South-Eastern Asia: Market for Lighting Sets for Christmas Trees 2024

Market Size for Lighting Sets for Christmas Trees in South-Eastern Asia

In 2022, after four years of growth, there was significant decline in the Southeast Asian market for lighting sets for christmas trees, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a prominent increase. The level of consumption peaked at $X in 2021, and then shrank significantly in the following year.

Production of Lighting Sets for Christmas Trees in South-Eastern Asia

In value terms, lighting set for christmas trees production contracted to $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then reduced in the following year.

Exports of Lighting Sets for Christmas Trees

Exports in South-Eastern Asia

In 2022, shipments abroad of lighting sets for christmas trees increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lighting set for christmas trees exports skyrocketed to $X in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Cambodia (X units) represented the largest exporter of lighting sets for christmas trees, creating X% of total exports. It was distantly followed by the Philippines (X units), committing a X% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X) emerged as the largest lighting set for christmas trees supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Cambodia stood at X%. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price attained 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 ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Imports of Lighting Sets for Christmas Trees

Imports in South-Eastern Asia

In 2022, supplies from abroad of lighting sets for christmas trees decreased by X% to X units, falling for the fourth consecutive year after five years of growth. Overall, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, lighting set for christmas trees imports shrank sharply to $X in 2022. In general, imports, however, saw measured growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia was the main importing country with an import of about X units, which finished at X% of total imports. Thailand (X units) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%). The following importers - Vietnam (X units), Cambodia (X units) and Singapore (X units) - each reached a X% share of total imports.

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

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

Among the main importing countries, Cambodia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, dropping by X% against the previous year. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked 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 destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Indonesia ($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.

Source: IndexBox Platform

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