Luxembourg: Semiconductor Led Market 2025

Semiconductor Led Market Size in Luxembourg

In 2021, the Luxembourg semiconductor LED market increased by 357% to $X, rising for the third consecutive year after three years of decline. In general, consumption, however, showed a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Semiconductor Led Production in Luxembourg

In value terms, semiconductor LED production skyrocketed to $X in 2021 estimated in export price. Overall, production posted prominent growth. Semiconductor LED production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Semiconductor Led Exports

Exports from Luxembourg

In 2021, overseas shipments of semiconductor light emitting diodes (LEDs) decreased by -27.3% to X units, falling for the third year in a row after four years of growth. Over the period under review, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 78%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, semiconductor LED exports dropped dramatically to $X in 2021. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 50%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units), France (X units) and the Netherlands (X units) were the main destinations of semiconductor LED exports from Luxembourg, together accounting for 80% 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 the Netherlands (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for semiconductor light emitting diodes (LEDs) exports from Luxembourg, comprising 56% of total exports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total exports. It was followed by France, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-22.5% per year) and France (+4.8% per year).

Export Prices by Country

In 2021, the average semiconductor LED export price amounted to $X per unit, increasing by 14% against the previous year. In general, the export price, however, showed a deep 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 Germany ($X per unit), while the average price for exports to Austria ($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 Germany (-1.4%), while the prices for the other major destinations experienced a decline.

Semiconductor Led Imports

Imports into Luxembourg

In 2021, purchases abroad of semiconductor light emitting diodes (LEDs) was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 86% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, semiconductor LED imports dropped modestly to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), China (X units) and Germany (X units) were the main suppliers of semiconductor LED imports to Luxembourg, together accounting for 78% of total imports. These countries were followed by Belgium, Vietnam, France, the Czech Republic, Taiwan (Chinese) and South Korea, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +135.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest semiconductor LED suppliers to Luxembourg were China ($X), Belgium ($X) and the Netherlands ($X), with a combined 69% share of total imports. These countries were followed by Vietnam, Germany, France, the Czech Republic, Taiwan (Chinese) and South Korea, which together accounted for a further 29%.

The Czech Republic, with a CAGR of +106.0%, recorded the highest rates of growth with regard to 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 semiconductor LED import price stood at $X per unit in 2021, shrinking by -7% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 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 Vietnam ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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