Report Republic of Korea - Portable Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 17, 2022

Republic of Korea - Portable Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Portable Electric Lamp Market 2022

Portable Electric Lamp Market Size in Republic of Korea

The South Korean portable electric lamp market shrank slightly to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Portable electric lamp consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Portable Electric Lamp Production in Republic of Korea

In value terms, portable electric lamp production contracted to $X in 2021 estimated in export price. In general, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Portable Electric Lamp Exports

Exports from Republic of Korea

In 2021, shipments abroad of portable electric lamps decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, portable electric lamp exports totaled $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Japan (X units) and China (X units) were the main destinations of portable electric lamp exports from South Korea, together comprising X% of total exports. These countries were followed by Angola, Vietnam and Germany, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for portable electric lamp exported from South Korea were Japan ($X), the United States ($X) and China ($X), together comprising X% of total exports. Vietnam, Germany and Angola lagged somewhat behind, together accounting for a further X the main countries of destination, Angola, with a CAGR of +X%, recorded the highest growth rate of 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 portable electric lamp export price stood at $X per unit in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-X%), while the prices for the other major destinations experienced a decline.

Portable Electric Lamp Imports

Imports into Republic of Korea

In 2021, overseas purchases of portable electric lamps decreased by -X% to X units, falling for the fourth year in a row after two years of growth. In general, imports showed a slight decrease. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, portable electric lamp imports shrank to $X in 2021. Overall, total imports indicated buoyant growth 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 increased by +X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020, and then fell in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of portable electric lamp to South Korea, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of portable electric lamp to South Korea.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

In 2021, the average portable electric lamp import price amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price 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, portable electric lamp import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for portable electric lamps in the world?
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The countries with the highest volumes of in 2021 were the United States, South Africa and China, together comprising 36% of global consumption. Burkina Faso, Canada, Japan, Russia, Indonesia, Mexico, Germany, Brazil, Australia and Ghana lagged somewhat behind, together accounting for a further 28%.
What are the largest producers of portable electric lamps in the world?
+
The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 90% share of global production.
What are the leading suppliers of portable electric lamps to Republic of Korea?
+
In value terms, China constituted the largest supplier of portable electric lamp to South Korea.
What are the leading importers of portable electric lamps from Republic of Korea?
+
In value terms, the largest markets for portable electric lamp exported from South Korea were Japan, the United States and China, with a combined 59% share of total exports. These countries were followed by Vietnam, Germany and Angola, which together accounted for a further 8%.
What is the average export price for portable electric lamps in Republic of Korea?
+
In 2021, the average portable electric lamp export price amounted to $2.8 per unit, growing by 30% against the previous year.
What is the average import price for portable electric lamps in Republic of Korea?
+
The average portable electric lamp import price stood at $1.6 per unit in 2021, surging by 22% against the previous year.

This report provides an in-depth analysis of the portable electric lamp market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 27402100 - Portable electric lamps worked by dry batteries, accumulators or magnetos (excluding for cycles or motor vehicles)
Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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