France: Semiconductor Led Market 2024

Semiconductor Led Market Size in France

The French semiconductor LED market soared to $X in 2021, with an increase of 36% against the previous year. In general, consumption enjoyed a noticeable expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Semiconductor Led Production in France

In value terms, semiconductor LED production fell remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 201% against the previous year. As a result, production attained the peak level of $X, and then declined markedly in the following year.

Semiconductor Led Exports

Exports from France

In 2021, semiconductor led exports from France expanded significantly to X units, rising by 9.8% against the previous year. Overall, exports, however, recorded a slight downturn. The pace of growth was the most pronounced in 2020 when exports increased by 54%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, semiconductor LED exports expanded rapidly to $X in 2021. In general, exports showed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 58%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Italy (X units), Singapore (X units) and Germany (X units) were the main destinations of semiconductor LED exports from France, with a combined 63% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +40.1%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for semiconductor light emitting diodes (LEDs) exports from France, comprising 35% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.1% share of total exports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.8% per year) and Germany (-6.9% per year).

Export Prices by Country

The average semiconductor LED export price stood at $X per unit in 2021, surging by 4.1% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, semiconductor LED export price increased by +6.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 68% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Italy ($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 UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into France

In 2021, purchases abroad of semiconductor light emitting diodes (LEDs) increased by 39% to X units, rising for the fifth year in a row after two years of decline. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 110% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, semiconductor LED imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 70%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of semiconductor LED to France, with a 42% share of total imports. Moreover, semiconductor LED imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. Germany (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+34.5% per year) and Germany (+0.1% per year).

In value terms, China ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest semiconductor LED suppliers to France, together accounting for 66% of total imports. These countries were followed by the United States, the Philippines, Spain, Croatia and Malaysia, which together accounted for a further 22%.

In terms of the main suppliers, Croatia, with a CAGR of +96.2%, saw the highest rates of growth with regard to 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, with a decrease of -8.5% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 10% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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