EU: Semiconductor Led Market 2024

Semiconductor Led Market Size in the EU

In 2022, the EU semiconductor LED market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, enjoyed a measured increase. The level of consumption peaked at $X in 2021, and then declined in the following year.

Semiconductor Led Production in the EU

In value terms, semiconductor LED production totaled $X in 2022 estimated in export price. The total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. 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 hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Semiconductor Led Exports

Exports in the EU

In 2022, after five 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. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, semiconductor LED exports fell to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

The Netherlands represented the major exporter of semiconductor light emitting diodes (LEDs) in the European Union, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Germany (X units) and Portugal (X units), together creating a X% share of total exports. Belgium (X units), Slovenia (X units), Spain (X units) and Italy (X units) held a minor share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%) and Slovenia (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Spain (X%), Germany (X%), Italy (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Portugal (X p.p.) and Slovenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Spain (X p.p.), Italy (X p.p.), Belgium (X p.p.) and Germany (X p.p.) displayed negative dynamics.

In value terms, the largest semiconductor LED supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Italy ($X), together comprising X% of total exports. Portugal, Belgium, Spain and Slovenia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced a decline in the export price figures.

Semiconductor Led Imports

Imports in the EU

After five years of growth, overseas purchases of semiconductor light emitting diodes (LEDs) decreased by X% to X units in 2022. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, semiconductor LED imports declined rapidly to $X in 2022. Over the period under review, imports saw a mild reduction. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X units) represented the key importer of semiconductor light emitting diodes (LEDs), achieving X% of total imports. Germany (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Poland (X%) and France (X%). The following importers - Portugal (X units), Italy (X units), Greece (X units), Belgium (X units) and Austria (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to semiconductor LED imports into the Netherlands stood at X%. At the same time, Poland (X%), Portugal (X%), Spain (X%), Austria (X%) and France (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Greece experienced a relatively flat trend pattern. By contrast, Germany (X%), Belgium (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Spain (X p.p.), Poland (X p.p.) and Portugal (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Greece (X p.p.), Belgium (X p.p.), Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest semiconductor LED importing markets in the European Union were the Netherlands ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports. Poland, France, Italy, Belgium, Portugal, Austria and Greece lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, falling by X% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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