Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka - 2022

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1 per unit, growing by 4.9% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum at $1.1 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($1.8 per unit), while the price for India ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka (FOB) - 2022

The average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $11 per unit in 2022, increasing by 302% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($12 per unit), while the average price for exports to Italy ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka

In 2022, approx. 430K units of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes were imported into Sri Lanka; reducing by -72.9% against the previous year's figure. Over the period under review, imports faced a dramatic setback. The smallest decline of -10.1% was in 2020. Imports peaked at 3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes shrank remarkably to $424K in 2022. In general, imports faced a sharp contraction. The smallest decline of -12.8% was in 2021. Imports peaked at $2.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Sri Lanka in 2022:

1. China (271.9K units)
2. India (123.2K units)
3. Hong Kong SAR (17.5K units)
4. Singapore (7.7K units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Sri Lanka

In 2022, overseas shipments of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes decreased by -67.2% to 1.7K units, falling for the second year in a row after two years of growth. In general, exports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 8.2% against the previous year. As a result, the exports attained the peak of 5.2K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes skyrocketed to $19K in 2022. The total export value increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Sri Lanka in 2022:

1. Ethiopia (1355.0 units)
2. Maldives (210.0 units)
3. Italy (62.0 units)
4. Mali (62.0 units)

Source: IndexBox Market Intelligence Platform