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

Contents:

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

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

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.2 per unit, growing by 10% against the previous year. In general, the import price, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the peak figure at $1.7 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1.2 per unit) and Indonesia ($1.2 per unit), while the price for Canada ($1.2 per unit) and Thailand ($1.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1 per unit, dropping by -11.4% against the previous year. In general, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 22%. Over the period under review, the average export prices attained the maximum at $1.6 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1 per unit), while the average price for exports to Singapore ($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 Brazil (+0.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes imported into Vietnam dropped notably to 1.1M units, which is down by -29.9% against 2021. Overall, imports showed a precipitous curtailment. The smallest decline of -15.6% was in 2021. Over the period under review, imports of hit record highs at 2.7M 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 reduced markedly to $1.3M in 2022. In general, imports faced a dramatic descent. The smallest decline of -22.5% was in 2021. Over the period under review, imports of attained the maximum at $2.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (609.6K units)
2. South Korea (247.6K units)
3. Japan (51.5K units)
4. India (51.5K units)
5. United States (32.6K units)
6. Canada (21.1K units)
7. Germany (19.8K units)

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

In 2022, shipments abroad of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes was finally on the rise to reach 130K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous shrinkage. Over the period under review, the exports of attained the peak figure at 2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes surged to $133K in 2022. In general, exports, however, continue to indicate a significant decline. The exports peaked at $1.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (80.6K units)
2. Singapore (38.3K units)
3. Nigeria (10.9K units)

Source: IndexBox Market Intelligence Platform