Thailand - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in Thailand - 2023
Contents:
- Non-Electrical Lamp Price in Thailand (CIF) - 2023
- Non-Electrical Lamp Price in Thailand (FOB) - 2022
- Non-Electrical Lamp Imports in Thailand
- Non-Electrical Lamp Exports in Thailand
Non-Electrical Lamp Price in Thailand (CIF) - 2023
The average non-electrical lamp import price stood at $1.1 per unit in September 2023, shrinking by -12.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 123% month-to-month. As a result, import price reached the peak level of $1.7 per unit. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -0.5% per month.
Non-Electrical Lamp Price in Thailand (FOB) - 2022
The average non-electrical lamp export price stood at $3.7 per unit in 2022, increasing by 7.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 13%. The export price peaked at $4.3 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6.1 per unit), while the average price for exports to Myanmar ($1 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 Japan (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electrical Lamp Imports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of non-electrical lamps and lighting fittings, which increased by 3.7% to 14M units in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 96% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, non-electrical lamp imports fell slightly to $13M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. Imports peaked at $13M in 2021, and then reduced in the following year.
Import of Non-Electrical Lamp in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.6 | 10.7 | 11.7 | 10.3 | 6.2% |
Japan | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
Others | 1.4 | 0.7 | 1.0 | 1.8 | 8.7% |
Total | 10.0 | 11.5 | 12.8 | 12.5 | 7.7% |
Top Suppliers of Non-Electrical Lamp to Thailand in 2022:
- China (12.7M units)
- Japan (0.4M units)
Non-Electrical Lamp Exports in Thailand
In 2022, overseas shipments of non-electrical lamps and lighting fittings decreased by -1.2% to 1.1M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum at 1.1M units in 2021, and then dropped modestly in the following year.
In value terms, non-electrical lamp exports reached $3.9M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Non-Electrical Lamp in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,124 | 2,328 | 2,121 | 1,853 | -4.4% |
Japan | 794 | 425 | 1,038 | 996 | 7.8% |
Taiwan (Chinese) | 8.8 | 0.1 | 1.0 | 382 | 251.4% |
China | 26.2 | 41.7 | 14.8 | 59.4 | 31.4% |
Sri Lanka | 4.8 | 3.5 | 14.5 | 46.2 | 112.7% |
Myanmar | 1.7 | 16.3 | 6.1 | 34.4 | 172.5% |
France | 72.1 | 85.5 | 132 | 13.0 | -43.5% |
Malaysia | 100 | N/A | 2.3 | 0.9 | -79.2% |
Others | 532 | 260 | 342 | 512 | -1.3% |
Total | 3,664 | 3,159 | 3,673 | 3,898 | 2.1% |
Top Export Markets for Non-Electrical Lamp from Thailand in 2022:
- United States (567.7K units)
- Japan (187.2K units)
- Taiwan (Chinese) (112.8K units)
- Myanmar (32.9K units)
- Sri Lanka (22.2K units)
- China (18.1K units)
- France (6.6K units)
- Malaysia (0.6K units)
This report provides an in-depth analysis of the non-electrical lamp market in Thailand. 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 27402300 - Non-electrical lamps and lighting fittings
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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