Sri Lanka - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Sri Lanka - 2021
Contents:
- Semiconductor LED Price in Sri Lanka (CIF) - 2022
- Semiconductor LED Price in Sri Lanka (FOB) - 2022
- Semiconductor LED Imports in Sri Lanka
- Semiconductor LED Exports in Sri Lanka
Semiconductor LED Price in Sri Lanka (CIF) - 2022
The average semiconductor LED import price stood at $3.1 per unit in 2022, picking up by 4.9% against the previous year. In general, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 62%. The import price peaked at $11 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($3 per unit) and China ($3 per unit), while the price for Vietnam ($2.3 per unit) and Singapore ($3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.9%), while the prices for the other major suppliers experienced a decline.
Semiconductor LED Price in Sri Lanka (FOB) - 2022
In 2022, the average semiconductor LED export price amounted to $8.1 per unit, reducing by -24% against the previous year. Over the period under review, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 84%. Over the period under review, the average export prices reached the peak figure at $308 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($11 per unit), while the average price for exports to Malaysia ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-25.2%), while the prices for the other major destinations experienced a decline.
Semiconductor LED Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of semiconductor light emitting diodes (LEDs), when their volume decreased by -49.7% to 7.7M units. Over the period under review, imports, however, showed a slight increase. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of 15M units, and then contracted significantly in the following year.
In value terms, semiconductor LED imports contracted significantly to $24M in 2022. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports attained the peak of $45M, and then fell remarkably in the following year.
| Import of Semiconductor LED in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.1 | 21.1 | 39.1 | 15.8 | -10.6% |
| Vietnam | N/A | N/A | 0.1 | 4.5 | 4400.0% |
| India | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
| Singapore | 2.9 | 1.1 | 2.8 | 0.3 | -53.1% |
| Hong Kong SAR | 1.0 | 0.4 | 0.7 | 0.2 | -41.5% |
| Others | 2.3 | 1.8 | 1.5 | 2.5 | 2.8% |
| Total | 28.5 | 24.5 | 44.6 | 23.6 | -6.1% |
Top Suppliers of Semiconductor LED to Sri Lanka in 2022:
- China (5.2M units)
- Vietnam (1.9M units)
- Singapore (0.1M units)
- India (0.1M units)
- Hong Kong SAR (0.1M units)
Semiconductor LED Exports in Sri Lanka
In 2022, the amount of semiconductor light emitting diodes (LEDs) exported from Sri Lanka skyrocketed to 117K units, increasing by 358% against the previous year. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, semiconductor LED exports soared to $943K in 2022. Over the period under review, exports saw a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Semiconductor LED in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 0.4 | N/A | N/A | 711 | 1111.4% |
| Malaysia | N/A | N/A | N/A | 97.9 | 0% |
| Switzerland | 3.7 | 12.4 | 61.9 | 75.6 | 173.4% |
| China | 31.0 | 0.2 | 2.8 | 42.4 | 11.0% |
| United Kingdom | N/A | N/A | N/A | 8.8 | 0% |
| Oman | 850 | 210 | 171 | N/A | -55.1% |
| Others | 5.2 | 2.5 | 36.1 | 8.3 | 16.9% |
| Total | 890 | 225 | 271 | 943 | 1.9% |
Top Export Markets for Semiconductor LED from Sri Lanka in 2022:
- Pakistan (66.7K units)
- Malaysia (34.6K units)
- Switzerland (7.8K units)
- China (3.9K units)
- United Kingdom (3.1K units)
This report provides an in-depth analysis of the semiconductor led market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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