Philippines - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTungsten Halogen Lamp Price in the Philippines - 2023
Contents:
- Tungsten Halogen Lamp Price in the Philippines (CIF) - 2022
- Tungsten Halogen Lamp Price in the Philippines (FOB) - 2022
- Tungsten Halogen Lamp Imports in the Philippines
- Tungsten Halogen Lamp Exports in the Philippines
Tungsten Halogen Lamp Price in the Philippines (CIF) - 2022
The average tungsten halogen lamp import price stood at $5.6 per unit in 2022, with an increase of 7.4% against the previous year. In general, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 205% against the previous year. Over the period under review, average import prices reached the peak figure at $7.2 per unit in 2017; however, from 2018 to 2022, 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 Malaysia ($6.9 per unit), while the price for Taiwan (Chinese) ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten Halogen Lamp Price in the Philippines (FOB) - 2022
In 2022, the average tungsten halogen lamp export price amounted to $206 per unit, growing by 19% against the previous year. In general, the export price posted a significant increase. The pace of growth was the most pronounced in 2013 an increase of 241% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($305 per unit), while the average price for exports to the United States ($158 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 Vietnam (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten Halogen Lamp Imports in the Philippines
In 2022, tungsten halogen lamp imports into the Philippines reduced to 1.8M units, which is down by -13.6% against the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of 2.1M units, and then reduced in the following year.
In value terms, tungsten halogen lamp imports fell to $10M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $11M, and then fell in the following year.
| Import of Tungsten Halogen Lamp in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.7 | 2.3 | 7.0 | 9.2 | 75.6% |
| China | 1.4 | 1.0 | 1.0 | 0.5 | -29.1% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Malaysia | 3.2 | N/A | 2.3 | 0.1 | -68.5% |
| Hong Kong SAR | 0.8 | 2.9 | N/A | N/A | 262.5% |
| Others | 0.6 | 0.7 | 0.7 | 0.5 | -5.9% |
| Total | 7.8 | 7.0 | 11.2 | 10.4 | 10.1% |
Top Suppliers of Tungsten Halogen Lamp to the Philippines in 2022:
- Japan (1481.4K units)
- China (211.7K units)
- Taiwan (Chinese) (44.0K units)
- Malaysia (10.3K units)
- Hong Kong SAR (7.4K units)
Tungsten Halogen Lamp Exports in the Philippines
In 2022, approx. 16K units of tungsten halogen lamps were exported from the Philippines; growing by 34% against the previous year. Overall, exports, however, showed a abrupt curtailment. Over the period under review, the exports attained the peak figure at 27K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, tungsten halogen lamp exports skyrocketed to $3.2M in 2022. In general, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten Halogen Lamp in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 798 | 716 | 789 | 1,378 | 20.0% |
| United States | 1,047 | 642 | 880 | 1,341 | 8.6% |
| Germany | 146 | 43.2 | 152 | 346 | 33.3% |
| Singapore | 30.8 | 5.6 | 8.9 | 83.7 | 39.5% |
| Hong Kong SAR | 82.1 | 44.2 | 104 | 33.8 | -25.6% |
| Netherlands | 63.7 | 35.1 | 46.9 | N/A | -14.2% |
| Others | 76.7 | 17.2 | 27.5 | 14.4 | -42.7% |
| Total | 2,244 | 1,503 | 2,009 | 3,197 | 12.5% |
Top Export Markets for Tungsten Halogen Lamp from the Philippines in 2022:
- United States (8.5K units)
- Japan (4.5K units)
- Germany (1.9K units)
- Singapore (0.3K units)
- Hong Kong SAR (0.1K units)
This report provides an in-depth analysis of the tungsten halogen lamp market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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