Lamps; Arc-Lamps Price in Singapore - 2022
Contents:
- Lamps; Arc-Lamps Price in Singapore (CIF) - 2022
- Lamps; Arc-Lamps Price in Singapore (FOB) - 2022
- Lamps; Arc-Lamps Imports in Singapore
- Lamps; Arc-Lamps Exports in Singapore
Lamps; Arc-Lamps Price in Singapore (CIF) - 2022
In September 2022, the average lamps; arc-lamps import price amounted to $34.2 per unit, picking up by 192% against the previous month. Over the period under review, the import price showed a significant expansion. Over the period under review, average import prices attained the peak figure at $36.5 per unit in May 2022; however, from June 2022 to September 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From September 2021 to September 2022, the rate of growth in terms of prices for Indonesia amounted to +17.6% per month.
Lamps; Arc-Lamps Price in Singapore (FOB) - 2022
In 2022, the average lamps; arc-lamps export price amounted to $47 per unit, shrinking by -11.4% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamps; arc-lamps export price increased by +36.7% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 68% against the previous year. As a result, the export price reached the peak level of $60 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
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 UK ($201 per unit), while the average price for exports to Malaysia ($8.5 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 Norway (+43.8%), while the prices for the other major destinations experienced more modest paces of growth.
Lamps; Arc-Lamps Imports in Singapore
In 2022, after three years of growth, there was decline in overseas purchases of lamps; arc-lampses, when their volume decreased by -2.9% to 316K units. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55%. Imports peaked at 325K units in 2021, and then fell slightly in the following year.
In value terms, lamps; arc-lamps imports contracted to $39M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. Over the period under review, imports attained the peak figure at $44M in 2021, and then dropped in the following year.
| Import of Lamps; Arc-Lamps in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 15.9 | 28.3 | 35.5 | 28.9 | 22.0% |
| Germany | 4.5 | 3.3 | 3.4 | 4.1 | -3.1% |
| United States | 1.4 | 2.7 | 2.5 | 2.6 | 22.9% |
| United Kingdom | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
| China | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Andorra | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Others | 2.7 | 2.2 | 2.4 | 2.6 | -1.3% |
| Total | 25.4 | 37.5 | 44.4 | 39.0 | 15.4% |
Top Suppliers of Lamps; Arc-Lamps to Singapore in 2022:
- Indonesia (194.5K units)
- Germany (97.2K units)
- United Kingdom (6.5K units)
- China (4.9K units)
- United States (4.5K units)
Lamps; Arc-Lamps Exports in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of lamps; arc-lampses, which increased by 8% to 558K units in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, lamps; arc-lamps exports reduced slightly to $26M in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year. As a result, the exports attained the peak of $27M, and then declined modestly in the following year.
| Export of Lamps; Arc-Lamps in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 7.6 | 11.6 | 14.6 | 104.8% |
| Japan | 0.8 | 1.0 | 2.5 | 4.2 | 73.8% |
| Malaysia | 1.2 | 1.0 | 1.1 | 1.3 | 2.7% |
| Australia | 1.0 | 0.6 | 0.8 | 1.1 | 3.2% |
| China | 1.1 | 0.2 | 1.0 | 0.4 | -28.6% |
| Philippines | 0.6 | 0.1 | N/A | 0.3 | -20.6% |
| Indonesia | 0.7 | 1.6 | 0.1 | 0.3 | -24.6% |
| Germany | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Others | 1.4 | 1.3 | 9.9 | 3.8 | 39.5% |
| Total | 9.0 | 13.7 | 27.4 | 26.2 | 42.8% |
Top Export Markets for Lamps; Arc-Lamps from Singapore in 2022:
- United States (249.3K units)
- Malaysia (153.1K units)
- Japan (75.6K units)
- Indonesia (17.8K units)
- Australia (10.3K units)
- Philippines (10.0K units)
- China (10.0K units)
- Germany (8.8K units)
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