Thailand - 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 Thailand - 2023
Contents:
- Price for Ballast for Discharge Lamp in Thailand (FOB) - 2023
- Price for Ballast for Discharge Lamp in Thailand (CIF) - 2023
- Exports of Ballast for Discharge Lamp in Thailand
- Imports of Ballast for Discharge Lamp in Thailand
Price for Ballast for Discharge Lamp in Thailand (FOB) - 2023
In September 2023, the average ballast for discharge lamp export price amounted to $10.8 per unit, declining by -12.2% against the previous month. In general, export price indicated a mild expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, ballast for discharge lamp export price increased by +29.0% against July 2023 indices. The growth pace was the most rapid in August 2023 when the average export price increased by 47% against the previous month. Over the period under review, the average export prices reached the maximum at $15.0 per unit in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13.9 per unit), while the average price for exports to Japan ($5.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ballast for Discharge Lamp in Thailand (CIF) - 2023
In September 2023, the average ballast for discharge lamp import price amounted to $2.7 per unit, which is down by -64.6% against the previous month. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in June 2023 an increase of 216% against the previous month. Over the period under review, average import prices attained the maximum at $29.8 per unit in September 2022; however, from October 2022 to September 2023, import prices stood 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 -11.7% per month.
Exports of Ballast for Discharge Lamp in Thailand
In 2022, shipments abroad of ballasts for discharge lamps or tubes decreased by -8.8% to 1.3M units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 114% against the previous year. As a result, the exports reached the peak of 1.4M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ballast for discharge lamp exports contracted to $13M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 170%. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Ballast for Discharge Lamp in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 11.0 | 10.4 | 9.5 | 58.2% |
| Japan | 1.7 | 1.7 | 2.6 | 2.4 | 12.2% |
| China | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Malaysia | N/A | N/A | N/A | 0.1 | 0% |
| Bangladesh | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.7 | 0.4 | 0.3 | -24.6% |
| Total | 5.1 | 13.9 | 13.8 | 12.8 | 35.9% |
Top Export Markets for Ballast for Discharge Lamp from Thailand in 2022:
- United States (689.3K units)
- Japan (406.5K units)
- China (79.6K units)
- Malaysia (25.9K units)
- Bangladesh (2.2K units)
Imports of Ballast for Discharge Lamp in Thailand
In 2022, the amount of ballasts for discharge lamps or tubes imported into Thailand fell markedly to 582K units, declining by -20.7% against 2021 figures. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.7% against the previous year. Over the period under review, imports attained the peak figure at 1.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ballast for discharge lamp imports fell markedly to $3.4M in 2022. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, imports reached the maximum at $5.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ballast for Discharge Lamp in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 2.5 | 3.0 | 2.4 | -15.7% |
| Japan | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Germany | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.8 | 0.8 | 0.8 | 0.7 | -4.4% |
| Total | 5.4 | 3.7 | 4.2 | 3.4 | -14.3% |
Top Suppliers of Ballast for Discharge Lamp to Thailand in 2022:
- China (535.2K units)
- Germany (14.1K units)
- Japan (13.5K units)
This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
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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