Led lamp market

Led lamp market: read the most recent facts and figures secured by an Ai-driven BI tool. Data include production, trade, market prices, companies, exports, market size, consumption, and imports. There is a split by country, including the Middle East, China, Russia, EU, the U.K., Latin America, Africa, and the U.S. Market dynamics and outlook to 2030 are also provided in the reports.

Led Lamp - World's Largest Markets

Rating	Country
1	United States
2	Japan
3	France
4	Germany
5	China

In value terms, the largest led lamp markets worldwide were the United States, Japan and France, with a combined 34% share of the global market.

In terms of the main consuming countries, France saw the highest rates of growth with regard to market size, over the period under review, while led lamp market for the other global leaders experienced more modest paces of growth.

LED Lamp Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
China	1.1	0.9	0.8	-13.1%
France	3	2.1	2.5	-8.8%
Average	1.2	1.1	1	-11.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($2.5 per unit), while China amounted to $0.8 per unit.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Germany	2.4	2.4	2.5	2.5%
Japan	2.4	2.4	2.2	-3.4%
United States	2	1.7	1.8	-5.2%
United Kingdom	2.1	2	1.8	-9.0%
Italy	1.8	1.5	1.5	-7.3%
Poland	1.8	1	1.4	-10.8%
France	2.2	1.7	0.8	-38.8%
Brazil	1	0.8	0.6	-18.7%
Russia	0.6	0.6	0.6	-1.3%
Argentina	0.7	0.6	0.5	-12.2%
Thailand	1	0.7	0.5	-32.0%
China	0.1	0.1	0.2	12.3%
Yemen	n/a	n/a	0.06	0.0%
Average	1.5	1.4	1.2	-10.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($2.5 per unit), while Yemen ($0.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

LED Lamp - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	2	2.2	2.1	2.1%
Germany	0.4	0.4	0.4	1.9%
France	0.4	0.4	0.3	-5.5%
Japan	0.4	0.3	0.3	-10.3%
Poland	0.2	0.2	0.3	6.0%

In value terms, the United States ($2.1B) constitutes the largest market for imported led lamps worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Germany ($428M), with a 6.2% share of global imports. It was followed by France, with a 4.9% share.

In the United States, led lamp imports expanded at an average annual rate of +2.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (+1.9% per year) and France (-5.5% per year).

LED Lamp - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	5.7	5.4	5.8	0.9%
France	0.3	0.4	0.4	10.2%

In value terms, China ($5.8B) remains the largest led lamp supplier worldwide, comprising 78% of global exports. The second position in the ranking was occupied by France ($354M), with a 4.7% share of global exports.

In China, led lamp exports remained relatively stable over the period from 2018-2020.

LED Lamp - Market Forecast

Driven by rising demand for led lamp worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.