Report Sri Lanka - Ballasts for Discharge Lamps or Tubes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 23, 2022

Sri Lanka - Ballasts for Discharge Lamps or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Market for Ballasts For Discharge Lamps Or Tubes 2022

Market Size for Ballasts For Discharge Lamps Or Tubes in Sri Lanka

In 2021, the Sri Lankan ballast for discharge lamp market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a sharp downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Sri Lanka

In 2021, ballast for discharge lamp exports from Sri Lanka fell rapidly to X units, with a decrease of -X% against the previous year's figure. Over the period under review, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2020, and then declined markedly in the following year.

In value terms, ballast for discharge lamp exports reduced dramatically to $X in 2021. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped markedly in the following year.

Exports by Country

Hong Kong SAR (X units) was the main destination for ballast for discharge lamp exports from Sri Lanka, accounting for a X% share of total exports. Moreover, ballast for discharge lamp exports to Hong Kong SAR exceeded the volume sent to the second major destination, Poland (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Slovakia (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for ballast for discharge lamp exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2021, the average ballast for discharge lamp export price amounted to $X per unit, growing by X% against the previous year. In general, the export price posted a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Sri Lanka

In 2021, after two years of decline, there was significant growth in purchases abroad of ballasts for discharge lamps or tubes, when their volume increased by X% to X units. In general, imports, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ballast for discharge lamp imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ballast for discharge lamp to Sri Lanka, with a X% share of total imports. Moreover, ballast for discharge lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), eightfold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Hong Kong SAR (-X% per year).

In value terms, China ($X) constituted the largest supplier of ballast for discharge lamp to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Sweden (+X% per year).

Import Prices by Country

The average ballast for discharge lamp import price stood at $X per unit in 2021, growing by X% against the previous year. Overall, the import price recorded a strong increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for ballasts for discharge lamps or tubes in the world?
+
The country with the largest volume of ballast for discharge lamp consumption was Hungary, comprising approx. 39% of total volume. Moreover, ballast for discharge lamp consumption in Hungary exceeded the figures recorded by the second-largest consumer, China, threefold. Poland ranked third in terms of total consumption with an 11% share.
What are the largest producers of ballasts for discharge lamps or tubes in the world?
+
The countries with the highest volumes of in 2021 were Hungary, China and the United States, with a combined 75% share of global production.
What are the leading suppliers of ballasts for discharge lamps or tubes to Sri Lanka?
+
In value terms, China constituted the largest supplier of ballast for discharge lamp to Sri Lanka, comprising 48% of total imports. The second position in the ranking was occupied by India, with a 12% share of total imports. It was followed by Sweden, with a 9.9% share.
What are the leading importers of ballasts for discharge lamps or tubes from Sri Lanka?
+
In value terms, Hong Kong SAR remains the key foreign market for ballast for discharge lamp exports from Sri Lanka, comprising 71% of total exports. The second position in the ranking was occupied by Poland, with a 15% share of total exports.
What is the average export price for ballasts for discharge lamps or tubes in Sri Lanka?
+
In 2021, the average ballast for discharge lamp export price amounted to $9.7 per unit, jumping by 37% against the previous year.
What is the average import price for ballasts for discharge lamps or tubes in Sri Lanka?
+
The average ballast for discharge lamp import price stood at $6.6 per unit in 2021, surging by 18% against the previous year.

This report provides an in-depth analysis of the market for ballast for discharge lamp in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 27115013 - Inductors for discharge lamps or tubes
• Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
Country coverage:
• Sri Lanka

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sri Lanka
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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