Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea - 2022

Contents:

1. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea (CIF) - 2022
2. Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea (FOB) - 2022
3. Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea
4. Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea (CIF) - 2022

In 2022, the average import price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.2 per unit, growing by 7.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced setback. The growth pace was the most rapid in 2013 an increase of 8.8% against the previous year. As a result, import price reached the peak level of $1.7 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($1.2 per unit), while the price for China ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-2.9%), while the prices for the other major suppliers experienced a decline.

Price for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea (FOB) - 2022

In 2022, the average export price for lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes amounted to $1.2 per unit, surging by 3.6% against the previous year. In general, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 35%. The export price peaked at $1.6 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($1.2 per unit) and the United States ($1.2 per unit), while the average price for exports to the United Arab Emirates ($1.2 per unit) and China ($1.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea

In 2022, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes into South Korea shrank markedly to 20M units, waning by -29% against the previous year. Overall, imports recorded a sharp decline. The smallest decline of -8.6% was in 2021. Imports peaked at 40M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes contracted remarkably to $24M in 2022. In general, imports recorded a abrupt contraction. The smallest decline of -9.1% was in 2021. Imports peaked at $43M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode to South Korea in 2022:

1. China (18.7M units)
2. Poland (0.6M units)
3. Italy (0.1M units)

Exports of Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode in South Korea

In 2022, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes from South Korea reduced to 116K units, waning by -5.6% on the year before. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked at 213K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lamps; discharge, (excluding ultra-violet), fluorescent, hot cathodes fell to $137K in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 32%. The exports peaked at $206K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Lamps; Discharge, (Excluding Ultra-Violet), Fluorescent, Hot Cathode from South Korea in 2022:

1. China (34.2K units)
2. United States (30.3K units)
3. Vietnam (23.8K units)
4. United Arab Emirates (11.4K units)
5. Japan (3.7K units)
6. Mongolia (3.3K units)
7. Colombia (3.3K units)
8. Qatar (1.5K units)

Source: IndexBox Market Intelligence Platform