Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines - 2023
Contents:
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines (CIF) - 2022
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines (FOB) - 2023
- Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines
- Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines (CIF) - 2022
The average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $55 per unit in 2022, with an increase of 32% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($104 per unit), while the price for Taiwan (Chinese) ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.1%), 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 the Philippines (FOB) - 2023
The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $250 per unit in September 2023, with an increase of 6.7% against the previous month. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in August 2023 an increase of 156% month-to-month. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($532 per unit), while the average price for exports to Japan ($97.9 per unit) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines
In 2022, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s into the Philippines declined remarkably to 118K units, waning by -21.9% compared with the year before. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%. Over the period under review, imports of hit record highs at 231K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s totaled $6.5M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 7.8%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,775 | 1,843 | 3,112 | 2,877 | 1.2% |
| China | 1,385 | 1,596 | 952 | 1,014 | -9.9% |
| Hong Kong SAR | 457 | 1,101 | 654 | 864 | 23.7% |
| Germany | 78.0 | 164 | 148 | 446 | 78.8% |
| United States | 317 | 273 | 430 | 329 | 1.2% |
| Singapore | 241 | 201 | 153 | 306 | 8.3% |
| Taiwan (Chinese) | 188 | 53.8 | 345 | 112 | -15.9% |
| Others | 446 | 600 | 495 | 553 | 7.4% |
| Total | 5,886 | 5,833 | 6,289 | 6,499 | 3.4% |
Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to the Philippines in 2022:
- Japan (27.8K units)
- China (22.9K units)
- Taiwan (Chinese) (10.7K units)
- Germany (10.4K units)
- Hong Kong SAR (10.3K units)
- United States (8.4K units)
- Singapore (5.9K units)
Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines
In 2022, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s from the Philippines surged to 261K units, increasing by 57% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s surged to $6.3M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +58.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,606 | 1,356 | 1,680 | 1,604 | -0.0% |
| China | 1,900 | 1,224 | 1,398 | 1,406 | -9.5% |
| Singapore | 136 | 52.6 | 56.2 | 816 | 81.7% |
| United States | 19.5 | 102 | 136 | 746 | 237.0% |
| Taiwan (Chinese) | 323 | 253 | 361 | 562 | 20.3% |
| Germany | N/A | 485 | 280 | 545 | 6.0% |
| South Korea | 206 | 233 | 317 | 374 | 22.0% |
| Netherlands | 135 | 98.5 | 195 | N/A | 20.2% |
| Others | 132 | 156 | 169 | 228 | 20.0% |
| Total | 4,458 | 3,959 | 4,592 | 6,280 | 12.1% |
Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from the Philippines in 2022:
- Germany (58.2K units)
- United States (53.3K units)
- Japan (50.0K units)
- Taiwan (Chinese) (44.6K units)
- Singapore (19.0K units)
- China (14.9K units)
- South Korea (9.4K units)
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