Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India - 2023

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India (FOB) - 2023
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India (CIF) - 2022
3. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India
4. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India (FOB) - 2023

The average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $925 per thousand units in November 2023, picking up by 30% against the previous month. Overall, export price indicated a prominent expansion from November 2022 to November 2023: its price increased at an average monthly rate of +5.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes increased by +63.6% against August 2023 indices. The growth pace was the most rapid in February 2023 an increase of 41% m-o-m. Over the period under review, the average export prices attained the peak figure in November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1.4 per unit), while the average price for exports to Indonesia ($278 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $0.6 per unit, reducing by -1.8% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 21% against the previous year. The import price peaked at $1.2 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2.9 per unit), while the price for Taiwan (Chinese) ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India

In 2022, approx. 24M units of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes were exported from India; growing by 3.1% against 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked at 25M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes skyrocketed to $13M in 2022. In general, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 77%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from India in 2022:

1. United States (9.3M units)
2. Thailand (4.4M units)
3. Indonesia (3.0M units)
4. Malaysia (1.7M units)
5. Canada (0.9M units)
6. Singapore (0.7M units)
7. Kuwait (0.7M units)
8. United Arab Emirates (0.6M units)
9. Bangladesh (0.4M units)
10. Uruguay (0.4M units)
11. Saudi Arabia (0.2M units)
12. Vietnam (0.2M units)
13. Brazil (0.1M units)

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in India

In 2022, purchases abroad of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes increased by 5.2% to 3.5M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep downturn. Over the period under review, imports of hit record highs at 5.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes reached $2.2M in 2022. Over the period under review, imports, however, faced a dramatic downturn. Imports peaked at $4.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to India in 2022:

1. China (2761.7K units)
2. Poland (528.6K units)
3. Thailand (88.5K units)
4. Singapore (24.5K units)

Source: IndexBox Market Intelligence Platform