Romania: Semiconductor Led Market 2024

Semiconductor Led Market Size in Romania

The Romanian semiconductor LED market reached $X in 2022, picking up by X% against the previous year. Over the period under review, consumption continues to indicate a slight expansion. Semiconductor LED consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Semiconductor Led Production in Romania

In value terms, semiconductor LED production rose rapidly to $X in 2022 estimated in export price. In general, production posted a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Semiconductor Led Exports

Exports from Romania

In 2022, overseas shipments of semiconductor light emitting diodes (LEDs) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 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 to $X in 2022. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for semiconductor LED exports from Romania, with a X% share of total exports. Moreover, semiconductor LED exports to Bulgaria exceeded the volume sent to the second major destination, Germany (X units), sixfold. The third position in this ranking was taken by Moldova (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Moldova (X% per year).

In value terms, Bulgaria ($X), Turkey ($X) and Hungary ($X) constituted the largest markets for semiconductor LED exported from Romania worldwide, together comprising X% of total exports. Germany, Italy, France, Austria, Moldova and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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, picking up by X% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Moldova ($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 Italy (X%), while the prices for the other major destinations experienced a decline.

Semiconductor Led Imports

Imports into Romania

After five years of growth, overseas purchases of semiconductor light emitting diodes (LEDs) decreased by X% to X units in 2022. Overall, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, semiconductor LED imports shrank to $X in 2022. Over the period under review, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of semiconductor LED to Romania, with a X% share of total imports. Moreover, semiconductor LED imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was taken by China (X units), with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to Romania, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average semiconductor LED import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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