Lamps; Arc-Lamps Price in Saudi Arabia - 2021
Contents:
Lamps; Arc-Lamps Price in Saudi Arabia (FOB) - 2022
In 2022, the average lamps; arc-lamps export price amounted to $232 per unit, falling by -2.2% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 16% against the previous year. The export price peaked at $726 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +5.6% per year.
Lamps; Arc-Lamps Exports in Saudi Arabia
In 2022, overseas shipments of lamps; arc-lampses decreased by -0.8% to 937 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,320% against the previous year. The exports peaked at 945 units in 2021, and then contracted modestly in the following year.
In value terms, lamps; arc-lamps exports fell slightly to $218K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,543%. Over the period under review, the exports hit record highs at $224K in 2021, and then shrank slightly in the following year.
| Export of Lamps; Arc-Lamps in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 9.6 | 14.8 | 5.0 | 218 | 183.2% |
| China | N/A | 65.0 | 44.0 | N/A | -32.3% |
| United Arab Emirates | N/A | 78.4 | 109 | N/A | 39.0% |
| Yemen | N/A | 27.7 | 21.2 | N/A | -23.5% |
| Bahrain | 3.2 | 25.1 | N/A | N/A | 684.4% |
| Others | N/A | N/A | 45.0 | N/A | 0% |
| Total | 12.8 | 211 | 224 | 218 | 157.3% |
Top Export Markets for Lamps; Arc-Lamps from Saudi Arabia in 2022:
- Sudan (937.0 units)
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