China: Semiconductor Led Market 2025

Semiconductor Led Market Size in China

In 2021, after three years of growth, there was significant decline in the Chinese semiconductor LED market, when its value decreased by -5.8% to $X. Overall, consumption saw a resilient increase. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Semiconductor Led Production in China

In value terms, semiconductor LED production declined to $X in 2021 estimated in export price. In general, production enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when the production volume increased by 40%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted modestly in the following year.

Semiconductor Led Exports

Exports from China

For the fifth consecutive year, China recorded growth in shipments abroad of semiconductor light emitting diodes (LEDs), which increased by 24% to X units in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 57%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, semiconductor LED exports surged to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +105.2% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X units), Japan (X units) and the Netherlands (X units) were the main destinations of semiconductor LED exports from China, with a combined 2.3% share of total exports. Brazil, Belgium, Germany, Vietnam, Greece, Pakistan, the United Arab Emirates, Mexico, Ukraine and Poland lagged somewhat behind, together accounting for a further 1.7%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +53.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), India ($X) and Brazil ($X) appeared to be the largest markets for semiconductor LED exported from China worldwide, together accounting for 40% of total exports.

Brazil, with a CAGR of +84.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average semiconductor LED export price stood at $X per unit in 2021, rising by 13% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into China

In 2021, semiconductor led imports into China surged to X units, jumping by 35% compared with the year before. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2014 when imports increased by 75% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, semiconductor LED imports soared to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.7% against 2019 indices. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Cambodia (X units), South Africa (X units) and Vietnam (X units) were the main suppliers of semiconductor LED imports to China, together accounting for less than 0.1% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +148.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest semiconductor LED suppliers to China were Japan ($X), Malaysia ($X) and South Korea ($X), with a combined 42% share of total imports. Thailand, Vietnam, Germany, the United States, South Africa, Cambodia and Ireland lagged somewhat behind, together comprising a further 12%.

Among the main suppliers, South Africa, with a CAGR of +423.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average semiconductor LED import price stood at $X per unit in 2021, which is down by -3.2% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 a decrease of -2.1% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+157.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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