Lamps; Arc-Lamps Price in the Philippines - 2023
Contents:
Lamps; Arc-Lamps Price in the Philippines (CIF) - 2022
The average lamps; arc-lamps import price stood at $75 per unit in 2022, flattening at the previous year. In general, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 186% against the previous year. The import price peaked at $76 per unit in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($278 per unit), while the price for France ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+196.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lamps; Arc-Lamps Imports in the Philippines
In 2022, the amount of lamps; arc-lampses imported into the Philippines skyrocketed to 13K units, growing by 35% compared with 2021. Over the period under review, imports, however, continue to indicate a sharp slump. Over the period under review, imports hit record highs at 26K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, lamps; arc-lamps imports surged to $953K in 2022. In general, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Lamps; Arc-Lamps in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.4 | 195 | 277 | 389 | 116.4% |
Singapore | 35.6 | 63.4 | 114 | 187 | 73.8% |
Japan | 539 | 72.4 | 70.3 | 128 | -38.1% |
Hong Kong SAR | 54.3 | 32.3 | 91.4 | 101 | 23.0% |
China | 188 | 85.0 | 18.6 | 46.7 | -37.1% |
Germany | 294 | 12.4 | 64.6 | 39.6 | -48.7% |
France | 1.4 | N/A | 30.0 | 28.5 | 173.0% |
Others | 16.3 | 45.4 | 50.2 | 33.4 | 27.0% |
Total | 1,167 | 506 | 715 | 953 | -6.5% |
Top Suppliers of Lamps; Arc-Lamps to the Philippines in 2022:
- Singapore (3.7K units)
- Japan (2.5K units)
- United States (2.3K units)
- China (1.9K units)
- France (1.2K units)
- Germany (0.4K units)
- Hong Kong SAR (0.4K units)
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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 ...
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