China - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in China - 2023
Contents:
- Non-Electrical Lamp Price in China (FOB) - 2022
- Non-Electrical Lamp Price in China (CIF) - 2022
- Non-Electrical Lamp Exports in China
- Non-Electrical Lamp Imports in China
Non-Electrical Lamp Price in China (FOB) - 2022
In 2022, the average non-electrical lamp export price amounted to $2.8 per unit, with an increase of 12% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electrical lamp export price increased by +81.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($9.7 per unit), while the average price for exports to Sweden ($1.7 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 Malaysia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electrical Lamp Price in China (CIF) - 2022
In 2022, the average non-electrical lamp import price amounted to $12 per unit, picking up by 55% against the previous year. In general, the import price saw prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($42 per unit), while the price for Vietnam ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electrical Lamp Exports in China
In 2022, non-electrical lamp exports from China rose modestly to 350M units, increasing by 2% against 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, non-electrical lamp exports stood at $964M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Export of Non-Electrical Lamp in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 223 | 178 | 287 | 283 | 8.3% |
Germany | 74.1 | 62.5 | 81.5 | 81.6 | 3.3% |
Netherlands | 57.7 | 39.8 | 58.5 | 67.7 | 5.5% |
Malaysia | 8.5 | 15.2 | 64.3 | 53.1 | 84.2% |
United Kingdom | 44.7 | 32.5 | 54.2 | 42.7 | -1.5% |
Australia | 10.1 | 9.0 | 15.0 | 35.2 | 51.6% |
Philippines | 2.6 | 3.1 | 3.2 | 27.8 | 120.3% |
Denmark | 9.7 | 9.7 | 13.8 | 19.8 | 26.9% |
Vietnam | 7.4 | 9.1 | 12.6 | 17.8 | 34.0% |
Poland | 18.9 | 12.8 | 20.0 | 17.6 | -2.3% |
Italy | 13.8 | 7.1 | 9.7 | 13.3 | -1.2% |
France | 11.7 | 8.4 | 11.8 | 11.9 | 0.6% |
Sweden | 10.5 | 8.9 | 12.2 | 11.4 | 2.8% |
Others | 189 | 144 | 202 | 281 | 14.1% |
Total | 682 | 540 | 845 | 964 | 12.2% |
Top Export Markets for Non-Electrical Lamp from China in 2022:
- United States (108.3M units)
- Germany (39.6M units)
- Netherlands (33.5M units)
- United Kingdom (15.4M units)
- Poland (10.0M units)
- Philippines (9.0M units)
- Vietnam (8.7M units)
- Australia (7.7M units)
- France (6.8M units)
- Sweden (6.8M units)
- Italy (6.7M units)
- Denmark (6.5M units)
- Malaysia (5.5M units)
Non-Electrical Lamp Imports in China
After three years of growth, overseas purchases of non-electrical lamps and lighting fittings decreased by -18.3% to 447K units in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of 548K units, and then reduced notably in the following year.
In value terms, non-electrical lamp imports soared to $5.3M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Non-Electrical Lamp in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 222 | 553 | 1,655 | 1,718 | 97.8% |
India | 566 | 275 | 299 | 589 | 1.3% |
Germany | 193 | 108 | 79.9 | 237 | 7.1% |
United States | 66.1 | 43.3 | 176 | 127 | 24.3% |
Vietnam | 63.0 | 26.4 | 31.9 | 81.1 | 8.8% |
Turkey | 19.5 | 34.7 | 64.3 | 44.1 | 31.3% |
Nepal | 16.7 | 40.2 | 85.7 | 27.5 | 18.1% |
United Arab Emirates | 48.3 | N/A | N/A | 1.7 | -67.2% |
Others | 1,176 | 1,510 | 1,762 | 2,441 | 27.6% |
Total | 2,370 | 2,591 | 4,154 | 5,266 | 30.5% |
Top Suppliers of Non-Electrical Lamp to China in 2022:
- India (132.3K units)
- Vietnam (60.4K units)
- France (60.2K units)
- Germany (26.2K units)
- United States (22.9K units)
- Turkey (22.0K units)
- Nepal (12.0K units)
- United Arab Emirates (0.9K units)
This report provides an in-depth analysis of the non-electrical lamp market in China. 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 27402300 - Non-electrical lamps and lighting fittings
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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
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