Republic of Korea - Portable Electric Lamps - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPortable Electric Lamp Price in South Korea - 2022
Contents:
- Portable Electric Lamp Price in South Korea (CIF) - 2022
- Portable Electric Lamp Price in South Korea (FOB) - 2022
- Portable Electric Lamp Imports in South Korea
- Portable Electric Lamp Exports in South Korea
Portable Electric Lamp Price in South Korea (CIF) - 2022
In December 2022, the average portable electric lamp import price amounted to $2.5 per unit, declining by -24.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in February 2022 an increase of 42% against the previous month. As a result, import price reached the peak level of $3.4 per unit. From March 2022 to December 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +1.1% per month.
Portable Electric Lamp Price in South Korea (FOB) - 2022
The average portable electric lamp export price stood at $12.4 per unit in December 2022, reducing by -5.5% against the previous month. Over the period under review, export price indicated slight growth from December 2021 to December 2022: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, portable electric lamp export price increased by +64.1% against September 2022 indices. The pace of growth appeared the most rapid in November 2022 an increase of 67% against the previous month. Over the period under review, the average export prices hit record highs at $14.5 per unit in January 2022; however, from February 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was China ($144 per unit), while the average price for exports to Japan ($6.3 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Portable Electric Lamp Imports in South Korea
In 2022, supplies from abroad of portable electric lamps decreased by -10% to 17M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 19M units, and then declined in the following year.
In value terms, portable electric lamp imports contracted to $38M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $42M, and then fell in the following year.
Import of Portable Electric Lamp in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 23.3 | 30.2 | 39.6 | 34.3 | 13.8% |
Others | 3.0 | 3.0 | 2.6 | 3.4 | 4.3% |
Total | 26.3 | 33.2 | 42.2 | 37.7 | 12.8% |
Top Suppliers of Portable Electric Lamp to South Korea in 2022:
- China (16.7M units)
Portable Electric Lamp Exports in South Korea
For the third year in a row, South Korea recorded decline in shipments abroad of portable electric lamps, which decreased by -0.2% to 1.6M units in 2022. Over the period under review, exports saw a deep slump. The exports peaked at 2.3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, portable electric lamp exports amounted to $8.1M in 2022. Overall, exports saw a abrupt curtailment. Over the period under review, the exports hit record highs at $10M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Portable Electric Lamp in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4,050 | 4,008 | 3,593 | 3,585 | -4.0% |
United States | 2,868 | 2,047 | 1,611 | 1,946 | -12.1% |
China | 598 | 564 | 773 | 373 | -14.6% |
Germany | 15.7 | 44.8 | 42.4 | 345 | 180.1% |
Taiwan (Chinese) | 313 | 219 | 272 | 241 | -8.3% |
Hong Kong SAR | 159 | 72.7 | 204 | 214 | 10.4% |
Indonesia | 245 | 375 | 26.6 | 158 | -13.6% |
Canada | 199 | 95.6 | 97.5 | 115 | -16.7% |
United Arab Emirates | 105 | 89.6 | 48.9 | 57.4 | -18.2% |
Mauritania | N/A | 7.3 | N/A | N/A | 0% |
Others | 1,940 | 1,170 | 925 | 1,109 | -17.0% |
Total | 10,493 | 8,693 | 7,594 | 8,143 | -8.1% |
Top Export Markets for Portable Electric Lamp from South Korea in 2022:
- Japan (570.3K units)
- United States (511.0K units)
- China (100.9K units)
- Germany (41.7K units)
- Taiwan (Chinese) (32.7K units)
- Indonesia (32.3K units)
- Canada (30.3K units)
- United Arab Emirates (27.8K units)
- Hong Kong SAR (25.8K units)
This report provides an in-depth analysis of the portable electric lamp market in Republic of Korea. 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 27402100 - Portable electric lamps worked by dry batteries, accumulators or magnetos (excluding for cycles or motor vehicles)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the portable electric lamp market in Republic of Korea.
This report provides an in-depth analysis of the global portable electric lamp market.
This report provides an in-depth analysis of the portable electric lamp market in Republic of Korea.
This report provides an in-depth analysis of the global portable electric lamp market.
Explore the top import markets for portable electric lamps and key statistics. Find out which countries dominate the market. Discover lucrative opportunities for lamp manufacturers.
Discover the top import markets for portable electric lamps, backed by key statistics and data from the IndexBox market intelligence platform.
Explore the top import markets for portable electric lamps and key statistics. Find out which countries dominate the market. Discover lucrative opportunities for lamp manufacturers.
Discover the top import markets for portable electric lamps, backed by key statistics and data from the IndexBox market intelligence platform.