GLII: Analysis of LED Lamp Price in China Market in Q1 2012

[Source: "High-tech LED-lighting market" June issue Text / High-tech LED Industry Research Institute (GLII) 】 According to the latest survey report of the High-tech LED Industry Research Institute (GLII), China's LED lamp prices continued in the first quarter of 2012 The decrease was lower, and the average price of high-end products dropped the most, with individual declines exceeding 10%.

the data shows:

Data range: Only LED lamps produced by Chinese companies are selected.

Model: Select the main model T8 1.2m 18W length and T8 0.6m 9W

Lamp, light source using SMD 3528, 3014 white light beads

Time: January 2012 - March 2012

Price: The price data involved is the average price of the market, and the price data does not include the special product data launched on the market.
Product Description: The low end mainly refers to: the light effect is less than 70lm/w, the warranty is about 1 year, the light source is mainly made in China; the middle end refers to the light effect at 70~90lm/w, the warranty is about 2~3 years, the light source is mainly used. Domestic and foreign-funded production enterprises in China; high-end refers to light efficiency above 90lm/w, quality assurance is more than 3 years, and mainly based on exports, the light source mainly uses imported follow-up foreign investment in China's production enterprise products;

LED lamp prices continued to fall in the first quarter of 2012

According to the latest report of the High-tech LED Industry Research Institute (GLII), in the first quarter of 2012, due to the growth of end-user demand, the orders of downstream enterprises have gradually increased, but the competition of LED application products is still fierce, and the supporting materials technology is continuously improving while the price continues. decline. The decline in LED lamp prices in the first quarter of 2012 was more pronounced, as shown in Table 1 below:


In the first quarter of 2012, the price of LED lamps in China dropped by a large margin, with an average decline of about 5-11%. Among them, the high-end LED tube has the largest decline, with the highest drop of 10.8%.

As LED light tubes produced by different light sources (3528, 3014), although there are differences in the number of light sources used and the purchase price, the price reduction of LED tube products is not obvious. From the above table, the price of the LED tube produced by the 3528 light source is slightly lower than that of the LED tube produced by the 3014 light source.

Main factors affecting the continued decline in LED lamp prices

According to the GLII report, the price of LED tubes in the Chinese market continued to decline in the first quarter of 2012. The main reasons that affect the continuous price reduction of LED lamp prices in China are as follows:

(1) The government's support policies and the invisible push of the capital market have led to a significant increase in demand in the terminal market since last year, and the production scale effect of lighting fixtures has become increasingly apparent.

(2) The decline in the price of raw materials, especially light sources, directly led to the continuous decline in the ex-factory price of LED tubes. In the LED tube, the cost of the light source is relatively large, and the GLII statistical data shows that the cost of the light source in the LED tube varies from 25 to 48%. Since last year, the price of LED light sources in the domestic market has continued to decline, and the decline is greater than that of LED tubes.

According to GLII data, the average price of LED light sources in the first quarter of 2012 decreased by more than 8.5%, and some even reached 16%. GLII expects that LED lamp prices will continue to fall due to the continued decline in the price of LED light sources in the future.

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