at $62 per unit in 2022, with a decrease of -3.5% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 422% against the previous year. The export price peaked at $64 per unit in 2021, and then shrank modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($161 per unit), while the average price for exports to South Korea ($14 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ballast for Discharge Lamp in Australia
In 2022, approx. 149K units of ballasts for discharge lamps or tubes were imported into Australia; with a decrease of -46% on the year before. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.6% against the previous year. Over the period under review, imports attained the maximum at 318K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ballast for discharge lamp imports dropped significantly to $5.4M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 5.9% against the previous year. Over the period under review, imports reached the maximum at $7.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ballast for Discharge Lamp in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,841 | 4,546 | 4,386 | 2,745 | -17.2% |
| United States | 307 | 308 | 333 | 506 | 18.1% |
| Germany | 459 | 380 | 546 | 410 | -3.7% |
| United Kingdom | 103 | 101 | 113 | 208 | 26.4% |
| Italy | 156 | 109 | 246 | 199 | 8.5% |
| Austria | 372 | 303 | 345 | 60.1 | -45.5% |
| Bulgaria | 179 | 69.5 | 79.7 | 57.5 | -31.5% |
| Taiwan (Chinese) | 45.4 | 48.4 | 40.5 | 46.6 | 0.9% |
| Serbia | 35.3 | 27.2 | 38.7 | 34.6 | -0.7% |
| Others | 846 | 637 | 788 | 1,092 | 8.9% |
| Total | 7,344 | 6,530 | 6,916 | 5,358 | -10.0% |
Top Suppliers of Ballast for Discharge Lamp to Australia in 2022:
- China (71.4K units)
- Italy (16.5K units)
- Germany (15.7K units)
- United Kingdom (7.6K units)
- Taiwan (Chinese) (7.2K units)
- United States (7.0K units)
- Austria (6.6K units)
- Serbia (4.5K units)
- Bulgaria (0.8K units)
Exports of Ballast for Discharge Lamp in Australia
In 2022, approx. 18K units of ballasts for discharge lamps or tubes were exported from Australia; jumping by 37% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep contraction. Over the period under review, the exports hit record highs at 23K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ballast for discharge lamp exports skyrocketed to $1.1M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ballast for Discharge Lamp in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 120 | 239 | 328 | 448 | 55.1% |
| United Kingdom | 1.5 | 2.2 | N/A | 108 | 316.0% |
| Canada | N/A | 7.6 | 3.1 | 104 | 269.9% |
| Thailand | 35.6 | 78.5 | N/A | 55.8 | 16.2% |
| Indonesia | 4.9 | 9.7 | 19.8 | 37.1 | 96.4% |
| South Korea | 19.8 | 8.5 | 7.5 | 36.3 | 22.4% |
| China | 125 | 90.5 | 56.0 | 24.2 | -42.2% |
| Malaysia | 161 | N/A | 6.4 | 23.7 | -47.2% |
| United Arab Emirates | 11.2 | 1.0 | 8.2 | N/A | -14.4% |
| Others | 315 | 266 | 423 | 287 | -3.1% |
| Total | 794 | 703 | 852 | 1,124 | 12.3% |
Top Export Markets for Ballast for Discharge Lamp from Australia in 2022:
- New Zealand (9.0K units)
- South Korea (2.5K units)
- United Kingdom (1.9K units)
- Indonesia (1.2K units)
- China (0.9K units)
- Canada (0.6K units)
- Malaysia (0.3K units)
- Thailand (0.3K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp in Australia. 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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