Australia and Oceania: Semiconductor Led Market 2024

Semiconductor Led Market Size in Australia and Oceania

The semiconductor LED market in Australia and Oceania stood at $X in 2023, surging by X% against the previous year. Overall, consumption, however, recorded a slight contraction. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Semiconductor Led Production in Australia and Oceania

In value terms, semiconductor LED production totaled $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Semiconductor Led Exports

Exports in Australia and Oceania

In 2023, overseas shipments of semiconductor light emitting diodes (LEDs) decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, semiconductor LED exports fell significantly to $X in 2023. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Marshall Islands (X units) represented the key exporter of semiconductor light emitting diodes (LEDs), achieving X% of total exports. Samoa (X units) ranks second in terms of the total exports with a X% share, followed by Fiji (X%). French Polynesia (X units), New Caledonia (X units), Vanuatu (X units) and Papua New Guinea (X units) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Marshall Islands (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Fiji ($X) remains the largest semiconductor LED supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Marshall Islands ($X), with a X% share of total exports. It was followed by Samoa, with a X% share.

In Fiji, semiconductor LED exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Marshall Islands (X% per year) and Samoa (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Fiji ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by French Polynesia (X%), while the other leaders experienced more modest paces of growth.

Semiconductor Led Imports

Imports in Australia and Oceania

In 2023, the amount of semiconductor light emitting diodes (LEDs) imported in Australia and Oceania rose notably to X units, surging by X% on 2022. Over the period under review, imports, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, semiconductor LED imports reached $X in 2023. Overall, imports, however, continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Fiji (X units) represented the largest importer of semiconductor light emitting diodes (LEDs), committing X% of total imports. Samoa (X units) ranks second in terms of the total imports with a X% share, followed by Solomon Islands (X%), New Caledonia (X%) and Papua New Guinea (X%).

Imports into Fiji increased at an average annual rate of X% from 2012 to 2023. At the same time, Samoa (X%), New Caledonia (X%), Papua New Guinea (X%) and Solomon Islands (X%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. Fiji (X p.p.), Samoa (X p.p.), Solomon Islands (X p.p.), New Caledonia (X p.p.) and Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Caledonia ($X) constitutes the largest market for imported semiconductor light emitting diodes (LEDs) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with an X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2023, the average annual growth rate of value in New Caledonia totaled X%. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2023, falling by X% against the previous year. Overall, the import price, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Caledonia ($X per unit), while Samoa ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Caledonia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform