South-Eastern Asia: Market for Electric Table, Desk, Bedside Or Floor Standing Lamp 2024

Market Size for Electric Table, Desk, Bedside Or Floor Standing Lamp in South-Eastern Asia

In 2022, the Southeast Asian market for electric table, desk, bedside or floor standing lamp increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption posted significant growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Electric Table, Desk, Bedside Or Floor Standing Lamp in South-Eastern Asia

In value terms, table, bedside and floor lamp production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Exports by Country

In 2022, Vietnam (X tons) was the major exporter of electric table, desk, bedside or floor standing lamp, achieving X% of total exports. Malaysia (X tons) took the second position in the ranking, followed by Cambodia (X tons) and Singapore (X tons). All these countries together took near X% share of total exports. The following exporters - Indonesia (X tons) and Thailand (X tons) - together made up X% of total exports.

From 2020 to 2022, average annual rates of growth with regard to table, bedside and floor lamp exports from Vietnam stood at X%. At the same time, Cambodia (X%), Indonesia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2020-2022. By contrast, Singapore (X%) and Malaysia (X%) illustrated a downward trend over the same period. Cambodia (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2020 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest table, bedside and floor lamp supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value in Vietnam stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Cambodia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the last two years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the other leaders experienced more modest paces of growth.

Imports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Imports in South-Eastern Asia

Table, bedside and floor lamp imports soared to X tons in 2022, increasing by X% compared with 2021. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, table, bedside and floor lamp imports contracted to $X in 2022. Total imports indicated a moderate expansion 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the five major importers of electric table, desk, bedside or floor standing lamp, namely the Philippines, Singapore, Vietnam, Indonesia and Malaysia, represented more than two-thirds of total import. It was distantly followed by Myanmar (X tons), constituting a X% share of total imports. Cambodia (X tons) took a little share of total imports.

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

In value terms, the largest table, bedside and floor lamp importing markets in South-Eastern Asia were Indonesia ($X), the Philippines ($X) and Singapore ($X), together comprising X% of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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