South-Eastern Asia: Semiconductor Led Market 2024

Semiconductor Led Market Size in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in the Southeast Asian semiconductor LED market, when its value decreased by X% to $X. Overall, consumption saw a perceptible expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Semiconductor Led Production in South-Eastern Asia

In value terms, semiconductor LED production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Semiconductor Led Exports

Exports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of semiconductor light emitting diodes (LEDs), when their volume decreased by X% to X units. Total exports indicated a resilient increase from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then declined in the following year.

In value terms, semiconductor LED exports dropped to $X in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank in the following year.

Exports by Country

Malaysia (X units), Singapore (X units) and Vietnam (X units) represented roughly X% of total exports in 2022. It was distantly followed by Cambodia (X units) and Thailand (X units), together achieving a X% share of total exports. The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest semiconductor LED supplying countries in South-Eastern Asia were Vietnam ($X), Malaysia ($X) and Singapore ($X), together comprising X% of total exports. Thailand, the Philippines and Cambodia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Cambodia, with a CAGR of X%, recorded the highest growth rate of 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

The export price in South-Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price 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, semiconductor LED export price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Semiconductor Led Imports

Imports in South-Eastern Asia

In 2022, semiconductor led imports in South-Eastern Asia rose rapidly to X units, increasing by X% on 2021. In general, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, semiconductor LED imports dropped to $X in 2022. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Vietnam represented the key importing country with an import of around X units, which accounted for X% of total imports. It was distantly followed by the Philippines (X units), Malaysia (X units) and Singapore (X units), together achieving a X% share of total imports. Cambodia (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to semiconductor LED imports into Vietnam stood at X%. At the same time, the Philippines (X%), Cambodia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, the Philippines and Cambodia increased by X, X and X percentage points, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported semiconductor light emitting diodes (LEDs) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with an X% share of total imports. It was followed by Malaysia, with a X% share.

In Vietnam, semiconductor LED imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure 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 importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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