United Kingdom: Diode Market 2024

Diode Market Size in the UK

The UK diode market soared to $X in 2021, jumping by 20% against the previous year. Overall, consumption, however, showed a perceptible descent. Diode consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Diode Production in the UK

In value terms, diode production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 145%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Diode Exports

Exports from the UK

In 2021, shipments abroad of diodes, other than photosensitive or light emitting diodes decreased by -4.2% to X units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 75%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, diode exports surged to $X in 2021. Over the period under review, exports continue to indicate a perceptible shrinkage. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for diode exports from the UK, with a 72% share of total exports. Moreover, diode exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. Spain (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-2.2% per year) and Spain (-0.6% per year).

In value terms, the largest markets for diode exported from the UK were the United States ($X), Germany ($X) and Spain ($X), together comprising 44% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +11.7%, recorded the highest rates of growth with regard to 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, growing by 26% against the previous year. In general, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 256% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($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 France (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into the UK

In 2021, approx. X units of diodes, other than photosensitive or light emitting diodes were imported into the UK; rising by 6% compared with the previous year. In general, imports enjoyed slight growth. The growth pace was the most rapid in 2013 when imports increased by 65%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, diode imports skyrocketed to $X in 2021. Overall, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest diode supplier to the UK, with a 62% share of total imports. Moreover, diode imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.3% per year) and the Netherlands (-0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of diodes, other than photosensitive or light emitting diodes to the UK, comprising 36% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.8% per year) and the Netherlands (+8.1% per year).

Import Prices by Country

The average diode import price stood at $X per unit in 2021, increasing by 27% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +50.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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