In the first half of China's LED lighting exports amounted to $5 billion

2015, China's semiconductor lighting industry from technology driven to application driven change, good momentum of development, steady growth in the size of the industry.

According to CSA Research statistics, in 2014, the overall size of China's semiconductor lighting industry reached 350 billion 700 million yuan, representing an increase of $257 billion 600 million in 2013 to continue to maintain rapid growth. LED general lighting market in full swing, the output value of 117 billion 100 million yuan, an annual growth rate of about 68%, accounting for the proportion of the application market by 2013, an increase of 34% in 2014 to $41%. China's lighting industry has entered a new era of LED lighting leader.

China as a global manufacturing base for lighting products, LED lighting products export situation from the rapid growth phase into the middle and high growth areas. CSA Research analysis of Customs export data show that in the first half of 2015, China's total exports of LED lighting products of about $5 billion, compared with the first half of 2014 year on year growth of 16%.

The growth rate from 2014 to 2015 Q2 an Q1 has declined year on year growth of Q1 in 2014 to 143% in 2015 8% of Q2 was decreased, the reasons for this decline is mainly in 2015, China's foreign trade in transition period and the growth rate of the structure shift. After a substantial increase in 2013, from 2014 to 2015, Q2 growth plummeted, is also normal, is expected in 2015 after Q2 export growth will gradually stable, less volatile.

In recent years, more and more enterprises to enter the export of LED lighting products, the growing competition. Customs export data show that, at present, China's LED lighting products export enterprises nearly 10000, while the price of LED lighting products from the beginning of 2012 to the first half of 2015 fell by about 7.

Figure 1 H1 LED export amount of China in 2011-2015 (source: China Customs, CSA Research)

CSA Research customs export data may be obtained in the first half of 2015 first quarter total exports of $2 billion 545 million, representing an increase of $fourth in the first half of the year in the first quarter of 700 million, an increase of $16%. In fact, from 2011 to 2014, the overall situation of China's foreign trade exports gradually shrinking, LED lighting products thriving, has maintained more than 30% of ultra-high growth.

From 2014 to 2015, China's LED lighting exports growth compared with 2011 to 2013 to ease, from the $340 million in the 1 quarter of 2014 to $2 billion 764 million in the first quarter of 2011, exports almost doubled. However, since the second quarter of 2014, export growth began to show a cliff style decline in the 2015 second quarter, total exports reached $2 billion 600 million, export growth of 8%.

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