Analysis of China's LED Lighting Products Export in 2016

2016 LED lighting products, the domestic market penetration rate reached 42%, up 10 percentage points over 2015. At the same time, the first decline in exports of lighting products, the Middle East into the export area of the new darling.

First, LED lighting products, the domestic market penetration rate of 42%

In 2016, the world accelerated to eliminate incandescent, LED has become the mainstream 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%. LED lighting products domestic market penetration (LED lighting products, domestic sales volume / total domestic sales of lighting products) reached 42%, up 10 percentage points over 2015.

Second, the amount of lighting exports negative growth

After years of rapid growth in 2016, China's LED lighting products began to decline. 2016 years ago 11 months, China's total output of LED lighting products amounted to nearly 9.4 billion US dollars, down 2.4% over the same period in 2015. Expected total exports in 2016 about $ 10.5 billion.

Third, the Middle East into the export area of the new darling

From January to November in 2016, the EU, the United States, Japan, ASEAN countries, BRIC countries and the Middle East countries are the major markets for China's LED lighting products export, but the market is uneven and growing. US market growth slowed to 17%, the market share increased by 4 percentage points over the same period in 2015; the EU growth rate of 23%; the rapid rise of the Middle East market, the highest growth rate of 27%, the market share of 7% An increase of 2 percentage points over the same period last year. At the same time, the Russian market fell sharply; BRIC market share from 7% in 2015 to 6%; exports to Japan fell sharply, compared with the same period in 2015 fell 17%.

Fourth, indoor lighting is still the mainstream export products

2016 China's LED lighting products, bulb exports ranked first, followed by tube lights, light and decorative lights. Several major mainstream products (bulb, tube lamp, light bar and spotlights) accounted for the proportion of the market gradually reduced, of which the lamp down 11.99%, 28.98% reduction in spotlights, and decorative lights, flood light, flat lights Such as faster growth, which flat lamp growth of nearly 120%.

Fifth, product prices slow down the pace

According to the data show that the beginning of 2012 to the end of October 2016 4 years, LED lighting products, the average price of exports fell 87.6%. 2016 January to October, LED lighting products export prices fell more than 20%.

2016, the export volume of the top ten manufacturers of the concentration of 11%, with 2015 basically flat, ranked in the top ten enterprises and slightly changed the ranking.