World - Portable Electric Lamps - Market Analysis, Forecast, Size, Trends And Insights
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The global market for portable electric lamps is projected to experience growth in both volume and value terms from 2022 to 2030. Various consumption trends, production volumes, import and export values, and average prices are analyzed for different countries. The United States, China, India, and Nigeria are among the top consumers and importers of portable electric lamps. China dominates the production and exports market, while Germany and Japan are also significant importers. The average global import price per unit dropped slightly in 2022, despite showing overall growth over the past decade. Overall, the portable electric lamp market is expected to continue growing in the coming years.
Market Forecast
Driven by rising demand for portable electric lamp worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.1% for the period from 2022 to 2030, which is projected to bring the market volume to 1.7B units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market value to $9B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Portable Electric Lamps
In 2022, consumption of portable electric lamps was finally on the rise to reach 1.5B units after two years of decline. In general, consumption, however, showed a perceptible decrease. Over the period under review, global consumption reached the peak volume at 1.8B units in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
The global portable electric lamp market revenue dropped to $7B in 2022, with a decrease of -4.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a noticeable contraction. Over the period under review, the global market hit record highs at $9.1B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (238M units), India (152M units) and China (152M units), together accounting for 37% of global consumption. Nigeria, Mexico, Japan, Indonesia, Ghana, the United Arab Emirates, Bangladesh, Djibouti, the UK and Sudan lagged somewhat behind, together comprising a further 25%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Bangladesh (with a CAGR of +17.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest portable electric lamp markets worldwide were the United States ($953M), the United Arab Emirates ($488M) and China ($258M), together accounting for 24% of the global market. Ghana, Japan, Nigeria, Sudan, the UK, Indonesia, India, Mexico, Bangladesh and Djibouti lagged somewhat behind, together accounting for a further 13%.
Ghana, with a CAGR of +13.3%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of portable electric lamp per capita consumption was registered in Djibouti (25 units per person), followed by the United Arab Emirates (2.9 units per person), Ghana (1 units per person) and the United States (0.7 units per person), while the world average per capita consumption of portable electric lamp was estimated at 0.2 units per person.
From 2012 to 2022, the average annual growth rate of the portable electric lamp per capita consumption in Djibouti amounted to +3.6%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-12.5% per year) and Ghana (+10.8% per year).
Production
World Production of Portable Electric Lamps
In 2022, the amount of portable electric lamps produced worldwide declined modestly to 1.8B units, remaining constant against 2021 figures. Overall, production showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 4.7%. Global production peaked at 2.3B units in 2013; however, from 2014 to 2022, production failed to regain momentum.
In value terms, portable electric lamp production shrank to $6.1B in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18%. As a result, production reached the peak level of $6.7B. From 2019 to 2022, global production growth remained at a lower figure.
Production By Country
China (1.7B units) constituted the country with the largest volume of portable electric lamp production, comprising approx. 95% of total volume.
In China, portable electric lamp production decreased by an average annual rate of -2.3% over the period from 2012-2022.
Imports
World Imports of Portable Electric Lamps
In 2022, global portable electric lamp imports was estimated at 1.3B units, surging by 8.4% compared with 2021. In general, imports, however, saw a slight downturn. The growth pace was the most rapid in 2018 when imports increased by 47%. Over the period under review, global imports reached the maximum at 1.6B units in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, portable electric lamp imports expanded to $3.5B in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Imports By Country
In 2022, the United States (245M units), followed by India (154M units) and Nigeria (85M units) were the largest importers of portable electric lamps, together constituting 37% of total imports. The following importers - Mexico (45M units), Japan (41M units), Ghana (31M units), the United Arab Emirates (29M units), Indonesia (29M units), Germany (28M units), Bangladesh (26M units), Djibouti (25M units), the UK (24M units) and Sudan (24M units) - together made up 23% of total imports.
From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +17.4%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($1B) constitutes the largest market for imported portable electric lamps worldwide, comprising 29% of global imports. The second position in the ranking was held by Germany ($236M), with a 6.7% share of global imports. It was followed by Japan, with a 4.5% share.
In the United States, portable electric lamp imports increased at an average annual rate of +5.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and Japan (+1.0% per year).
Import Prices By Country
In 2022, the average portable electric lamp import price amounted to $2.7 per unit, dropping by -4.1% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, portable electric lamp import price increased by +26.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 62% against the previous year. Global import price peaked at $3.1 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($8.5 per unit), while India ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Portable Electric Lamps
In 2022, overseas shipments of portable electric lamps increased by 5.4% to 1.7B units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a pronounced decrease. The global exports peaked at 2.1B units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
In value terms, portable electric lamp exports totaled $4.1B in 2022. The total export value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in years to come.
Exports By Country
In 2022, China (1.6B units) was the main exporter of portable electric lamps in the world, committing 94% of total export.
China was also the fastest-growing in terms of the portable electric lamps exports, with a CAGR of -2.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, China ($3.1B) also remains the largest portable electric lamp supplier worldwide.
In China, portable electric lamp exports expanded at an average annual rate of +1.2% over the period from 2012-2022.
Export Prices By Country
In 2022, the average portable electric lamp export price amounted to $2.5 per unit, rising by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.3% per year.
This report provides an in-depth analysis of the global portable electric lamp market. 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 27402100 - Portable electric lamps worked by dry batteries, accumulators or magnetos (excluding for cycles or motor vehicles)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
Explore the top import markets for portable electric lamps and key statistics. Find out which countries dominate the market. Discover lucrative opportunities for lamp manufacturers.
Discover the top import markets for portable electric lamps, backed by key statistics and data from the IndexBox market intelligence platform.