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What is the export situation of China's LED lighting products in 2016?
Although 2016 has 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 is actually hidden. Although 2016 has 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 is actually hidden. 1. Negative growth in lighting export value Recently, according to relevant reports, the data showed that the export value of China's LED lighting in 2016 was US$10.568 billion, down 26% year-on-year. The report believes that the main reasons for the year-on-year decline in the scale of China's LED lighting exports in 2016: 1. The volume and price fell, especially the price drop reached 18.5%. 2. Due to the emerging and Southeast Asian exchange rate factors, the LED export volume decreased. 3, some countries' certification standards have been improved, such as: India's LED BIS certification in specific products, LED indoor lighting exports accounted for a significant increase, especially bulbs, lamps, panel lights; and outdoor lighting such as: street lights, tunnels The proportion of lights and the like decreased. 2. The penetration rate of LED lighting products in the domestic market reached 42% In 2016, the global accelerated elimination of incandescent lamps, LED has become the mainstream light source of lighting. China's domestic LED lighting products output of about 8 billion, an increase of 33%; domestic sales of about 3.8 billion, an increase of 35%. The domestic market penetration rate of LED lighting products (the domestic sales volume of LED lighting products/the total domestic sales volume of lighting products) reached 42%, up 10% from 2015. 3. New favorites in the Middle East as an export region From January to November 2016, the EU, the United States, Japan, ASEAN countries, BRICS countries and Middle East countries are the main markets for the export of LED lighting products in China, but the market is uneven and the growth is different. different. The US market slowed down to 17%, and its market share increased by 4% compared with the same period of 2015; the EU growth rate was 23%; the Middle East market was booming, with the highest growth rate of 27% and a market share of 7%. In the same period last year, it increased by 2 percentage points. At the same time, the Russian market has fallen sharply; the BRICS market share has shrunk from 7% in the same period in 2015 to 6%; exports to Japan have fallen sharply, down 17% from the same period in 2015. 4, indoor lighting is still the mainstream of export products In 2016, China's LED lighting products, bulbs exports ranked first, followed by tube lights, light strips and decorative lights. The market share of several major products (bulb lamps, tube lamps, light bars and spotlights) is gradually shrinking, with tube lamps decreasing by 11.99% year-on-year and spotlights decreasing by 28.98%, while decorative lamps, floodlights, and flat lamps The growth rate is faster, with flat lamps increasing by nearly 120% year-on-year. 5. The price of products has slowed down. According to the data, the average export price of LED lighting products has dropped by 87.6% in the four years from the beginning of 2012 to the end of October 2016. From January to October 2016, the average export price of LED lighting products fell by more than 20%. In 2016, the concentration of the top ten manufacturers in export volume was 11%, which was basically the same as in 2015. The top ten companies and rankings changed slightly.