Hong Kong SAR, China - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Hong Kong SAR - 2022
Contents:
- Semiconductor LED Price in Hong Kong SAR (CIF) - 2022
- Semiconductor LED Price in Hong Kong SAR (FOB) - 2022
- Semiconductor LED Imports in Hong Kong SAR
- Semiconductor LED Exports in Hong Kong SAR
Semiconductor LED Price in Hong Kong SAR (CIF) - 2022
The average semiconductor LED import price stood at $8.8 per unit in 2022, surging by 5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 123% against the previous year. Over the period under review, average import prices reached the maximum at $29 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($0.3 per unit), while the price for China (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Semiconductor LED Price in Hong Kong SAR (FOB) - 2022
In 2022, the average semiconductor LED export price amounted to $7.7 per unit, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 861%. The export price peaked at $15 per unit in 2016; however, from 2017 to 2022, 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 Japan ($0.1 per unit), while the average price for exports to India (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.1%), while the prices for the other major destinations experienced a decline.
Semiconductor LED Imports in Hong Kong SAR
After three years of growth, overseas purchases of semiconductor light emitting diodes (LEDs) decreased by -13.9% to 523M units in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year. Over the period under review, imports attained the maximum at 607M units in 2021, and then declined in the following year.
In value terms, semiconductor LED imports declined to $4.6B in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, imports attained the peak of $5.1B, and then fell in the following year.
| Import of Semiconductor LED in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,031 | 1,854 | 2,359 | 2,130 | 1.6% |
| Malaysia | 468 | 448 | 752 | 679 | 13.2% |
| Japan | 458 | 631 | 637 | 576 | 7.9% |
| Singapore | 342 | 424 | 447 | 404 | 5.7% |
| Taiwan (Chinese) | 270 | 254 | 294 | 265 | -0.6% |
| Thailand | 115 | 167 | 189 | 171 | 14.1% |
| South Korea | 99.1 | 105 | 122 | 110 | 3.5% |
| Others | 242 | 224 | 284 | 262 | 2.7% |
| Total | 4,024 | 4,107 | 5,085 | 4,596 | 4.5% |
Top Suppliers of Semiconductor LED to Hong Kong SAR in 2022:
- China (60.7B units)
- Taiwan (Chinese) (6.1B units)
- Japan (3.2B units)
- Thailand (2.3B units)
- Malaysia (2.0B units)
- South Korea (1.4B units)
- Singapore (1.2B units)
Semiconductor LED Exports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in shipments abroad of semiconductor light emitting diodes (LEDs), when their volume decreased by -9.5% to 474M units. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 53%. The exports peaked at 524M units in 2021, and then dropped in the following year.
In value terms, semiconductor LED exports dropped to $3.7B in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $4.1B, and then contracted in the following year.
| Export of Semiconductor LED in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,442 | 2,491 | 3,047 | 2,733 | 3.8% |
| United States | 151 | 166 | 209 | 187 | 7.4% |
| Germany | 73.4 | 75.7 | 119 | 107 | 13.4% |
| South Korea | 130 | 78.1 | 112 | 101 | -8.1% |
| Japan | 79.6 | 66.3 | 102 | 91.8 | 4.9% |
| Taiwan (Chinese) | 57.0 | 46.3 | 64.4 | 57.8 | 0.5% |
| Vietnam | 25.5 | 40.6 | 41.5 | 37.3 | 13.5% |
| India | 30.1 | 14.9 | 22.5 | 19.9 | -12.9% |
| Others | 267 | 278 | 349 | 328 | 7.1% |
| Total | 3,256 | 3,258 | 4,067 | 3,662 | 4.0% |
Top Export Markets for Semiconductor LED from Hong Kong SAR in 2022:
- China (41.2B units)
- South Korea (3.0B units)
- United States (2.5B units)
- Germany (2.4B units)
- Taiwan (Chinese) (1.7B units)
- India (1.4B units)
- Vietnam (1.2B units)
- Japan (1.1B units)
This report provides an in-depth analysis of the semiconductor led market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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