Which Country Imports the Most Lamp Holders, Plugs and Sockets in the World?
Wiring Devices May 28, 2018
In 2016, the global imports of lamp holder amounted to 9.1M tonnes, going up by 96% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2016, when import increased by 96% year-to-year. Global lamp holder import peaked of 15M tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.
In value terms, lamp holder imports amounted to $96B in 2016. The total import value increased at an average annual rate of +2.2% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global lamp holder import peaked of $102B in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Lamp Holder Importing Countries in the World
1. China (14.2 billion USD)
2. Germany (7.1 billion USD)
3. China, Hong Kong SAR (7.1 billion USD)
4. Mexico (5.9 billion USD)
5. Malaysia (1.7 billion USD)
6. Czech Republic (1.7 billion USD)
7. Mozambique (0.0 billion USD)
Lamp Holder Imports By Country
Mozambique (4.4M tonnes) represented the main importing country with an import of around 4.4M tonnes, which resulted at 49% of total imports. Malaysia (1.5M tonnes) took the second position in the ranking, distantly followed by Mexico (420K tonnes). All these countries together held near 21% share of total imports. China (344K tonnes), Germany (169K tonnes), Czech Republic (164K tonnes), and China, Hong Kong SAR (152K tonnes) followed a long way behind this figure.
Mozambique was also the fastest growing in terms of the lamp holder imports, with a CAGR of +343.4% from 2007 to 2016. At the same time, Czech Republic (+6.0%), China (+5.0%), and Malaysia (+4.4%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-7.0%), and Mexico (-30.9%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Mexico, and China, Hong Kong SAR increased by 124%, and 2% percentage points, while Malaysia (-5.3%), and Mozambique (-48.9%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest lamp holder markets worldwide were China ($14B), Germany ($7.1B) and China, Hong Kong SAR ($7.1B), with a combined 30% share of global imports. These countries were followed by Mexico, Malaysia, Czech Republic and Mozambique, which together accounted for a further 10%.
Mozambique (+7.5% per year) experienced the highest rates of growth with regard to the lamp holder imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Lamp Holder Import Prices By Country
In 2016, the average import price for lamp holder amounted to $11 per kg, reducing by -48.6% against the previous year. Overall, lamp holder import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2008, when import price increased by 330% year-to-year. Global lamp holder import peaked of $23 per kg in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.
Import prices varied noticeably by country of destination. the country with the highest import prices was China, Hong Kong SAR ($47 per kg), while Mozambique ($5 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of lamp holder import prices was attained by Mexico (+48.8% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global lamp holder market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- lamp holder market share
- lamp holder prices
- lamp holder industry
- lamp holder sales
- lamp holder import
- lamp holder export
- lamp holder market forecast
- lamp holder price forecast
- key lamp holder producers
All data provided in this article covers the following product: HS Code 8536 - Electrical apparatus for switching, protecting electrical circuits, for making connections to or in electrical circuits, for a voltage not exceeding 1000 volts; connectors for optical fibres, optical fibre bundles or cables.
Source: World: Lamp Holders, Plugs And Sockets - Market Report. Analysis and Forecast to 2025
