Germany: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2025

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Germany

In 2021, the German market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) increased by 5.9% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption, however, posted a resilient expansion. Consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Germany

In value terms, LCD or LED indicator panel production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a resilient increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 61% against the previous year. Production peaked in 2021 and is expected to retain growth in years to come.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from Germany

In 2021, approx. X units of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were exported from Germany; with a decrease of -16.1% against the year before. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 12%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, LCD or LED indicator panel exports declined to $X in 2021. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X units), Poland (X units) and France (X units) were the main destinations of LCD or LED indicator panel exports from Germany, with a combined 28% share of total exports. The United States, Romania, Switzerland, Spain, Finland, the UK, Italy, the Czech Republic, Hungary and Bulgaria lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +43.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for LCD or LED indicator panel exported from Germany were the United States ($X), Austria ($X) and France ($X), together comprising 26% of total exports. These countries were followed by Poland, Switzerland, the UK, Italy, Romania, Hungary, Spain, the Czech Republic, Finland and Bulgaria, which together accounted for a further 36%.

In terms of the main countries of destination, Bulgaria, with a CAGR of +25.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2021, rising by 6.1% against the previous year. Over the period under review, the export price recorded modest growth. The growth pace was the most rapid in 2017 when the average export price increased by 13%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Poland ($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 Poland (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into Germany

In 2021, purchases abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2017 when imports increased by 16%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, LCD or LED indicator panel imports reached $X in 2021. In general, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 30%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of LCD or LED indicator panel to Germany, accounting for a 55% share of total imports. Moreover, LCD or LED indicator panel imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), sixfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+29.9% per year) and Taiwan (Chinese) (-6.2% per year).

In value terms, China ($X) constituted the largest supplier of LCD or LED indicator panel to Germany, comprising 42% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 13% share of total imports. It was followed by Austria, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+0.6% per year) and Austria (+28.6% per year).

Import Prices by Country

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2021, increasing by 3.2% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2017 an increase of 12%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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