Iran: Semiconductor Led Market 2024

Semiconductor Led Market Size in Iran

The Iranian semiconductor LED market shrank slightly to $X in 2021, standing approx. at 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). In general, consumption, however, showed a prominent expansion. Semiconductor LED consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Semiconductor Led Exports

Exports from Iran

In 2021, the amount of semiconductor light emitting diodes (LEDs) exported from Iran soared to X units, growing by 53% on the previous year. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 2,146%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, semiconductor LED exports soared to $X in 2021. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2015 when exports increased by 2,272% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X units), Pakistan (X units) and the United Arab Emirates (X units) were the main destinations of semiconductor LED exports from Iran, with a combined 93% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +114.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Pakistan ($X) and the United Arab Emirates ($X) appeared to be the largest markets for semiconductor LED exported from Iran worldwide, with a combined 90% share of total exports.

Pakistan, with a CAGR of +108.8%, recorded the highest rates of growth with regard to the value of exports, among 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, falling by -17.2% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 46%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to the United Arab Emirates ($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 Uganda (+51.8%), while the prices for the other major destinations experienced a decline.

Semiconductor Led Imports

Imports into Iran

Semiconductor LED imports into Iran fell to X units in 2021, which is down by -1.8% against the year before. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2016 with an increase of 672% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, semiconductor LED imports stood at $X in 2021. In general, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 431% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest semiconductor LED supplier to Iran, with a 86% share of total imports. Moreover, semiconductor LED imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+70.2% per year) and Germany (+70.3% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to Iran, comprising 82% of total imports. The second position in the ranking was taken by Germany ($X), with a 10% share of total imports. It was followed by Thailand, with a 1.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+37.1% per year) and Thailand (+26.8% per year).

Import Prices by Country

In 2021, the average semiconductor LED import price amounted to $X per unit, rising by 5% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+41.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :