Deep interpretation of the export situation of LED medical lighting market

In the rapid development of the lighting industry today, LED light source has developed rapidly in the fields of intelligent lighting, plant lighting, landscape lighting and medical lighting with its characteristics of fixed point, orientation, high brightness, high purity spectrum, cold light, adjustable color temperature and longevity. With the improvement of medical lighting requirements, LED light sources are rapidly developing due to their special advantages, and the prospects are very bright.

According to the data of relevant research institutions, from 2011 to 2014, the export value of LED medical lighting fixtures in China is a growth trend, and its export volume has also increased from 9% to 25%, and the export market is expanding. The export growth rate was 80%, 100% and 8% respectively. In the first half of 2015, China's LED medical lighting market exports totaled about 3 million US dollars, an increase of 50%. In the first quarter of 2015, exports increased rapidly, reaching $1.72 million, an increase of 133%.

Deep interpretation of the export situation of LED medical lighting market

Figure 1 Quarterly export of LED medical lighting

From the growth trend of quarterly export volume, Q2 exports from Q1 to 2014 have been growing at a high rate in 2012, and the growth rate of Q3 in 2013 reached a maximum of 213.8%. At the beginning of Q3 in 2014, the growth rate of export volume began to slow down. Although the growth rate of Q1 in 2015 rebounded, reaching 133%, the export volume of Q2 in 2015 was 1.2 million US dollars, and the export growth rate was only -2.7%.

(1) The price increase is reduced

From the analysis of export prices, China's LED medical lighting fixtures showed a trend of decreasing prices. In January 2011, the export unit price was US$9533 per unit. As of June 2015, the export unit price fell to US$4,877, a decrease of 50. %about. The number of exports also increased from 6 in January 2011 to 126 in June 2015.

(2) Export markets are dominated by Asia and Latin America

In the first half of 2015, China's LED medical lighting export market was mainly in Asia and Latin America, with an export share of 35% and 32.5% respectively. Compared with the first half of 2014, the export market is more evenly distributed. In the first half of 2014, most of China's LED medical lighting export markets were distributed in Asia, Latin America and Africa, and its exports accounted for about 93% of total exports. In the first half of 2015, Europe’s export share increased by 13 percentage points compared with the first half of 2014, while Africa’s total exports were only US$300,000, a year-on-year growth rate of 497%, but its export share was 19 fewer than the first half of 2014. percentage point.

In the first half of 2015, the top ten export destinations for LED medical lighting exports were: Hong Kong, China, Colombia, Italy, South Korea, Peru, Guatemala, India, Uruguay, and Mexico. Among the top ten exporting countries, five are Latin America (Colombia, Peru, Guatemala, Uruguay, Mexico), four are Asia (India, Hong Kong, South Korea), one African country (Kenya) and one Europe. Country (Italy).

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