Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka - 2022

Contents:

  1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (CIF) - 2022
  2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (FOB) - 2022
  3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka
  4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (CIF) - 2022

In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $7.4 per unit, falling by -21.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 49%. As a result, import price attained the peak level of $15 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 Germany ($88 per unit), while the price for India ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (FOB) - 2022

The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $4.7 per unit in 2022, surging by 1.9% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 62%. As a result, the export price attained the peak level of $19 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +16.3% per year.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka

In 2022, approx. 57K units of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s were imported into Sri Lanka; growing by 131% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s skyrocketed to $422K in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports attained the peak of $489K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42.089.741.793.530.6%
India12.153.220.464.274.4%
United Kingdom12.740.837.763.871.3%
China27.394.746.425.3-2.5%
Singapore2.727.02.320.797.2%
United Arab Emirates6.520.76.311.119.5%
Malaysia24.81.01.14.4-43.8%
Hong Kong SAR5.43.75.71.2-39.4%
Others11915871.91374.8%
Total25348923442218.6%

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Sri Lanka in 2022:

  1. India (40.3K units)
  2. United Kingdom (6.1K units)
  3. United Arab Emirates (3.1K units)
  4. China (1.5K units)
  5. Germany (1.1K units)
  6. Singapore (1.0K units)
  7. Malaysia (1.0K units)
  8. Hong Kong SAR (0.3K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka

In 2022, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s from Sri Lanka surged to 2.3K units, jumping by 177% against the year before. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 3,641% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s skyrocketed to $11K in 2022. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 2,699%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives3.7N/A1.010.340.7%
Japan1.70.10.9N/A-27.2%
Kenya1.2N/A1.3N/A4.1%
PhilippinesN/AN/AN/AN/A0%
Oman0.3N/A0.2N/A-18.4%
Others1.4N/A0.30.4-34.1%
Total8.30.13.810.89.2%

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Sri Lanka in 2022:

  1. Maldives (2.3K units)

Source: IndexBox Market Intelligence Platform

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