Malaysia: Semiconductor Led Market 2024

Semiconductor Led Market Size in Malaysia

In 2021, the Malaysian semiconductor LED market increased by 144% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Semiconductor Led Production in Malaysia

In value terms, semiconductor LED production skyrocketed to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 131% against the previous year. Semiconductor LED production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Semiconductor Led Exports

Exports from Malaysia

In 2021, overseas shipments of semiconductor light emitting diodes (LEDs) increased by 7% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when exports increased by 142%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, semiconductor LED exports surged to $X in 2021. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 86% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for semiconductor LED exports from Malaysia, accounting for a 32% share of total exports. Moreover, semiconductor LED exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X units), twofold. The third position in this ranking was taken by Vietnam (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-0.3% per year) and Vietnam (+32.1% per year).

In value terms, the United States ($X) remains the key foreign market for semiconductor light emitting diodes (LEDs) exports from Malaysia, comprising 32% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 14% share of total exports. It was followed by Vietnam, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+10.6% per year) and Vietnam (+46.4% per year).

Export Prices by Country

The average semiconductor LED export price stood at $X per unit in 2021, with an increase of 9% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 140%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Vietnam ($X per unit) and Mexico ($X per unit), while the average price for exports to Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into Malaysia

In 2021, imports of semiconductor light emitting diodes (LEDs) into Malaysia surged to X units, picking up by 64% on the previous year. In general, imports posted resilient growth. The growth pace was the most rapid in 2017 when imports increased by 179% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, semiconductor LED imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest semiconductor LED supplier to Malaysia, with a 53% share of total imports. Moreover, semiconductor LED imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. The third position in this ranking was taken by Japan (X units), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+18.4% per year) and Japan (+9.1% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to Malaysia, comprising 53% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by Japan, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+9.9% per year) and Japan (+1.2% per year).

Import Prices by Country

In 2021, the average semiconductor LED import price amounted to $X per unit, stabilizing at the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 130% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (-7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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