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LED lighting is the sea wave: Russia will increase imports

Russian business consulting website reported on June 16th, by the introduction of the company's commentary on the Russian LED lamps market research pointed out that in the past 3 years, the Russian LED lamps market to grow more than doubled annually. Factors driving market growth is not only an increase in imports of LED lamps, as well as domestic production growth. According to the National Bureau of statistics data, in 2012, LED lamp production increased by nearly 1.5 times in Russian Federation. According to the plan, the next few years will be built LED new production capacity, it can be expected that the Russian LED lamp production will continue to grow.

About LED lighting imports, according to the conditions of Russia's accession to the WTO, LED lamps tariff will be reduced year by year, in 2015 will be zero tariff. This will not only reduce the average price of imported LED lamps, and will lead to increased imports. However, according to an analyst at the express company estimates, in spite of this, with the increase in Russia's domestic production, LED lighting market will gradually reduce the degree of dependence on imports.

The expert review, fast prediction, in the next few years, with the popularity of LED lighting to improve the rate, in kind, the market will still maintain a relatively high growth rate, on the contrary, the average price of the market will be reduced, resulting in the growth rate in value representation of the market will be relatively low.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).

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