Report Update: May 1, 2024

Singapore - Parts For Electric Filament Or Discharge Lamps - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electric Filament Lamp Parts in Singapore - 2022

Price for Electric Filament Lamp Parts in Singapore (CIF) - 2022

In September 2022, the average electric filament lamp parts import price amounted to $66,276 per ton, reducing by -49% against the previous month. In general, the import price faced a dramatic descent. The most prominent rate of growth was recorded in August 2022 an increase of 89% month-to-month. The import price peaked at $312K per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($300K per ton), while the price for India ($11,597 per ton) was amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced a decline.

Price for Electric Filament Lamp Parts in Singapore (FOB) - 2022

The average electric filament lamp parts export price stood at $21,178 per ton in 2022, with an increase of 2.9% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2014 an increase of 46%. As a result, the export price attained the peak level of $29,235 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($115,000 per ton), while the average price for exports to South Korea ($20,717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Filament Lamp Parts in Singapore

Electric filament lamp parts imports into Singapore fell dramatically to 507 tons in 2022, reducing by -41.4% compared with the previous year's figure. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of 864 tons, and then shrank remarkably in the following year.

In value terms, electric filament lamp parts imports dropped remarkably to $6.8M in 2022. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports reached the peak of $12M, and then declined rapidly in the following year.

Import of Electric Filament Lamp Parts in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1.8	1.9	3.0	1.7	-1.9%
China	2.5	1.4	3.8	1.4	-17.6%
United States	4.4	2.1	0.8	1.0	-39.0%
South Korea	N/A	0.4	2.3	1.0	58.1%
Taiwan (Chinese)	0.1	0.1	0.2	0.6	81.7%
Malaysia	0.1	0.2	0.5	0.3	44.2%
Germany	0.1	0.5	0.4	0.2	26.0%
Others	0.5	0.7	0.6	0.6	6.3%
Total	9.5	7.5	11.5	6.8	-10.5%

Top Suppliers of Electric Filament Lamp Parts to Singapore in 2022:

Japan (129.4 tons)
China (100.7 tons)
South Korea (73.8 tons)
United States (71.5 tons)
Taiwan (Chinese) (44.7 tons)
Malaysia (22.8 tons)
Germany (17.1 tons)

Exports of Electric Filament Lamp Parts in Singapore

In 2022, approx. 302 tons of parts for electric filament or discharge lamps were exported from Singapore; increasing by 13% on the previous year's figure. Overall, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 451 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric filament lamp parts exports surged to $6.4M in 2022. In general, exports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports reached the peak of $8.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Electric Filament Lamp Parts in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3,414	3,459	2,286	2,532	-9.5%
Indonesia	680	3,568	1,488	1,633	33.9%
Malaysia	606	406	568	651	2.4%
Thailand	103	87.5	51.1	396	56.7%
United States	882	159	285	286	-31.3%
Hong Kong SAR	159	226	84.1	208	9.4%
Canada	47.9	50.3	119	177	54.6%
India	299	148	95.5	35.2	-51.0%
Taiwan (Chinese)	219	162	60.3	29.1	-49.0%
Others	517	368	448	452	-4.4%
Total	6,928	8,635	5,486	6,400	-2.6%

Top Export Markets for Electric Filament Lamp Parts from Singapore in 2022:

Japan (120.9 tons)
Indonesia (78.0 tons)
Malaysia (31.1 tons)
Thailand (19.0 tons)
United States (13.7 tons)
Canada (8.4 tons)
Hong Kong SAR (5.7 tons)
India (1.7 tons)
Taiwan (Chinese) (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electric filament lamp parts in Singapore. 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 27404100 - Parts for electric filament or discharge lamps (including sealed beam lamp units, ultraviolet or infrared lamps, arc lamps)

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023