In the first half of 2019, China’s lighting industry exports totaled approximately US$21.86 billion, a slight increase of 4.08%.
In the first half of 2019, China exported a total of 4.58 billion light source products, a decrease of 6.90% year-on-year; among them, 922 million incandescent lamps and 210 million tungsten halogen lamps; 458 million compact fluorescent lamps and 149 million straight fluorescent fluorescent lamps; HID lamps totaled 28 million; LED light sources reached 2.820 billion, accounting for 61.5%, and the proportion increased year-on-year (58% in the same period of last year); while traditional light sources still accounted for 38.5%, the replacement market still has certain potential.
(1) Traditional light source: the falling of the tungsten halogen product
With the replacement of related LED lighting products and the elimination of high-energy-consuming products around the world, traditional lighting products include incandescent lamps and tungsten halogen lamps for thermal radiation sources, and compact fluorescent lamps for fluorescent lamps.
Straight tube/ring fluorescent lamps, as well as high-pressure mercury lamps, high-pressure sodium lamps and metal halide lamps for high-intensity gas discharge lamps, are almost double-digit declines, especially in tungsten halogen lamps with relatively stable trends.
Previously, tungsten halogen lamps were favored by the European and American markets for their excellent light color quality and high efficiency relative to incandescent lamps. However, due to their export markets, Europe, the United States and Australia have successively introduced halogen lamps for general lighting. The ban makes it really step into the accelerated down range. As can be seen from the above figure, September 1st, 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 export quantity and amount of tungsten halogen lamps have fallen off the cliff, in the first half of 2019. The export volume was 210 million, down 58.01% year-on-year; the export value was US$71 million, down 53.04% year-on-year. The unit price increased, because the tungsten halogen lamp products that are not in the forbidden sale are mainly reflective units with higher unit price. And special lighting applications. Under this circumstance, related LED replacement products such as LED filament lamps or SMD multi-faceted luminescent bulbs and other similar products should usher in a round of alternative opportunities.
(2) All kinds of lamps: there is a slight fluctuation in the trend.
The main lighting products, including the HS code of 94051000 “chandeliers and ceiling or wall electrical lighting devices”, that is, fixed lighting; HS code is 94052000 “electrical table lamp, bedside lamp or floor lamp”, you can The movable luminaire; and the “unlisted electric lights and lighting devices” with the HS code of 94405090, namely outdoor lighting and some
LED lighting
The export of these types of lighting products mainly reflects the fundamental situation of the national economic needs of various countries, and is also the main force driving the development of the export of the entire lighting products. The development curve also reflects that the global economy is still at a low point and is in a difficult recovery period. LED lamps are also increasing in proportion, such as indoor downlight/spotlights, panel lights, high bay lights, linear lights, outdoor cast/flood lights, lawn lights/garden lights, street lights/tunnel lights, etc. Products have gradually become the main force.