Singapore - Plastic Parts For Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLamp Plastic Parts Price in Singapore - 2022
Contents:
- Lamp Plastic Parts Price in Singapore (CIF) - 2022
- Lamp Plastic Parts Price in Singapore (FOB) - 2022
- Lamp Plastic Parts Imports in Singapore
- Lamp Plastic Parts Exports in Singapore
Lamp Plastic Parts Price in Singapore (CIF) - 2022
The average lamp plastic parts import price stood at $17,154 per ton in 2022, with a decrease of -6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $18,251 per ton, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($17,675 per ton) and Malaysia ($17,484 per ton), while the price for Australia ($15,804 per ton) and Germany ($15,944 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Lamp Plastic Parts Price in Singapore (FOB) - 2022
The average lamp plastic parts export price stood at $16,141 per ton in 2022, dropping by -2.6% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamp plastic parts export price increased by +25.9% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 84%. The export price peaked at $18,230 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Brunei Darussalam ($21,058 per ton) and Thailand ($18,752 per ton), while the average price for exports to China ($15,059 per ton) and Malaysia ($15,059 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lamp Plastic Parts Imports in Singapore
In 2022, the amount of plastic parts for lamps and lighting fittings imported into Singapore reduced slightly to 354 tons, which is down by -4% compared with the year before. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 8.7%.
In value terms, lamp plastic parts imports declined to $6.1M in 2022. In general, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 24%.
| Import of Lamp Plastic Parts in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,928 | 4,125 | 5,276 | 4,461 | -3.3% |
| United States | 910 | 283 | 374 | 435 | -21.8% |
| Germany | 542 | 474 | 243 | 349 | -13.6% |
| Italy | 346 | 38.1 | 65.8 | 125 | -28.8% |
| Hong Kong SAR | 140 | 67.7 | 115 | 96.9 | -11.5% |
| Malaysia | 59.9 | 53.9 | 113 | 95.9 | 17.0% |
| Others | 977 | 374 | 542 | 509 | -19.5% |
| Total | 7,902 | 5,416 | 6,728 | 6,072 | -8.4% |
Top Suppliers of Lamp Plastic Parts to Singapore in 2022:
- China (255.2 tons)
- United States (26.9 tons)
- Germany (21.9 tons)
- Italy (7.8 tons)
- Malaysia (5.5 tons)
- Hong Kong SAR (5.5 tons)
Lamp Plastic Parts Exports in Singapore
In 2022, the amount of plastic parts for lamps and lighting fittings exported from Singapore declined significantly to 128 tons, reducing by -15.6% compared with 2021. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +36.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of 152 tons, and then contracted dramatically in the following year.
In value terms, lamp plastic parts exports dropped notably to $2.1M in 2022. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports reached the peak of $2.5M, and then declined significantly in the following year.
| Export of Lamp Plastic Parts in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 542 | 633 | 811 | 696 | 8.7% |
| Malaysia | 114 | 230 | 399 | 303 | 38.5% |
| China | 90.0 | 154 | 366 | 278 | 45.6% |
| Taiwan (Chinese) | 30.4 | 67.3 | 159 | 121 | 58.5% |
| Thailand | 113 | 69.5 | 100 | 107 | -1.8% |
| India | 9.9 | 110 | 100 | 76.1 | 97.4% |
| United States | 28.5 | 80.4 | 91.1 | 69.3 | 34.5% |
| Hong Kong SAR | 32.4 | 45.1 | 86.2 | 65.6 | 26.5% |
| Philippines | 6.9 | 22.7 | 66.2 | 50.4 | 94.0% |
| Brunei Darussalam | 89.2 | 1.0 | 0.4 | 46.5 | -19.5% |
| Australia | 25.1 | 53.5 | 22.5 | 36.7 | 13.5% |
| Japan | 12.8 | 10.5 | 45.9 | 34.9 | 39.7% |
| Jordan | 0.3 | 0.1 | 45.7 | 34.7 | 387.2% |
| Others | 172 | 147 | 223 | 149 | -4.7% |
| Total | 1,267 | 1,624 | 2,516 | 2,070 | 17.8% |
Top Export Markets for Lamp Plastic Parts from Singapore in 2022:
- Indonesia (41.0 tons)
- Malaysia (20.1 tons)
- China (18.5 tons)
- Taiwan (Chinese) (8.0 tons)
- Thailand (5.7 tons)
- India (5.1 tons)
- United States (4.6 tons)
- Hong Kong SAR (4.4 tons)
- Philippines (3.3 tons)
- Japan (2.3 tons)
- Jordan (2.3 tons)
- Brunei Darussalam (2.2 tons)
- Australia (2.0 tons)
This report provides an in-depth analysis of the lamp plastic parts market in Singapore. 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 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
-
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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