The rapid growth of LED lighting industry exports
According to data from the General Administration of Customs, from January to February this year, the export value of lamps, lighting devices and their parts was 51.06 billion RMB, a year-on-year increase of 107.4%.
The export situation is well confirmed by people in the lighting industry in Jiangsu. Jiangsu Province plays an important role in China's lighting industry, and Zouqu Town, Changzhou City is a famous lighting industry gathering place. A staff member of the Jiangsu Lighting Electrical Appliances Association told the reporter of China Trade News that in terms of exports, the export situation has been relatively good since last year, especially in the subdivisions such as agricultural lighting, plant lighting, and light source products.
Zhao Hui, a high-tech LED expert under Gaogong Consulting, analyzed in an interview with a reporter from China Trade News, “Our research found that the company did reflect that the export market from January to February this year was good. However, the lighting industry exported from January to February this year. The year-on-year high growth rate is related to the low base during the epidemic period from January to February last year.” According to the statistics of the General Administration of Customs, the export value of lamps, lighting devices and their parts from January to February 2019 was 31.02 billion RMB; January 2020 As of February, the export value of lamps, lighting devices and their parts was 24.62 billion RMB. It can be seen that the export data from January to February this year is not only significantly higher than the same period last year, but also has a substantial increase compared with the export data from January to February 2019.
At the same time, the price of raw materials in the lighting industry has risen across the board. Recently, companies in the lighting industry have issued price increase letters: On February 25, Auman Lighting issued a business letter on the pre-increasing product unit price; on February 25, Guangdong Lianhao Lighting Technology Co., Ltd. issued a price increase notification letter, since 3 Beginning on the 1st, the price base of high-pressure and low-pressure encapsulated products will be increased by 0.4 RMB at the end of 2020. Companies in the upper and midstream supply chain of the lighting industry are also raising prices. For example, Silan Microelectronics, which is engaged in packaging business, has issued a price adjustment letter.
Zhao Hui said that the entire industry chain is increasing in price, and the prices of raw materials used in the upper and middle reaches of the lighting industry, such as chips, packaging, precious metals, and glue, have increased. Not as big as the outside world said."