Vietnam - Special-Purpose Electric Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Special-Purpose Electric Lamp and Lighting Fitting in Vietnam - 2022
Contents:
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (FOB) - 2022
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (CIF) - 2022
- Exports of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam
- Imports of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam
Price for Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (FOB) - 2022
The average export price for special-purpose electric lamps and lighting fittings stood at $38 per unit in 2022, rising by 4.4% against the previous year. Overall, the export price enjoyed prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 154% against the previous year. The export price peaked at $43 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($47 per unit), while the average price for exports to the United Arab Emirates ($14 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 (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (CIF) - 2022
In 2022, the average import price for special-purpose electric lamps and lighting fittings amounted to $29 per unit, which is down by -2.3% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for special-purpose electric lamps and lighting fittings increased by +11.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17%. Over the period under review, average import prices attained the peak figure at $29 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($29 per unit) and Thailand ($29 per unit), while the price for Malaysia ($27 per unit) and Germany ($27 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam
In 2022, after three years of growth, there was decline in overseas shipments of special-purpose electric lamps and lighting fittings, when their volume decreased by -2.1% to 5.5M units. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 129%. Over the period under review, the exports of reached the peak figure at 5.6M units in 2021, and then fell in the following year.
In value terms, exports of special-purpose electric lamps and lighting fittings expanded slightly to $206M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 127% against the previous year. As a result, the exports reached the peak of $210M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.8 | 137 | 155 | 147 | 91.9% |
Mexico | 17.6 | 23.5 | 22.8 | 21.5 | 6.9% |
China | 3.3 | 6.5 | 9.9 | 9.3 | 41.3% |
South Korea | 9.1 | 8.9 | 8.0 | 7.6 | -5.8% |
Canada | 0.2 | 2.4 | 5.6 | 5.3 | 198.1% |
Egypt | 2.6 | 5.2 | 4.4 | 4.2 | 17.3% |
Hungary | 2.0 | 7.7 | 4.1 | 3.9 | 24.9% |
Slovakia | 16.2 | 0.2 | 0.2 | 3.5 | -40.0% |
Japan | 3.1 | 4.8 | 2.6 | 2.5 | -6.9% |
Others | 17.5 | 13.3 | -11.7 | 0.8 | -64.2% |
Total | 92.4 | 210 | 201 | 206 | 30.6% |
Top Export Markets for Special-Purpose Electric Lamp and Lighting Fitting from Vietnam in 2022:
- United States (3731.0K units)
- Mexico (546.8K units)
- China (237.0K units)
- South Korea (191.9K units)
- Canada (135.2K units)
- Egypt (105.6K units)
- Hungary (99.6K units)
- Slovakia (73.9K units)
- Japan (62.0K units)
Imports of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam
In 2022, the amount of special-purpose electric lamps and lighting fittings imported into Vietnam dropped modestly to 5.7M units, falling by -4.9% on 2021. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 6M units, and then dropped in the following year.
In value terms, imports of special-purpose electric lamps and lighting fittings declined to $164M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of $177M, and then reduced in the following year.
Import of Special-Purpose Electric Lamp and Lighting Fitting in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 92.8 | 107 | 124 | 113 | 6.8% |
Japan | 14.6 | 13.2 | 19.1 | 17.4 | 6.0% |
South Korea | 9.8 | 7.6 | 8.9 | 8.1 | -6.2% |
Italy | 6.2 | 3.4 | 6.1 | 5.5 | -3.9% |
Thailand | 1.9 | 3.9 | 3.3 | 3.0 | 16.4% |
United States | 2.4 | 1.6 | 3.0 | 2.7 | 4.0% |
Malaysia | 3.3 | 3.2 | 1.8 | 2.5 | -8.8% |
Taiwan (Chinese) | 3.5 | 1.5 | 2.6 | 2.4 | -11.8% |
Others | 11.7 | 10.1 | 8.5 | 10.1 | -4.8% |
Total | 146 | 152 | 177 | 164 | 4.0% |
Top Suppliers of Special-Purpose Electric Lamp and Lighting Fitting to Vietnam in 2022:
- China (3909.6K units)
- Japan (604.0K units)
- South Korea (290.1K units)
- Italy (192.6K units)
- Thailand (105.7K units)
- United States (94.2K units)
- Malaysia (92.5K units)
- Taiwan (Chinese) (85.1K units)
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting in Vietnam. 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 27403930 - Electric lamps and lighting fittings, of plastic and other materials, of a kind used for filament lamps and tubular fluorescent lamps
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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