China Lighting Industry Exports, Jan-Feb 2025
China Lighting Industry Exports, Jan-Feb 2025
Into 2025, weak global demand, rising costs, low-priced competition and other issues have not been alleviated, but also superimposed on the intensification of trade barriers, the impact of tariff policy, the reduction of working days, as well as last year's high base effect and other factors, the first two months of China's exports of lighting products fell by 20% year-on-year, accounting for the proportion of electromechanical commodities of about 2.3%, for the first time in eight years, less than 3%. In the electromechanical key export products, the bottom of the export growth rate.
From the point of view of export products:
January-February, China's lighting products export average price growth rate in the downward range, 49 tax code of lighting products export average price fell year-on-year.
In the first two months, the overall cumulative exports of lighting products about 5.6 billion U.S. dollars,, accounting for about 74% of the total exports of all lighting products, a decrease of 2 percentage points over last year. Only removable lamps and lanterns, photovoltaic and designed to use only light-emitting diode (LED) light source of other lamps and lighting fixtures and other lamps and lanterns products exports to maintain growth, the other more than half of the lamps and lanterns products exports declined, down between 1% -55%. In addition to Christmas lights, the vast majority of lamps and lanterns export product exports have declined year-on-year, down between 7% -37%.
January-February, China's electric light source product exports 4.5 billion, up 6% year-on-year. Among them, the total export volume of electric light source for general lighting is about 3.2 billion, an increase of 59% year-on-year. the export volume of LED electric light source products (LED bulbs, LED tubes, LED modules) is about 3 billion, an increase of about 65% year-on-year, accounting for 93% of China's export volume of electric light source for general lighting, an increase of 4% compared with the same period of last year. the export volume of LED module products is about 1.9 billion, an increase of about 164%. Thermal radiation light source, gas discharge light source and other traditional electric light source products exports rose 4% year-on-year, accounting for about 7% of the total exports of electric light source for general lighting. Although the first two months of electric light source product exports showed growth, but the export of the whole is still under pressure downward, the export value of about 900 million U.S. dollars, accounting for about 11% of the total exports of all lighting products,. The reason for this, the price for volume “exacerbated the volume of externalization.
From the point of view of export destinations:
China's exports to Europe and the United States market lighting products exports amounted to about 3.8 billion U.S. dollars, accounting for about 49% of total exports, up 3 percentage points over the same period in 2024. Among them, exports to the United States amounted to about 1.7 billion U.S. dollars, exports to the EU about 1.45 billion U.S. dollars,. In the first two months, China's lighting products to the “Belt and Road” countries along the line of exports of about 3.4 billion U.S. dollars, accounting for 45% of China's total exports of lighting products, compared with the January-February 2024
From a single export destination point of view, January-February China's lighting products exports ranked the top ten markets are: the United States, Germany, the United Kingdom, Japan, Singapore, the Netherlands, Malaysia, Vietnam, Thailand and Saudi Arabia, exports of about 3.7 billion U.S. dollars.
Around 2025 in February the industry's exports in the cold, China Lighting and Electrical Appliance Association in the recent research, to understand the leading manufacturing, national brands, supply chain upstream and midstream, and other different types of some of the foreign trade enterprises export situation, as well as the corresponding countermeasures to be taken by the enterprise.
Short-term: to accelerate the development of the “Belt and Road” and other emerging markets, digging deep into Europe and other tariffs to stabilize the demand for traditional markets, by participating in overseas exhibitions, strengthen customer contact, etc., to diversify regional risks.
Long-term: to accelerate the transformation and upgrading of enterprises, increase investment in research and development, the development of high value-added lamps and lanterns, the construction of overseas warehouses, the development of a diversified global market, and actively create a new pattern of foreign trade in the new period.
In the stage of intelligent lighting market outbreak, high-end market breakthrough is very important for enterprises, technological innovation and brand power are the two core growth engines. Enterprises will further increase the intelligent technology and lighting categories of R & D upgrades, intelligent technology as the core driver, upgrade the global differentiated products + services in different regions of the overall capacity building. At the same time, the planning of key countries to set up factories overseas, to build a global supply chain system, to help own brand in the further expansion of overseas channels.
Enterprises need to abandon the “low-priced rush order” thinking, focus on niche tracks, focus on a single technology or market, actively develop specialized special new products, and shift to the “technology + brand + globalization” strategy, in order to seize structural opportunities in the industry reshuffle.
