Analysis of LED lighting export in 2012 (January to August)

Along with Russia’s accession to the WTO, import tariffs will further decline, plus that LED products exported to Thailand can enjoy a zero tariffs, plus a series of other LED lighting export preferential policies, our domestic LED industry face up opportunities as well as challenges.

 

Along with Russia’s accession to the WTO, import tariffs will further decline, plus that LED products exported to Thailand can enjoy a zero tariffs, plus a series of other LED lighting export preferential policies, our domestic LED industry face up opportunities as well as challenges.

 

In February this year, the Ministry of Finance and other ministries jointly issued a notice “Financial Subsidies for Semiconductor Lighting Products and Related Lighting Projects in 2012”. This notice was officially launched on 11th of July. Local governments positively responded this LED promoting plan. There has been news came out in September of this year, the China Government planned to phase out incandescent lamps in 5 steps. Since 1st of October, incandescent bulbs with power consumption higher than 100W were forbidden to produce, import/export and use. 60W and 15W incandescent bulbs will be banned in China in the next year. In addition, the European Commission also set rules that incandescent lights should be completely banned before the end of 2012 in member states. The United States planned to phase out 100W incandescent lights before the end of 2013, and 40W incandescent bulbs before 2014.

 

Obviously, 2012 is the crucial year for other lighting technologies that could take place of incandescent lamps, especially for LED lighting products. High-end demands may directly be replaced by LED bulbs, LED down lights. With the birth of a series of LED lighting export preferential policies, LED lighting market has huge potentials. Followed is the Analysis of LED lighting export of China in 2012 (January to August):

 

From January to August of 2012, the total export amount of LED lighting products is approximately 2.335 billion USDs, around 192,700 tons, dropped by 65.2% compared with 2011. G24 LED lamp exports showed a downward trend in the past 8 months, the situation is not optimistic. Within this period of time, remove the Spring Festival in February, LED lighting export value was lowest in January (about 239 million USDs), declined 49.56% from a year earlier. This value reached its peak in August 388 million USDs, declined 33.18% from a year earlier.

 

From January to August, the top 10 LED production bases in China are concentrated in the Guangdong Province: Shenzhen, Dongguan, Shanghai, Guangzhou, Hangzhou, Zhongshan, Xiamen, Kunshan, Foshan and Quanzhou. Among them Shenzhen is the largest regions for LED lighting export in China, with a ratio of 24.75%.