Complimentary Samples for you and Technical Consultation at your convenience
What is the export situation of China's LED lighting products in 2016?
Although the 2016 s have passed, the current situation of China's foreign trade is still receiving much attention. The market is like a hangman, constantly harvesting one product after another, and the seemingly simple export market actually hides the mystery. Although the 2016 s have passed, the current situation of China's foreign trade is still receiving much attention. The market is like a hangman, constantly harvesting one product after another, and the seemingly simple export market actually hides the mystery. 1. Negative growth in lighting export amount recently, according to relevant reports, data show that China's LED lighting export amount in 2016 was 105. $6. 8 billion, down 26. According to the report, the main reasons for the year-on-year decline in China's LED lighting export scale in 2016 are as follows: 1. Both volume and price fell, especially the price drop reached 18. 5. 2. Due to emerging and Southeast Asian exchange rate factors, LED exports have decreased. 3. The certification standards of some countries have been improved, such as the BIS certification of LED in India. In terms of specific products, the proportion of LED Indoor lighting exports has increased significantly, especially bulb lamps, lamps and panel lamps; The proportion of outdoor lighting such as street lights and tunnel lights decreased. 2. The domestic market penetration rate of LED lighting products reached 42 2016, accelerating the elimination of incandescent lamps. LED has become the mainstream light source for lighting. The output of LED lighting products in China is about 8 billion, up 33 year on year; Domestic sales were about 3. 8 billion, a year-on-year increase of 35. Domestic market penetration rate of LED lighting products ( Domestic sales quantity of LED lighting products/domestic total sales quantity of lighting products) It reached 42, up 10 percentage points from 2015. 3. The Middle East has become a new favorite in export regions 2016 1- In November, the European Union, the United States, Japan, ASEAN countries, BRICS countries and Middle East countries were the main markets for the export of LED lighting products in China, but the market was uneven in heat and cold and the growth was different. The growth rate of the US market slowed down to 17, and its market share expanded by 4 percentage points compared with the same period in 2015; The EU growth rate is 23; The Middle East market has risen rapidly, with a high growth rate of 27 and a market share of 7, an increase of 2 percentage points over the same period last year. At the same time, the Russian market has fallen sharply; The market share of BRICS countries decreased from 7 in the same period of 2015 to 6; Exports to Japan fell sharply, down 17 from the same period in 2015. 4. Indoor lighting is still the mainstream product for export. In 2016, China's LED lighting products ranked in the export volume of bulb lamps, followed by tube lamps, light bars and decorative lamps. Several major mainstream products (Bulb lamp, tube lamp, light bar and spotlight) The market share is gradually shrinking, with tube lamps decreasing by 11. 99, spotlights reduced by 28. 98, while the growth rate of decorative lights, projection lights, plane lights, etc. is relatively fast, with plane lights increasing by nearly 120 year on year. 5. The decline rate of product prices has slowed down. According to data, in the four years from the beginning of 2012 to the end of October 2016, the average export price of LED lighting products has dropped by 87. 6. January to October 2016 LED lighting products export average price decreased more than 20. In 2016, the concentration of the top ten manufacturers in export volume was 11, which was basically the same as that in 2015. The top ten enterprises and their ranking changed slightly.