Indonesia: Semiconductor Led Market 2024

Semiconductor Led Market Size in Indonesia

In 2022, the Indonesian semiconductor LED market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, recorded a tangible increase. Semiconductor LED consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Semiconductor Led Production in Indonesia

In value terms, semiconductor LED production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Semiconductor Led Exports

Exports from Indonesia

After two years of growth, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by X% to X units in 2022. Over the period under review, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, semiconductor LED exports shrank notably to $X in 2022. Overall, exports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

The United States (X units) was the main destination for semiconductor LED exports from Indonesia, with a X% share of total exports. Moreover, semiconductor LED exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold. The Netherlands (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 the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for semiconductor LED exported from Indonesia were the United States ($X), Singapore ($X) and the Netherlands ($X), together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average semiconductor LED export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Germany ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Semiconductor Led Imports

Imports into Indonesia

In 2022, approx. X units of semiconductor light emitting diodes (LEDs) were imported into Indonesia; reducing by X% against the previous year. Over the period under review, imports, however, saw temperate growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, semiconductor LED imports declined dramatically to $X in 2022. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of semiconductor LED to Indonesia, with a X% share of total imports. It was followed by Singapore (X units), with a X% share of total imports. Vietnam (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to Indonesia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average semiconductor LED import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The import price peaked at $X per unit in 2012; however, from 2013 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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