Decrypt Egyptian LED lighting market

Egypt is the third largest economy in Africa, the Middle East and Africa's largest consumer market, is also one of the fastest-growing emerging market economies. Egypt and the Middle East and Africa have a free trade agreement, after entering the Egyptian market, but also cover the product into the surrounding Middle East and Africa markets, a total of more than one billion consumers. In addition there are a lot of cheap labor in Egypt, we can achieve relatively low cost of production or processing.

Import and export, the customs data can be seen, LED lighting is quite dependent on Chinese imports to Egypt, in 2013, the share of goods imported from China more than 55%, in 2014 decreased, but still close to 50%.

Energy consumption, at present, more than 25 percent of Egypt's total consumption of electricity for lighting, residential and commercial electricity consumption has accounted for 73% of the lighting electricity consumption. To reduce costs, the popularity of more efficient energy facilities, the Egyptian government plans by 2020 to save about 20 billion yuan in energy costs. Therefore, in 2020 the government plans to implement lighting makeover, with energy-saving products to replace traditional lighting. Government buildings, residential lighting, as well as all counties and other local outdoor lighting needs comprehensive reform. One for residential lighting has purchased 250 million LED bulbs. In addition, other projects also require the Government to promote LED products.

In addition, according to "The Cairo Post" reported in June this year, the Egyptian Ministry plans to grant 1.7 million LED light bulb within the next four months. These bulbs will be allocated to local nine provinces in Egypt, in order to solve the country's energy problems. Since the 2011 revolution in Egypt, the local power outage occurs frequently, the Egyptian people for a day 2-3 times a power outage frequency granted. Egyptian Ministry of the Egyptian people strongly recommend the use of LED light bulbs, and the air-conditioning temperature was maintained at 25 ° C or more, and to avoid the simultaneous operation of all electrical equipment to help save energy.

Subsidies, the Egyptian government has pledged to support intelligent outdoor lighting, replace the payment of certain subsidies to traditional light sources and the overall lighting scheme and other projects. In addition, since Egypt and Europe, Middle East and Africa duty-free agreement, if the plant in Egypt will be able to enjoy the 1.6 billion consumer market.