Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines - 2023
Contents:
- Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines (CIF) - 2022
- Imports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines
Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines (CIF) - 2022
In 2022, the average import price for photographic flashlight apparatus; discharge lamp ("electronic")s amounted to $22 per unit, reducing by -17.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 155% against the previous year. Over the period under review, average import prices hit record highs at $36 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Hong Kong SAR ($105 per unit), while the price for China ($9.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+187.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines
In 2022, imports of photographic flashlight apparatus; discharge lamp ("electronic")s into the Philippines was estimated at 5K units, remaining constant against 2021 figures. Overall, imports, however, faced a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked at 17K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of photographic flashlight apparatus; discharge lamp ("electronic")s declined significantly to $110K in 2022. In general, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 235% against the previous year. Imports peaked at $163K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 38.9 | N/A | 26.8 | 34.2 | -4.2% |
| China | 52.5 | 15.0 | 30.1 | 31.2 | -15.9% |
| Japan | 25.3 | 15.8 | 18.7 | 29.2 | 4.9% |
| Thailand | N/A | 0.1 | 0.8 | 13.5 | 1061.9% |
| Singapore | 43.6 | 3.9 | 1.6 | 0.5 | -77.4% |
| Myanmar | N/A | 2.3 | 53.3 | N/A | 2217.4% |
| Taiwan (Chinese) | N/A | 2.4 | N/A | N/A | 0% |
| Others | 3.1 | 0.1 | 1.8 | 1.5 | -21.5% |
| Total | 163 | 39.7 | 133 | 110 | -12.3% |
Top Suppliers of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") to the Philippines in 2022:
- China (3268.0 units)
- Japan (1183.0 units)
- South Korea (351.0 units)
- Thailand (164.0 units)
- Singapore (19.0 units)
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