India: Diode Market 2024

Diode Market Size in India

The Indian diode market soared to $X in 2021, growing by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Diode Exports

Exports from India

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were exported from India; growing by 3.3% compared with 2020 figures. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 30%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, diode exports skyrocketed to $X in 2021. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units), Germany (X units) and the United States (X units) were the main destinations of diode exports from India, with a combined 57% share of total exports. These countries were followed by South Korea, China, Taiwan (Chinese), France, Hong Kong SAR, Italy, Thailand, Norway and Singapore, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +55.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diode exported from India were the United States ($X), the Netherlands ($X) and Germany ($X), together comprising 61% of total exports. These countries were followed by Hong Kong SAR, China, South Korea, Taiwan (Chinese), Singapore, Italy, Thailand, Norway and France, which together accounted for a further 20%.

Among the main countries of destination, Thailand, with a CAGR of +128.6%, saw the highest growth rate of 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

In 2021, the average diode export price amounted to $X per unit, picking up by 42% against the previous year. In general, the export price showed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to France ($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 United States (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into India

Diode imports into India expanded significantly to X units in 2021, growing by 13% compared with 2020. Over the period under review, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2017 when imports increased by 30%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, diode imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Singapore (X units) and Hong Kong SAR (X units) were the main suppliers of diode imports to India, with a combined 69% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +20.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Hong Kong SAR ($X) appeared to be the largest diode suppliers to India, with a combined 69% share of total imports.

Hong Kong SAR, with a CAGR of +22.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diode import price stood at $X per unit in 2021, jumping by 24% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +51.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Australia ($X per unit) and Malaysia ($X per unit), while the price for China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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