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Philippines - Electric Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Lamp Price in the Philippines - 2023
Contents:
- Electric Lamp Price in the Philippines (CIF) - 2022
- Electric Lamp Price in the Philippines (FOB) - 2022
- Electric Lamp Imports in the Philippines
- Electric Lamp Exports in the Philippines
Electric Lamp Price in the Philippines (CIF) - 2022
In 2022, the average electric lamp import price amounted to $0.7 per unit, with a decrease of -6.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 257% against the previous year. As a result, import price reached the peak level of $1.4 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5.5 per unit), while the price for China ($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 Hong Kong SAR (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Electric Lamp Price in the Philippines (FOB) - 2022
The average electric lamp export price stood at $3.8 per unit in 2022, jumping by 33% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 206%. As a result, the export price attained the peak level of $7.5 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($98 per unit), while the average price for exports to Taiwan (Chinese) ($1.5 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 Chile (+92.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Lamp Imports in the Philippines
In 2022, approx. 102M units of electric lamps were imported into the Philippines; shrinking by -12.7% on 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 117M units, and then declined in the following year.
In value terms, electric lamp imports dropped notably to $73M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $90M, and then dropped notably in the following year.
Import of Electric Lamp in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 40.6 | 38.3 | 34.3 | 34.0 | -5.7% |
Japan | 21.2 | 28.6 | 40.6 | 25.1 | 5.8% |
Hong Kong SAR | 1.7 | 8.3 | 7.5 | 7.1 | 61.0% |
Others | 8.6 | 4.6 | 7.4 | 7.3 | -5.3% |
Total | 72.1 | 79.8 | 89.7 | 73.5 | 0.6% |
Top Suppliers of Electric Lamp to the Philippines in 2022:
- China (93.1M units)
- Japan (4.6M units)
- Hong Kong SAR (2.0M units)
Electric Lamp Exports in the Philippines
In 2022, overseas shipments of electric lamps were finally on the rise to reach 19M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt curtailment. Over the period under review, the exports hit record highs at 30M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric lamp exports surged to $72M in 2022. Over the period under review, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. Over the period under review, the exports hit record highs at $78M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electric Lamp in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.3 | 9.8 | 13.3 | 25.0 | 7.2% |
China | 21.8 | 8.4 | 20.0 | 16.7 | -8.5% |
Germany | 1.6 | 1.3 | 2.3 | 7.1 | 64.3% |
Netherlands | 16.2 | 6.2 | 3.5 | 6.6 | -25.9% |
Japan | 2.9 | 2.4 | 5.3 | 5.9 | 26.7% |
South Korea | 4.0 | 2.8 | 2.3 | 3.1 | -8.1% |
Taiwan (Chinese) | 0.5 | 0.8 | 1.4 | 2.0 | 58.7% |
Others | 10.6 | 1.6 | 2.1 | 5.2 | -21.1% |
Total | 77.9 | 33.3 | 50.3 | 71.6 | -2.8% |
Top Export Markets for Electric Lamp from the Philippines in 2022:
- United States (10.9M units)
- China (2.9M units)
- Taiwan (Chinese) (1.3M units)
- Germany (1.1M units)
- Netherlands (0.9M units)
- Japan (0.8M units)
- South Korea (0.5M units)
This report provides an in-depth analysis of the electric lamp market in the Philippines. 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 27401100 - Sealed beam lamp units
- Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
- Prodcom 27401300 - Filament lamps of a power . .200 W and for a voltage > .100 V including reflector lamps (excluding ultraviolet, infrared lamps, t ungsten halogen filament lamps and sealed beam lamp units)
- Prodcom 27401460 - Filament lamps for motorcycles or other motor vehicles excluding sealed beam lamp units, tungsten halogen lamps
- Prodcom 27401490 - Filament lamps n.e.c.
- Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
- Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
- Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
- Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps
- Prodcom 27403090 -
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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
This report provides an in-depth analysis of the electric lamp market in the Philippines.
This report provides an in-depth analysis of the market for ultraviolet, infrared, or arc lamp in the Philippines.
This report provides an in-depth analysis of the tungsten halogen lamp market in the Philippines.
This report provides an in-depth analysis of the sealed beam market in the Philippines.
This report provides an in-depth analysis of the market for electric filament lamp parts in the Philippines.
This report provides an in-depth analysis of the fluorescent discharge lamps market in the Philippines.
This report provides an in-depth analysis of the electric filament lamp market in the Philippines.
This report provides an in-depth analysis of the global electric lamp market.
This report provides an in-depth analysis of the global market for ultraviolet, infrared, or arc lamp.
This report provides an in-depth analysis of the global tungsten halogen lamp market.
Discover the leading import markets for electric lamps, including key statistics and insights on countries driving the global demand for lighting products.
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
Discover the leading import markets for electric lamps, including key statistics and insights on countries driving the global demand for lighting products.
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y