Report Update: May 1, 2024

Sri Lanka - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Electric Lamp Price in Sri Lanka - 2021

Electric Lamp Price in Sri Lanka (CIF) - 2022

In 2022, the average electric lamp import price amounted to $0.7 per unit, rising by 12% against the previous year. In general, the import price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 40%. As a result, import price attained the peak level of $1 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.6 per unit), while the price for India stood at $0.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%).

Electric Lamp Price in Sri Lanka (FOB) - 2022

The average electric lamp export price stood at $10 per unit in 2022, with an increase of 93% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2021 an increase of 102% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($14 per unit), while the average price for exports to the United States ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+288.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports in Sri Lanka

In 2022, supplies from abroad of electric lamps decreased by -68.8% to 16M units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of 52M units, and then declined significantly in the following year.

In value terms, electric lamp imports fell sharply to $10M in 2022. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of $30M, and then contracted rapidly in the following year.

Import of Electric Lamp in Sri Lanka (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	15.6	18.9	25.6	8.1	-19.6%
India	1.0	1.4	2.0	0.7	-11.2%
Japan	0.3	0.3	0.4	0.1	-30.7%
Others	2.7	2.1	2.2	1.5	-17.8%
Total	19.6	22.7	30.1	10.5	-18.8%

Top Suppliers of Electric Lamp to Sri Lanka in 2022:

China (14.1M units)
India (1.4M units)
Japan (0.1M units)

Electric Lamp Exports in Sri Lanka

In 2022, approx. 4.8K units of electric lamps were exported from Sri Lanka; dropping by -65.7% against 2021. Over the period under review, exports showed a significant decrease. The smallest decline of -37.1% was in 2020. Over the period under review, the exports hit record highs at 42K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports declined notably to $49K in 2022. In general, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 5.9%. Over the period under review, the exports reached the peak figure at $268K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electric Lamp in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Maldives	63.8	18.5	9.3	23.2	-28.6%
Ethiopia	55.5	3.3	6.1	20.0	-28.8%
Mali	N/A	0.8	0.1	2.0	58.1%
Seychelles	19.5	0.3	2.4	0.4	-72.6%
India	78.2	4.5	12.8	0.4	-82.8%
United States	0.7	2.1	0.2	0.3	-24.6%
United Kingdom	0.1	0.1	N/A	0.2	26.0%
Oman	N/A	21.3	2.0	N/A	-90.6%
Uruguay	N/A	5.6	N/A	N/A	0%
Bangladesh	12.0	3.2	14.9	N/A	11.4%
Canada	1.6	1.4	0.4	N/A	-50.0%
Others	36.8	8.9	26.0	2.7	-58.1%
Total	268	70.2	74.3	49.3	-43.1%

Top Export Markets for Electric Lamp from Sri Lanka in 2022:

Maldives (2710.0 units)
Ethiopia (1450.0 units)
Mali (211.0 units)
United States (150.0 units)
United Kingdom (83.0 units)
Seychelles (54.0 units)
India (20.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric lamp 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 27401100 - Sealed beam lamp units
Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
Prodcom 27401490 - Filament lamps n.e.c.
Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps
Prodcom 27403090 -

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:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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