According to the latest data from the Ministry of Industry and Information Technology, from January to April 2021, among the main products of the national lighting manufacturing industry, the output of lamps and lighting devices was 1.77 billion sets (units, units), a year-on-year increase of 44.4%. In April, the national output of lamps and lighting devices was 480 million sets (sets, units), a year-on-year increase of 22.4%.
Among them, from January to April 2021, the operating income of lighting appliance manufacturing enterprises above designated size nationwide was 113.52 billion RMB, a year-on-year increase of 29.0%; the total profit realized was 5.95 billion RMB, a year-on-year increase of 51.6%.
At the same time, as the impact of the epidemic gradually recedes and the international trade market environment is gradually recovering, my country's foreign trade development continues its growth momentum, and the "three major plans" of superior import and export, trade industry integration, and unimpeded trade have been fully promoted. The "home economy" products continue to drive export growth.
According to the "National Export Key Commodity Value Table for May 2021" issued by the General Administration of Customs, the cumulative export value of lamps, lighting devices and their parts from January to May 2021 was 113.35 billion RMB, an increase of 54.3% year-on-year. Among them, in a single month in May, the export value of lamps, lighting devices and their parts was 24.5 billion RMB.
In 2020, the new crown pneumonia epidemic will spread globally, domestic and foreign lockdown measures will be strengthened, and people will go out shopping less. In the first half of 2020, the overall lighting export value has declined, and it has only begun to rebound since the third quarter of the same year. The signal of recovery in the LED industry in the first half of this year has become clearer.
With the continuous release of market demand suppressed by the epidemic in the early stage, coupled with the rise of emerging markets, internal circulation and new infrastructure and other favorable policies, all links of the LED lighting industry chain in the first quarter of 2021 will remain positive.
According to incomplete statistics from Gaogong LED, seven general lighting companies such as Op Lighting, Sunshine Lighting, Debang Lighting, Foshan Lighting, Sanxiong Aurora, Guangpu Lighting, and Tailong Lighting achieved double profit growth in Q1. Among them, the year-on-year increase of OP Lighting's net profit attributable to its mother was as high as 1996%; Tailong Lighting's net profit attributable to its parent was also as high as 857.55%.
In terms of lighting exports, industry insiders said before that, after the "V" shape reversal in 2020, China's lighting exports will continue to advance in the beginning of 2021. Looking forward to the second quarter of 2021, there is a high probability that the export volume of lighting products will remain high. Lisheng Optoelectronics Chairman Wang Qingping also believes that although the growth rate will slow down, the lighting export market share will maintain a positive growth in 2021.
At present, the strong growth in the export of the lighting industry reflects to a certain extent the competitiveness and development of the lighting market in the country’s exports, opening a new situation in lighting exports, and at the same time injecting a shot of "invigorating agent" into the lighting export enterprises. . In the context of the overall market recovery in 2021, all links of the LED lighting industry chain will maintain improvement for some time to come.
