Singapore - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Singapore - 2021
Contents:
- Semiconductor LED Price in Singapore (FOB) - 2021
- Semiconductor LED Price in Singapore (CIF) - 2021
- Semiconductor LED Exports in Singapore
- Semiconductor LED Imports in Singapore
Semiconductor LED Price in Singapore (FOB) - 2021
In December 2021, the average semiconductor LED export price amounted to $425 per thousand units, jumping by 77% against the previous month. Over the period under review, export price indicated prominent growth from January 2021 to December 2021: its price increased at an average monthly rate of +5.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, semiconductor LED export price increased by +76.7% against November 2021 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was the United States ($1.9 per unit), while the average price for exports to Thailand ($55.0 per thousand units) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Semiconductor LED Price in Singapore (CIF) - 2021
In December 2021, the average semiconductor LED import price amounted to $248 per thousand units, rising by 2.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 36% m-o-m. Over the period under review, average import prices reached the maximum in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the Philippines ($718 per thousand units), while the price for China ($67.0 per thousand units) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Semiconductor LED Exports in Singapore
In 2022, semiconductor led exports from Singapore soared to 48M units, rising by 52% against the year before. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 118%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, semiconductor LED exports skyrocketed to $1.5B in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year. As a result, the exports reached the peak of $1.8B. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Semiconductor LED in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 168 | 582 | 212 | 282 | 18.8% |
| Malaysia | 199 | 303 | 200 | 261 | 9.5% |
| United States | 159 | 242 | 173 | 225 | 12.3% |
| South Korea | 72.4 | 115 | 131 | 170 | 32.9% |
| Germany | 75.2 | 97.7 | 57.4 | 74.6 | -0.3% |
| Japan | 22.8 | 31.6 | 54.7 | 71.0 | 46.0% |
| Vietnam | 35.9 | 79.8 | 23.2 | 40.7 | 4.3% |
| Thailand | 20.4 | 38.9 | 22.2 | 28.8 | 12.2% |
| India | 26.1 | 30.4 | 19.8 | 25.7 | -0.5% |
| Australia | 17.8 | 25.4 | 13.1 | 17.7 | -0.2% |
| Others | 169 | 265 | 210 | 267 | 16.5% |
| Total | 965 | 1,810 | 1,118 | 1,464 | 14.9% |
Top Export Markets for Semiconductor LED from Singapore in 2022:
- Hong Kong SAR (10.6M units)
- Malaysia (9.8M units)
- United States (8.5M units)
- South Korea (5.6M units)
- Japan (2.7M units)
- Australia (2.4M units)
- Thailand (2.0M units)
- Vietnam (1.5M units)
- Germany (1.5M units)
- India (1.0M units)
Semiconductor LED Imports in Singapore
Semiconductor LED imports into Singapore reduced sharply to 56M units in 2022, declining by -21.3% against the previous year. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Imports peaked at 83M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, semiconductor LED imports dropped to $1.2B in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports reached the peak of $1.4B, and then declined in the following year.
| Import of Semiconductor LED in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 224 | 165 | 307 | 272 | 6.7% |
| Malaysia | 178 | 184 | 241 | 214 | 6.3% |
| Taiwan (Chinese) | 115 | 105 | 160 | 142 | 7.3% |
| Thailand | 43.5 | 46.1 | 118 | 105 | 34.1% |
| United States | 93.1 | 101 | 109 | 97.0 | 1.4% |
| Japan | 48.4 | 32.1 | 51.1 | 45.3 | -2.2% |
| Philippines | 57.8 | 40.7 | 79.2 | 25.9 | -23.5% |
| Others | 267 | 353 | 359 | 325 | 6.8% |
| Total | 1,027 | 1,028 | 1,425 | 1,226 | 6.1% |
Top Suppliers of Semiconductor LED to Singapore in 2022:
- China (46.7M units)
- Malaysia (3.2M units)
- United States (1.5M units)
- Thailand (0.9M units)
- Japan (0.7M units)
- Philippines (0.4M units)
- Taiwan (Chinese) (0.3M units)
This report provides an in-depth analysis of the semiconductor led market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
-
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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