Declining prices drive LED ceiling lamp export growth

The LED ceiling light is a type of lighting fixture that is embedded in the ceiling and does not destroy the perfect unit of ceiling art because of the installation of the lamp. Its biggest feature is to maintain the overall unity and perfection of architectural decoration, both structural aesthetics and lighting practicality, becoming the new darling of LED lighting application market. At present, LED ceiling lamps are widely used in commercial lighting, and the field of home lighting is rapidly infiltrating. The spring of LED ceiling lights is coming!

From the export data of China's LED ceiling lamps in recent years, the export growth rate of LED ceiling lamps is quite amazing. During the three years from 2011 to 2013, the export value of LED ceiling lamps only exceeded 100 million US dollars. By 2014, the export situation was swept away, and the export value reached 3.14 billion US dollars, accounting for 16.91%, a year-on-year growth rate of 1993.3%. Turning over dozens of times, the first step in the export of China's LED lighting products to overseas markets in 2014.

Since the growth rate of China's LED ceiling lamp exports is so amazing, then the question is, which countries are these LED ceiling lights exported to? According to the composition of China's LED ceiling lights export countries from January 2014 to February 2015, the export ranking The top ten countries are the United States (13.5%), Malaysia (9.7%), Singapore (7.5%), Germany (5.2%), China (4.6%), Japan (3.8%), United Arab Emirates (3.7%), Russia ( 3.5%), Indonesia (3.0%). Of course, it is not surprising that these ten countries have entered the top ten export ceiling lamps in China. According to GSC monitoring data, the largest importers of LED lighting products in these ten countries are China (except Malaysia) and LED ceiling lights rank among the top two in the total imports of LED lighting products in the ten countries: the United States ( NO.1: 26.7%), Malaysia (NO.1:58.2%), Singapore (NO.1:44.9%), Germany (NO.1:32.3%), China (4.6%), Japan (NO.2: 3.5%), UAE (NO.1: 34.9%), Russia (NO.1: 37.0%), Indonesia (NO.1: 44.0%).

Investigating the reasons behind the growth of China's LED ceiling lamp exports, in addition to market demand and other factors driven, we must mention the impact of price factors. From January 2011 to February 2015, the average monthly price of China's export LED ceiling lights shows that the average monthly price of LED ceiling lights exports has shown a downward trend, from the highest price of $30/set in 2013 to 10 in 2014. USD/set below; the overall price of the full LED ceiling light in 2014 has not changed much, and it has remained at around $10. It is expected that due to the advancement of LED lighting products technology and cost reduction, the export price of LED ceiling lamps will further decline, and with the penetration of LED ceilings in commercial lighting and home lighting, the demand for LED ceilings will be further released.

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