South-Eastern Asia: Market for Parts For Electric Filament Or Discharge Lamps 2024

Exports of Parts For Electric Filament Or Discharge Lamps

Exports in South-Eastern Asia

In 2022, shipments abroad of parts for electric filament or discharge lamps increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports, however, saw a mild shrinkage. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electric filament lamp parts exports surged to $X in 2022. Over the period under review, exports enjoyed a modest increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Vietnam (X tons) was the largest exporter of parts for electric filament or discharge lamps, creating X% of total exports. Singapore (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%). The following exporters - Thailand (X tons) and Indonesia (X tons) - together made up X% of total exports.

Vietnam was also the fastest-growing in terms of the parts for electric filament or discharge lamps exports, with a CAGR of X% from 2012 to 2022. Malaysia (X%), Thailand (X%), Singapore (X%) and Indonesia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, Thailand, Singapore and Indonesia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest electric filament lamp parts supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (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 ton, with a decrease of X% against the previous year. Export price indicated pronounced 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 filament lamp parts export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

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 ($X per ton), while Malaysia ($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 mixed trends in the export price figures.

Imports of Parts For Electric Filament Or Discharge Lamps

Imports in South-Eastern Asia

In 2022, the amount of parts for electric filament or discharge lamps imported in South-Eastern Asia contracted slightly to X tons, waning by X% against 2021. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, electric filament lamp parts imports dropped slightly to $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X tons) represented the largest importer of parts for electric filament or discharge lamps, creating X% of total imports. Vietnam (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), Cambodia (X%), Singapore (X%) and Malaysia (X%). The Philippines (X tons) followed a long way behind the leaders.

Imports into Indonesia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%), Thailand (X%), Singapore (X%), the Philippines (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Cambodia (X p.p.), Vietnam (X p.p.), Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (X p.p.), Singapore (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore, the Philippines, Malaysia and Cambodia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price recorded a perceptible slump. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Thailand ($X per ton), while Cambodia ($X per ton) 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.

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Source: IndexBox Platform