Czech Republic: Semiconductor Led Market 2024

Semiconductor Led Market Size in the Czech Republic

In 2022, the Czech semiconductor LED market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, enjoyed a remarkable increase. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Semiconductor Led Production in the Czech Republic

In value terms, semiconductor LED production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Semiconductor Led Exports

Exports from the Czech Republic

In 2022, after two years of growth, there was significant decline in shipments abroad of semiconductor light emitting diodes (LEDs), when their volume decreased by X% to X units. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, semiconductor LED exports declined sharply to $X in 2022. In general, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X units) was the main destination for semiconductor LED exports from the Czech Republic, accounting for a X% share of total exports. Moreover, semiconductor LED exports to Hungary exceeded the volume sent to the second major destination, Poland (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Slovakia (X% per year).

In value terms, the largest markets for semiconductor LED exported from the Czech Republic were Hungary ($X), Slovakia ($X) and Germany ($X), together comprising X% of total exports. Poland, Switzerland, Italy, Bulgaria, the Netherlands, Austria, France, Romania, Ukraine and Slovenia lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average semiconductor LED export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price recorded a noticeable slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Germany ($X per unit), while the average price for exports to Ukraine ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into the Czech Republic

In 2022, after five years of growth, there was significant decline in supplies from abroad of semiconductor light emitting diodes (LEDs), when their volume decreased by X% to X units. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, semiconductor LED imports dropped remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of semiconductor LED imports to the Czech Republic, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and China ($X) constituted the largest semiconductor LED suppliers to the Czech Republic, together comprising X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average semiconductor LED import price amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Slovakia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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