Lamp Holder Price in Vietnam - 2022
Contents:
- Lamp Holder Price in Vietnam (CIF) - 2022
- Lamp Holder Price in Vietnam (FOB) - 2022
- Lamp Holder Imports in Vietnam
- Lamp Holder Exports in Vietnam
Lamp Holder Price in Vietnam (CIF) - 2022
The average lamp holder import price stood at $0.8 per unit in 2022, increasing by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.9 per unit), while the price for Japan ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Lamp Holder Price in Vietnam (FOB) - 2022
The average lamp holder export price stood at $1.2 per unit in 2022, with a decrease of -21.5% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 25%. Over the period under review, the average export prices hit record highs at $1.6 per unit in 2021, and then declined notably in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($1.2 per unit) and New Zealand ($1.2 per unit), while the average price for exports to Australia ($1.2 per unit) and Myanmar ($1.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Lamp Holder Imports in Vietnam
In 2022, overseas purchases of lamp holders for under 1000 v decreased by -7.5% to 27M units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 31M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lamp holder imports skyrocketed to $23M in 2022. The total import value increased at an average annual rate of +13.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Lamp Holder in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.4 | 14.6 | 13.9 | 16.5 | 20.6% |
| South Korea | 5.4 | 4.1 | 4.8 | 5.3 | -0.6% |
| Poland | N/A | 0.1 | 0.5 | 0.6 | 144.9% |
| Japan | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 15.5 | 19.4 | 19.8 | 22.8 | 13.7% |
Top Suppliers of Lamp Holder to Vietnam in 2022:
- China (18.9M units)
- South Korea (6.8M units)
- Poland (0.7M units)
- Japan (0.3M units)
Lamp Holder Exports in Vietnam
In 2022, approx. 2.1M units of lamp holders for under 1000 v were exported from Vietnam; falling by -53.4% on the previous year. Overall, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 4.4M units, and then declined dramatically in the following year.
In value terms, lamp holder exports reduced remarkably to $2.6M in 2022. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports attained the peak of $7M, and then reduced sharply in the following year.
| Export of Lamp Holder in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 992 | 1,389 | 2,354 | 538 | -18.5% |
| United Kingdom | 282 | 442 | 548 | 450 | 16.9% |
| Japan | 1,256 | 915 | 1,093 | 431 | -30.0% |
| Australia | 896 | 767 | 753 | 285 | -31.7% |
| Thailand | 550 | 354 | 434 | 159 | -33.9% |
| Mexico | N/A | N/A | 396 | 118 | -70.2% |
| Belgium | 191 | 250 | 243 | 84.3 | -23.9% |
| Taiwan (Chinese) | 104 | 93.9 | 86.5 | 80.4 | -8.2% |
| Myanmar | 205 | 117 | 107 | 68.1 | -30.7% |
| Indonesia | 116 | 81.3 | 129 | 65.5 | -17.3% |
| New Zealand | 252 | 216 | 224 | 57.6 | -38.9% |
| South Korea | 99.8 | 95.3 | 74.3 | 56.6 | -17.2% |
| India | 55.3 | 22.3 | 57.5 | 40.5 | -9.9% |
| Others | 718 | 529 | 516 | 129 | -43.6% |
| Total | 5,719 | 5,272 | 7,016 | 2,564 | -23.5% |
Top Export Markets for Lamp Holder from Vietnam in 2022:
- United States (437.0K units)
- United Kingdom (365.6K units)
- Japan (349.8K units)
- Australia (231.4K units)
- Thailand (129.4K units)
- Mexico (95.8K units)
- Belgium (68.5K units)
- Taiwan (Chinese) (65.3K units)
- Myanmar (55.3K units)
- Indonesia (53.1K units)
- New Zealand (46.7K units)
- South Korea (45.9K units)
- India (32.9K units)
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