China: Blow Lamp Market 2024

Blow Lamp Market Size in China

The Chinese blow lamp market expanded sharply to $X in 2022, rising by X% against the previous year. Overall, consumption, however, recorded a pronounced contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Blow Lamp Production in China

In value terms, blow lamp production totaled $X in 2022 estimated in export price. In general, production, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Blow Lamp Exports

Exports from China

In 2022, after two years of growth, there was significant decline in shipments abroad of blow lamps, when their volume decreased by X% to X tons. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, blow lamp exports contracted dramatically to $X in 2022. Over the period under review, total exports indicated a resilient increase 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced notably in the following year.

Exports by Country

Russia (X tons), Kazakhstan (X tons) and France (X tons) were the main destinations of blow lamp exports from China, with a combined X% share of total exports. Taiwan (Chinese), the United States, Italy, the UK, South Africa, the Netherlands, Vietnam, Romania, Portugal and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blow lamp exported from China were France ($X), Taiwan (Chinese) ($X) and Russia ($X), with a combined X% share of total exports. Kazakhstan, the United States, the UK, Italy, Germany, the Netherlands, Vietnam, Romania, South Africa and Portugal lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blow lamp export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price 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, blow lamp export price increased by X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Blow Lamp Imports

Imports into China

For the fourth year in a row, China recorded decline in supplies from abroad of blow lamps, which decreased by X% to X tons in 2022. Overall, imports, however, saw a perceptible increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, blow lamp imports reduced modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X tons) constituted the largest supplier of blow lamp to China, with a X% share of total imports. Moreover, blow lamp imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, the United States (X kg), eightfold. The third position in this ranking was taken by South Korea (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, Germany ($X), Taiwan (Chinese) ($X) and South Korea ($X) appeared to be the largest blow lamp suppliers to China, together accounting for X% of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blow lamp import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform