India - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in India - 2022
Contents:
- Semiconductor LED Price in India (CIF) - 2022
- Semiconductor LED Price in India (FOB) - 2022
- Semiconductor LED Imports in India
- Semiconductor LED Exports in India
Semiconductor LED Price in India (CIF) - 2022
In 2022, the average semiconductor LED import price amounted to $5.5 per unit, waning by -12.3% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 4.3%. The import price peaked at $17 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($5.7 per unit) and Hong Kong SAR ($5.5 per unit), while the price for Singapore ($5.5 per unit) and China ($5.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-10.1%), while the prices for the other major suppliers experienced a decline.
Semiconductor LED Price in India (FOB) - 2022
The average semiconductor LED export price stood at $12 per unit in 2022, with a decrease of -9.7% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. As a result, the export price attained the peak level of $31 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($12 per unit) and the United States ($12 per unit), while the average price for exports to Turkey ($12 per unit) and Vietnam ($12 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-7.6%), while the prices for the other major destinations experienced a decline.
Semiconductor LED Imports in India
In 2022, imports of semiconductor light emitting diodes (LEDs) into India surged to 2.5B units, with an increase of 283% against the year before. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, semiconductor LED imports soared to $14B in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Semiconductor LED in India (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.3 | 3.7 | 11.9 | 87.7% |
| Hong Kong SAR | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Singapore | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Vietnam | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Thailand | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Total | 2.5 | 1.5 | 4.2 | 14.0 | 77.6% |
Top Suppliers of Semiconductor LED to India in 2022:
- China (2160.0M units)
- Hong Kong SAR (147.9M units)
- Singapore (44.6M units)
- Vietnam (39.1M units)
- Thailand (35.5M units)
Semiconductor LED Exports in India
Semiconductor LED exports from India declined remarkably to 5M units in 2022, reducing by -60.1% on 2021. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 57%. The exports peaked at 17M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, semiconductor LED exports shrank notably to $59M in 2022. Over the period under review, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, the exports hit record highs at $277M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Semiconductor LED in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 209 | 88.1 | 127 | 44.2 | -40.4% |
| Vietnam | 22.6 | 0.8 | 0.1 | 2.4 | -52.6% |
| South Africa | 6.4 | 4.1 | 5.6 | 1.8 | -34.5% |
| Turkey | 6.7 | 3.8 | 1.6 | 1.3 | -42.1% |
| Others | 32.6 | 17.0 | 30.4 | 9.7 | -33.2% |
| Total | 277 | 114 | 165 | 59.3 | -40.2% |
Top Export Markets for Semiconductor LED from India in 2022:
- United States (3686.3K units)
- Vietnam (199.0K units)
- South Africa (152.7K units)
- Turkey (105.2K units)
This report provides an in-depth analysis of the semiconductor led market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In November 2022, the import price for diodes in India stood at $20.6 per thousand units (CIF, India), with an increase of 15% against the previous month. The trend pattern showed some fluctuations, but overall, prices increased at an average monthly rate of +3.6% over the last nine months. Japan had the highest price ($58.0 per thousand units), while China had one of the lowest ($12.0 per thousand units). In terms of imports, China constituted the largest supplier to India with a 57% share of total imports, followed by Hong Kong SAR (10%) and Singapore (10%). The average volume growth rate from China stood at -5.8%, while Hong Kong SAR experienced a monthly growth rate of +6.9% and Singapore at +3.6%.
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