China's LED lighting products export report in the first quarter of 2015: BRICS countries1

A few days ago csaresearch released the 2015 1st of the, china led lighting products export Quarterly (2015Q1) ', The export situation of China's LED lighting products in first quarter of 2015 was analyzed. The report shows that after the rapid growth in 2014, the export value in the first quarter of 2015 reached 25. 3. 7 billion US dollars, but the growth rate decreased by 8 percentage points compared with the same period last year, indicating that the export pressure of semiconductor lighting products in China has increased. Figure 1 2011- Q1 2015 the annual export amount of China's LED corresponds to the export market. In the first quarter of 2015, the United States and the European Union are still major export destinations, among which the United States continues to maintain rapid growth. the market share has expanded by 3 percentage points compared with the end of 2014. ASEAN countries have become the third largest export destination after a substantial increase of 90, and the EU has remained stable. Among them, the BRICS countries also fell significantly year-on-year, with their market share shrinking from 14 in 2014 to 6. The following are the market conditions of BRICS countries in the quarter of 2015: 1. The export value decreased by 21 year on year, accounting for only 5. BRICS countries are important emerging markets in China, showing an explosive growth trend in 2014. In first quarter of 2015, the growth trend of exports has slowed down. According to the statistics of Customs data, in first quarter of 2015, the export volume of BRICS countries was only 1. 5%. 2. 1 billion US dollars, down about from first quarter of 2014. BRICS exports accounted for 7 of total exports, up from 2014 (13)Down 5 percentage points. Figure 2 the export situation of our country's LED lighting products to the BRICS countries, from the perspective of the growth rate, after the outbreak of more than 250 for 4 consecutive quarters from fourth quarter of 2013 to fourth quarter of 2014, affected by the slowdown of the export growth rate of Russia, in fourth quarter of 2014, China's export growth rate to BRICS countries fell back to about 86, with a single quarter export volume of about 3. 5%. 0. 5 billion. Affected by the decline in Russian exports and the Chinese Spring Festival holiday, the growth rate fell sharply in first quarter of 2015, directly from 86 to-21. Figure 3 the export amount of our country's LED lighting products to the BRIC countries compared with the traditional market, the BRIC countries have relatively small trade barriers. With the increasing export threshold of the United States, Japan and Europe, the competition is becoming increasingly fierce. domestic enterprises have begun to increase their investment in emerging markets, 2011- In 2014, the proportion of BRIC countries continued to grow, especially Russia and India, which grew significantly faster than other regions. In 2014, Russia's overall growth rate reached 274, ranking second only in the United States. However, in first quarter of 2015, Russia's exports were only 34. 96 million US dollars, up from first quarter of 2014- 66, which is equivalent to the export level in 2011. The market ranking also dropped from 2nd to 17. In the remaining three countries (India, Brazil, South Africa) Exports have increased to varying degrees, with year-on-year increases of 85, 68 and 34 respectively. Table 1 China's export of LED lighting products to BRICS countries (US $10,000) 2. The growth rate of export products has slowed down. China's LED lighting products are exported to BRICS countries in a quantity-driven manner. Self-2013 2 Quarter 52. 66 began to grow linearly to the first quarter of 2014, and the growth rate of LED lamps exported to BRICS countries has risen to 337. 07. Due to the ultra-high growth in 2013, the growth rate of quantity slowed down from 2014 to first quarter of 2015. 5, but overall, the number is still growing, and this situation will continue. Figure 4 the export quantity of China's LED lighting products to BRICS countries 3. The average export price has dropped in a shocking way, while in the same period, the price of LED lamps has shown a shocking downward trend since the third quarter of 2013. The average price of LED lighting products exported by China to BRICS countries is 2-$6/only (Pieces, pieces, sets)The price difference with Europe, the United States and Japan is not large. In addition to shadowless lamps, ceiling lamps, explosion-proof lamps and other lamps with high added value and strong ability to resist falling prices, LED lighting products accounting for more than 95% of the export share show a downward trend in prices. Fig. 5 average unit price of China's export of LED lighting products to BRICS countries (US dollar/only) The above data source: China Customs, CSAResearch