Report Update Nov 1, 2024

Saudi Arabia - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Semiconductor Led Market 2024

Semiconductor Led Market Size in Saudi Arabia

In 2021, the Saudi semiconductor LED market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption enjoyed a strong expansion. Semiconductor LED consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Semiconductor Led Production in Saudi Arabia

In value terms, semiconductor LED production expanded notably to $X in 2021 estimated in export price. Over the period under review, production posted strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 89%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Semiconductor Led Exports

Exports from Saudi Arabia

In 2021, approx. X units of semiconductor light emitting diodes (LEDs) were exported from Saudi Arabia; which is down by -54% compared with the previous year's figure. In general, exports, however, posted a noticeable expansion. The growth pace was the most rapid in 2015 when exports increased by 1,337%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, semiconductor LED exports declined to $X in 2021. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 313%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Jordan (X units) was the main destination for semiconductor LED exports from Saudi Arabia, accounting for a 57% share of total exports. Moreover, semiconductor LED exports to Jordan exceeded the volume sent to the second major destination, Sudan (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-0.5% per year) and the United Arab Emirates (-2.1% per year).

In value terms, Jordan ($X) emerged as the key foreign market for semiconductor light emitting diodes (LEDs) exports from Saudi Arabia, comprising 46% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 15% share of total exports. It was followed by Sudan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Jordan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-21.7% per year) and Sudan (+19.0% per year).

Export Prices by Country

The average semiconductor LED export price stood at $X per unit in 2021, with an increase of 112% against the previous year. Overall, the export price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 134%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to China ($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 (+179.1%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into Saudi Arabia

In 2021, semiconductor led imports into Saudi Arabia stood at less than X units, therefore, remained relatively stable against 2020 figures. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, semiconductor LED imports surged to $X in 2021. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 208% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for semiconductor light emitting diodes (leds) in the world?

China remains the largest semiconductor led consuming country worldwide, comprising approx. 40% of total volume. Moreover, semiconductor led consumption in China exceeded the figures recorded by the second-largest consumer, Spain, fivefold. India ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of semiconductor light emitting diodes (leds) in the world?

The country with the largest volume of semiconductor led production was China, comprising approx. 48% of total volume. Moreover, semiconductor led production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), fivefold. Japan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of semiconductor light emitting diodes (leds) to Saudi Arabia?

In value terms, China constituted the largest supplier of semiconductor led to Saudi Arabia, comprising 80% of total imports. The second position in the ranking was occupied by Austria, with a 3% share of total imports. It was followed by the United Arab Emirates, with a 1.9% share.

What are the leading importers of semiconductor light emitting diodes (leds) from Saudi Arabia?

In value terms, the largest markets for semiconductor led exported from Saudi Arabia were the UK, Yemen and Nigeria, with a combined 71% share of total exports.

What is the average export price for semiconductor light emitting diodes (leds) in Saudi Arabia?

The average semiconductor led export price stood at $0.1 per unit in 2021, falling by -18.3% against the previous year.

What is the average import price for semiconductor light emitting diodes (leds) in Saudi Arabia?

The average semiconductor led import price stood at $11 per unit in 2021, falling by -18.8% against the previous year.

This report provides an in-depth analysis of the semiconductor led market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023