Australia and Oceania: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Australia and Oceania

The market for special-purpose electric lamps and lighting fittings in Australia and Oceania declined to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Australia and Oceania

In value terms, production of special-purpose electric lamps and lighting fittings rose markedly to $X in 2022 estimated in export price. In general, production saw a dramatic decrease. The pace of growth appeared the most rapid in 2017 with an increase of X,500% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports in Australia and Oceania

In 2022, approx. X units of special-purpose electric lamps and lighting fittings were exported in Australia and Oceania; with a decrease of X% against 2021 figures. In general, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of special-purpose electric lamps and lighting fittings shrank to $X in 2022. Overall, exports showed a slight decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Australia represented the largest exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by New Zealand (X units), constituting a X% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of special-purpose electric lamps and lighting fittings. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest special-purpose electric lamp and lighting fitting supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, exports of special-purpose electric lamps and lighting fittings increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 unit), while Australia totaled $X per unit.

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

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports in Australia and Oceania

Imports of special-purpose electric lamps and lighting fittings shrank to X units in 2022, with a decrease of X% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of special-purpose electric lamps and lighting fittings contracted to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Australia (X units) represented the key importer of special-purpose electric lamps and lighting fittings, generating X% of total imports. New Zealand (X units) took the second position in the ranking, distantly followed by Papua New Guinea (X units). All these countries together held near X% share of total imports. New Caledonia (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to special-purpose electric lamp and lighting fitting imports into Australia stood at X%. At the same time, Papua New Guinea (X%), New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand and Papua New Guinea increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported special-purpose electric lamps and lighting fittings in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, imports of special-purpose electric lamps and lighting fittings expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, declining by X% against the previous year. Overall, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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