Eastern Asia: Semiconductor Led Market 2024

Semiconductor Led Market Size in Eastern Asia

In 2022, the East Asian semiconductor LED market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, saw a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Semiconductor Led Production in Eastern Asia

In value terms, semiconductor LED production declined to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Semiconductor Led Exports

Exports in Eastern Asia

After two years of growth, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, semiconductor LED exports dropped markedly to $X in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Taiwan (Chinese) represented the main exporter of semiconductor light emitting diodes (LEDs) in Eastern Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Hong Kong SAR (X units), Japan (X units) and South Korea (X units), together achieving a X% share of total exports.

Exports from Taiwan (Chinese) increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese), Hong Kong SAR and South Korea increased by X, X and X percentage points, respectively.

In value terms, the largest semiconductor LED supplying countries in Eastern Asia were Hong Kong SAR ($X), Japan ($X) and South Korea ($X), together accounting for X% of total exports.

Among the main exporting countries, Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to less than $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Taiwan (Chinese) (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the export price figures.

Semiconductor Led Imports

Imports in Eastern Asia

In 2022, overseas purchases of semiconductor light emitting diodes (LEDs) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a slight descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then contracted dramatically in the following year.

In value terms, semiconductor LED imports dropped sharply to $X in 2022. Over the period under review, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR was the largest importer of semiconductor light emitting diodes (LEDs) in Eastern Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Japan (X units) held the second position in the ranking, distantly followed by South Korea (X units). All these countries together held near X% share of total imports. Taiwan (Chinese) (X units) took a little share of total imports.

Imports into Hong Kong SAR increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR, South Korea and Japan increased by X, X and X percentage points, respectively.

In value terms, Hong Kong SAR ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Hong Kong SAR, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a mild slump. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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