Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore - 2022

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore (CIF) - 2022

The average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes stood at $1.1 per unit in September 2022, increasing by 13% against the previous month. Overall, the import price posted measured growth. The pace of growth was the most pronounced in November 2021 when the average import price increased by 113% against the previous month. The import price peaked at $2.1 per unit in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1.6 per unit), while the price for China totaled $1.1 per unit.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.9%).

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore (FOB) - 2022

In 2022, the average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $2.8 per unit, dropping by -40.6% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 an increase of 192%. Over the period under review, the average export prices hit record highs at $4.7 per unit in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($11 per unit), while the average price for exports to the Philippines ($1 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 Qatar (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore

For the third year in a row, Singapore recorded decline in purchases abroad of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes, which decreased by -33.4% to 4.4M units in 2022. Overall, imports saw a abrupt descent. The smallest decline of -2.6% was in 2021. Over the period under review, imports of reached the peak figure at 7.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes declined rapidly to $3.9M in 2022. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of $4.9M, and then fell notably in the following year.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to Singapore in 2022:

1. China (4.0M units)
2. Poland (0.4M units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in Singapore

In 2022, approx. 98K units of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes were exported from Singapore; increasing by 44% against the previous year's figure. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes declined to $274K in 2022. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of $321K, and then fell in the following year.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from Singapore in 2022:

1. Hong Kong SAR (47.8K units)
2. Philippines (11.2K units)
3. Malaysia (6.5K units)
4. Thailand (4.6K units)
5. United States (3.9K units)
6. Netherlands (3.2K units)
7. Australia (3.0K units)
8. Taiwan (Chinese) (2.8K units)
9. Qatar (2.6K units)
10. Japan (1.6K units)
11. Vietnam (1.6K units)
12. Poland (1.5K units)

Source: IndexBox Market Intelligence Platform