Eastern Asia: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Eastern Asia

In 2022, after three years of growth, there was significant decline in the East Asian electronic lamp machine market, when its value decreased by X% to $X. Overall, consumption saw a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Eastern Asia

In value terms, electronic lamp machine production shrank to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Electronic Lamp Machine Exports

Exports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in shipments abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs, which increased by X% to X units in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic lamp machine exports surged to $X in 2022. In general, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the machines for electric or electronic lamps, tubes, valves or flashbulbs exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest electronic lamp machine supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price saw a precipitous setback. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Electronic Lamp Machine Imports

Imports in Eastern Asia

After four years of growth, purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by X% to X units in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X units in 2021, and then reduced rapidly in the following year.

In value terms, electronic lamp machine imports fell markedly to $X in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR dominates imports structure, accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Japan (X units), generating an X% share of total imports. China (X units) held a relatively small share of total imports.

Imports into Hong Kong SAR increased at an average annual rate of X% from 2012 to 2022. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR and Japan increased by X and X percentage points, respectively.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

In Hong Kong SAR, electronic lamp machine imports 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: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, saw a dramatic setback. 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 hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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