Indonesia: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Indonesia

In 2021, the Indonesian market for residential, commercial and industrial lighting fixture was finally on the rise to reach $X after three years of decline. In general, consumption recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Indonesia

For the tenth year in a row, Indonesia recorded growth in shipments abroad of residential, commercial and industrial lighting fixture, which increased by X% to X units in 2021. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units), Vietnam (X units) and Singapore (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Indonesia, together comprising X% of total exports. Moreover, exports of residential, commercial and industrial lighting fixture in the United States exceeded the figures recorded by the second-largest exporter, Vietnam, more than tenfold.

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

In value terms, the largest markets for residential, commercial and industrial lighting fixture exported from Indonesia were the United States ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total exports. Moreover, exports of residential, commercial and industrial lighting fixture in the United States exceeded the figures recorded by the second-largest exporter, Vietnam, fivefold.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for residential, commercial and industrial lighting fixture stood at less than $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, showed a significant increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the United States ($X per unit) 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 mixed trend patterns.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Indonesia

In 2021, supplies from abroad of residential, commercial and industrial lighting fixture was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of residential, commercial and industrial lighting fixture rose sharply to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

China (X units), Malaysia (X units) and Thailand (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Indonesia, with a combined X% share of total imports. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Malaysia, more than tenfold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), Malaysia ($X) and Singapore ($X) were the largest residential, commercial and industrial lighting fixture suppliers to Indonesia, together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for residential, commercial and industrial lighting fixture stood at less than $X per unit in 2022, dropping by X% against the previous year. Overall, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 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 Singapore ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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