South-Eastern Asia: Electric Lamp Market 2024

Electric Lamp Market Size in South-Eastern Asia

The Southeast Asian electric lamp market shrank to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Electric Lamp Production in South-Eastern Asia

In value terms, electric lamp production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Electric Lamp Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of electric lamps increased by X% to X units, rising for the second year in a row after eight years of decline. Overall, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports expanded notably to $X in 2022. In general, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand represented the largest exporting country with an export of around X units, which finished at X% of total exports. Singapore (X units) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%) and the Philippines (X%). Indonesia (X units) and Malaysia (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric lamp exports from Thailand stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%), the Philippines (X%) and Indonesia (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), Vietnam (X p.p.), Singapore (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Philippines (X p.p.) and Indonesia (X p.p.) displayed negative dynamics.

In value terms, the largest electric lamp supplying countries in South-Eastern Asia were the Philippines ($X), Singapore ($X) and Indonesia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, the Philippines, with a CAGR of X%, saw 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

In 2022, the export price in South-Eastern Asia amounted to $X per unit, increasing by X% against the previous year. Export price indicated buoyant growth 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, electric lamp export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Electric Lamp Imports

Imports in South-Eastern Asia

After three years of growth, purchases abroad of electric lamps decreased by X% to X units in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then fell slightly in the following year.

In value terms, electric lamp imports declined rapidly to $X in 2022. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of electric lamp imports in 2022 were Malaysia (X units), Indonesia (X units) and Cambodia (X units), together finishing at X% of total import. The Philippines (X units) ranks next in terms of the total imports with a X% share, followed by Thailand (X%), Singapore (X%) and Vietnam (X%).

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

In value terms, the largest electric lamp importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total imports. Malaysia, Thailand, the Philippines and Cambodia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 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 Vietnam ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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