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Malaysia - Non-Electrical Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electrical Lamp Price in Malaysia - 2021
Contents:
- Non-Electrical Lamp Price in Malaysia (CIF) - 2021
- Non-Electrical Lamp Price in Malaysia (FOB) - 2022
- Non-Electrical Lamp Imports in Malaysia
- Non-Electrical Lamp Exports in Malaysia
Non-Electrical Lamp Price in Malaysia (CIF) - 2021
In December 2021, the average non-electrical lamp import price amounted to $1.5 per unit, with an increase of 22% against the previous month. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 77% month-to-month. The import price peaked at $1.6 per unit in September 2021; however, from October 2021 to December 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was China ($1.5 per unit), while the price for India stood at $1.4 per unit.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+6.3%).
Non-Electrical Lamp Price in Malaysia (FOB) - 2022
In 2022, the average non-electrical lamp export price amounted to $13 per unit, increasing by 15% against the previous year. Overall, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 111%. The export price peaked at $17 per unit in 2020; however, from 2021 to 2022, the 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 Tanzania ($39 per unit), while the average price for exports to Bahrain ($0.2 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 Tanzania (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electrical Lamp Imports in Malaysia
In 2022, after three years of growth, there was significant decline in purchases abroad of non-electrical lamps and lighting fittings, when their volume decreased by -29.3% to 3.7M units. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 143%. Imports peaked at 5.2M units in 2021, and then fell notably in the following year.
In value terms, non-electrical lamp imports reduced to $4.2M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.3% 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 +87.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 67% against the previous year. Imports peaked at $4.6M in 2021, and then declined in the following year.
Import of Non-Electrical Lamp in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.3 | 2.6 | 3.0 | 4.0 | 45.4% |
India | 0.5 | 0.7 | 1.2 | 0.1 | -41.5% |
Others | 0.4 | 0.4 | 0.4 | N/A | 0.0% |
Total | 2.2 | 3.7 | 4.6 | 4.2 | 24.1% |
Top Suppliers of Non-Electrical Lamp to Malaysia in 2022:
- China (3.5M units)
- India (0.1M units)
Non-Electrical Lamp Exports in Malaysia
After two years of decline, overseas shipments of non-electrical lamps and lighting fittings increased by 9.7% to 271K units in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports reached the peak figure at 478K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-electrical lamp exports skyrocketed to $3.5M in 2022. Overall, exports, however, showed a deep reduction. Over the period under review, the exports reached the maximum at $4.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Electrical Lamp in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 1,713 | 3,298 | 1,893 | 2,387 | 11.7% |
Tanzania | 142 | 154 | 158 | 191 | 10.4% |
United States | 75.5 | 18.7 | 132 | 134 | 21.1% |
United Kingdom | 153 | 22.5 | 39.1 | 73.0 | -21.9% |
Singapore | 92.4 | 25.5 | 59.7 | 65.9 | -10.7% |
Canada | 27.0 | 48.6 | 51.4 | 58.3 | 29.3% |
Saudi Arabia | 67.6 | 47.2 | 22.1 | 46.8 | -11.5% |
Australia | 36.3 | 5.8 | 17.9 | 32.4 | -3.7% |
Cambodia | 0.8 | 16.1 | 29.2 | 32.2 | 242.7% |
United Arab Emirates | 27.0 | 10.7 | 27.8 | 30.7 | 4.4% |
Poland | 8.9 | 8.0 | 6.9 | 7.0 | -7.7% |
Pakistan | 2.1 | 2.1 | 2.0 | 2.3 | 3.1% |
Bahrain | 1.0 | 1.1 | 1.1 | 1.4 | 11.9% |
Others | 2,049 | 567 | 334 | 438 | -40.2% |
Total | 4,394 | 4,225 | 2,773 | 3,499 | -7.3% |
Top Export Markets for Non-Electrical Lamp from Malaysia in 2022:
- Kenya (73.1K units)
- United Kingdom (42.4K units)
- United Arab Emirates (29.9K units)
- United States (14.1K units)
- Singapore (12.9K units)
- Poland (9.9K units)
- Australia (9.3K units)
- Pakistan (8.6K units)
- Cambodia (7.3K units)
- Bahrain (6.9K units)
- Saudi Arabia (6.6K units)
- Tanzania (4.9K units)
- Canada (4.3K units)
This report provides an in-depth analysis of the non-electrical lamp market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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
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