Australia and Oceania: Lamp Holder Market 2024

Lamp Holder Market Size in Australia and Oceania

In 2022, after five years of growth, there was decline in the lamp holder market in Australia and Oceania, when its value decreased by -4.3% to $X. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +59.2% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced slightly in the following year.

Lamp Holder Production in Australia and Oceania

In value terms, lamp holder production rose sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 93%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports in Australia and Oceania

After three years of growth, shipments abroad of lamp holders, plugs and sockets decreased by -12.2% to X tons in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2016 when exports increased by 59% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lamp holder exports rose to $X in 2022. Overall, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Australia (X tons) represented the main exporter of lamp holders, plugs and sockets, constituting 77% of total exports. It was distantly followed by New Zealand (X tons), constituting a 22% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lamp holder exports from Australia stood at -7.4%. At the same time, New Zealand (+14.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +14.9% from 2012-2022. While the share of New Zealand (+19 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-19.4 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest lamp holder supplier in Australia and Oceania, comprising 77% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at -2.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, growing by 17% against the previous year. In general, the export price recorded a tangible expansion. The growth pace was the most rapid in 2018 an increase of 160%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.0%).

Lamp Holder Imports

Imports in Australia and Oceania

Lamp holder imports shrank remarkably to X tons in 2022, which is down by -29.8% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 380% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, lamp holder imports dropped sharply to $X in 2022. In general, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

Australia represented the largest importing country with an import of around X tons, which resulted at 72% of total imports. It was distantly followed by New Zealand (X tons), making up a 19% share of total imports. Papua New Guinea (X tons) and Fiji (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to lamp holder imports into Australia stood at -8.0%. At the same time, Fiji (+6.3%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.3% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. By contrast, New Zealand (-2.8%) illustrated a downward trend over the same period. While the share of New Zealand (+6.4 p.p.) and Papua New Guinea (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-11 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported lamp holders, plugs and sockets in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was held by New Zealand ($X), with a 19% share of total imports. It was followed by Papua New Guinea, with a 1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -3.5%. In the other countries, the average annual rates were as follows: New Zealand (-3.2% per year) and Papua New Guinea (-7.0% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, shrinking by -39.7% against the previous year. Overall, the import price, however, recorded a perceptible increase. The growth pace was the most rapid in 2020 when the import price increased by 315%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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