China's lighting industry exports in the first quarter of 2019

In the first quarter of 2019, China's lighting industry's total export value was about 9 billion US dollars, an increase of 1.85% year-on-year, with slight overall growth.

In the first quarter of 2019, China exported a total of 2.244 billion light source products, an increase of 3.7% year-on-year; among them, 430 million incandescent lamps and 101 million tungsten halogen lamps; 217 million compact fluorescent lamps and 0.71 billion straight fluorescent lamps; HID lamps totaled 113 million; LED light sources reached 1.413 billion, accounting for 63%, and the proportion increased further (52% in the same period last year); traditional light sources still accounted for 37%, and the replacement market still has certain potential.

China's lighting industry exports in the first quarter of 2019

1. Traditional light source products:

With the replacement of related LED lighting products, traditional lighting products include incandescent lamps and tungsten halogen lamps for heat radiation sources, compact fluorescent lamps and straight tube/circular fluorescent lamps for fluorescent lamps, and high-pressure mercury lamps for high-intensity gas discharge lamps. High-pressure sodium lamps and metal halide lamps, all of which are double-digit declines, with tungsten halogen lamps having the largest decline.

Previously, tungsten halogen lamps were favored by the European and American markets, which are favored by low temperature and high performance, because of their excellent light color quality and high efficiency relative to incandescent lamps. However, due to the export market, Europe and the United States have successively issued banned tungsten halogen lamps for general lighting. Make it really step into the down range. It can be seen from the figure that September 1, 2018, is the node for the elimination of some non-directional tungsten halogen lamps for general lighting in the European Union. Since August 2018, the number and amount of tungsten halogen lamps have declined in a cliff-like manner, and the unit price has increased. Because tungsten halogen lamps that are not in the forbidden sale are mainly reflective and special-purpose products with higher unit prices. In this situation, related LED replacement light source products such as LED filament lamps and other similar products will usher in a new round of opportunities.

2, lighting products:

The main lighting products, including the HS code, is 94051000 "chandeliers and electrical lighting on the ceiling or wall", that is, fixed lighting; and the HS code is 94052000 "electrical table lamp, bedside lamp or floor lamp", which can be moved Type lamps, HS code is 94054090 "Unlisted electric lights and lighting devices", that is, outdoor lighting and some LED lamps, etc. These types of lighting products mainly reflect the basic needs of the national economy, and the development curve of the entire export is very close, development The curve also shows that the global economy is at a low point and is in a difficult recovery period. The proportion of LED products is also increasing. The integrated lighting products such as downlights, panel lights, high-bay lights, and flooding/flooding lights have gradually become the main force. (Note: Every year in February, due to the Spring Festival, it has always been an off-season for export)

3, LED products:

Generally speaking, with the rapid advancement of LED lighting products in recent years, the cost performance has been further improved, and it has gradually spread to various fields of general lighting. Exports have also ushered in rapid growth, but demand has been shrinking and growing. The objective reasons such as the increase in the base number and the peak value of the LED caused by the long life of the LED are caused by the slowdown in the growth of LED lighting products. Its share of the entire export has increased year by year, reflecting the gradual replacement of LEDs for traditional lighting.

In the first quarter of 2019, the export value of LED lighting products was about 6.5 billion US dollars, accounting for 72% of the total export value, a slight increase of 2.97%. (Note: All LED lighting product data mainly comes from multiple customs HS codes, including 85395000 "Light-emitting diode (LED) bulbs (tubes)" added in 2017 in the electric light source category, namely LED bulbs and tubes; 94051000 "chandeliers and electric lighting on ceilings or walls", ie fixed lamps, 94052000 "electrical table lamps, bedside lamps or floor lamps", portable lighting, 94053000 "complete sets of lamps for Christmas trees" And 94054090 "Unlisted electric lights and lighting devices", including other LED lamps and outdoor lamps.)

Among them, the number of LED replacement light sources exported reached 1.413 billion, an increase of 22.52%; the export value was 1.289 billion US dollars, down 5.29%; the export unit price was only 0.91 US dollars, down 22.69% year-on-year, a record low. Among them, the export price of the LED tube is about 2.27 US dollars, and the unit price of bulb export is only about 0.73 US dollars.

From the monthly data of LED replacement light source exports, since the second half of 2018, the monthly export volume of LED replacement light sources has increased year by year, but the export value is negative growth year-on-year. It can be said that although the replacement market still has certain potential, However, it is quite close to its replacement peak; and since January 2018, the monthly product price has been lower than the same period of the previous year, which also reflects the cruel and sustained price competition in overseas markets.


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