Southern Asia: Electric Lamp Market 2024

Electric Lamp Market Size in Southern Asia

In 2022, the South Asian electric lamp market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption saw a abrupt setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Lamp Production in Southern Asia

In value terms, electric lamp production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Electric Lamp Exports

Exports in Southern Asia

In 2022, approx. X units of electric lamps were exported in Southern Asia; shrinking by X% against the previous year's figure. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric lamp exports reduced modestly to $X in 2022. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. Bangladesh (X units) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest electric lamp supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total exports.

In India, electric lamp exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 Bangladesh ($X per unit), while India totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Electric Lamp Imports

Imports in Southern Asia

Electric lamp imports fell remarkably to X units in 2022, declining by X% compared with the year before. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports shrank to $X in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) was the major importer of electric lamps, achieving X% of total imports. Pakistan (X units) held the second position in the ranking, followed by Bangladesh (X units). All these countries together took near X% share of total imports. The following importers - Nepal (X units) and Sri Lanka (X units) - each amounted to a X% share of total imports.

Imports into India decreased at an average annual rate of X% from 2012 to 2022. Nepal and Bangladesh experienced a relatively flat trend pattern. Sri Lanka (X%) and Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Bangladesh and Nepal increased by X, X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported electric lamps in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

In India, electric lamp imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, growing by X% against the previous year. Import price indicated a noticeable expansion 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 import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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