South-Eastern Asia: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in South-Eastern Asia

The Southeast Asian non-electrical lamp market declined to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Non-Electrical Lamp Production in South-Eastern Asia

In value terms, non-electrical lamp production totaled $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Non-Electrical Lamp Exports

Exports in South-Eastern Asia

In 2022, non-electrical lamp exports in South-Eastern Asia shrank to X units, dropping by X% compared with the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electrical lamp exports contracted significantly to $X in 2022. Overall, exports saw a mild setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Thailand (X units) represented the largest exporter of non-electrical lamps and lighting fittings, constituting X% of total exports. It was distantly followed by Vietnam (X units), the Philippines (X units) and Malaysia (X units), together achieving a X% share of total exports. Singapore (X units) and Indonesia (X units) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the non-electrical lamps and lighting fittings exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Vietnam (X%), Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia, Vietnam and Singapore saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-electrical lamp supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and the Philippines ($X), with a combined X% share of total exports.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of non-electrical lamps and lighting fittings increased by X% to X units, rising for the fifth year in a row after four years of decline. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-electrical lamp imports reached $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Thailand was the main importing country with an import of around X units, which reached X% of total imports. Malaysia (X units) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%). Myanmar (X units), Vietnam (X units), Singapore (X units) and the Philippines (X units) took a minor share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Vietnam (X%), Malaysia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total imports, while the Philippines, Indonesia and Singapore saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Indonesia, Malaysia, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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