U.S. - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for LCD or LED Indicator Panel in the United States - 2023
Contents:
- Price for LCD or LED Indicator Panel in the United States (CIF) - 2022
- Price for LCD or LED Indicator Panel in the United States (FOB) - 2023
- Imports of LCD or LED Indicator Panel in the United States
- Exports of LCD or LED Indicator Panel in the United States
Price for LCD or LED Indicator Panel in the United States (CIF) - 2022
In 2022, the average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $13 per unit, shrinking by -2.5% against the previous year. In general, the import price, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $14 per unit, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($50 per unit), while the price for Thailand ($7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for LCD or LED Indicator Panel in the United States (FOB) - 2023
The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $28.7 per unit in July 2023, waning by -66.7% against the previous month. In general, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in August 2022 an increase of 334% m-o-m. Over the period under review, the average export prices attained the peak figure at $94.1 per unit in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($28.3 per unit), while the average price for exports to Mexico ($5.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of LCD or LED Indicator Panel in the United States
For the third consecutive year, the United States recorded decline in purchases abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD), which decreased by -11.3% to 82M units in 2022. Overall, imports saw a deep slump. The smallest decline of -6.3% was in 2021. Over the period under review, imports hit record highs at 155M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, LCD or LED indicator panel imports contracted to $1.1B in 2022. In general, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $1.3B, and then fell in the following year.
Import of LCD or LED Indicator Panel in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 307 | 295 | 307 | 317 | 1.1% |
China | 258 | 175 | 201 | 236 | -2.9% |
Taiwan (Chinese) | 148 | 132 | 139 | 160 | 2.6% |
Canada | 45.1 | 31.0 | 42.2 | 68.6 | 15.0% |
Malaysia | 102 | 51.5 | 44.9 | 59.5 | -16.4% |
Mexico | 64.3 | 42.1 | 40.8 | 52.2 | -6.7% |
Japan | 51.9 | 47.5 | 38.2 | 30.8 | -16.0% |
Thailand | 26.2 | 53.8 | 30.8 | 25.7 | -0.6% |
Belgium | 9.8 | 17.2 | 21.6 | 20.5 | 27.9% |
Israel | 23.8 | 31.1 | 26.0 | 17.9 | -9.1% |
Others | 173 | 123 | 384 | 115 | -12.7% |
Total | 1,210 | 998 | 1,275 | 1,103 | -3.0% |
Top Suppliers of LCD or LED Indicator Panel to the United States in 2022:
- China (30.6M units)
- Vietnam (15.4M units)
- Taiwan (Chinese) (9.1M units)
- Canada (8.7M units)
- Thailand (3.6M units)
- Belgium (2.6M units)
- Israel (2.3M units)
- Mexico (2.2M units)
- Malaysia (1.9M units)
- Japan (0.6M units)
Exports of LCD or LED Indicator Panel in the United States
In 2022, overseas shipments of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were finally on the rise to reach 22M units after two years of decline. Over the period under review, exports, however, continue to indicate a sharp downturn. Over the period under review, the exports hit record highs at 63M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, LCD or LED indicator panel exports expanded markedly to $606M in 2022. Overall, exports, however, continue to indicate a mild decrease. The exports peaked at $631M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of LCD or LED Indicator Panel in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 130 | 89.1 | 84.7 | 121 | -2.4% |
Canada | 116 | 93.4 | 80.3 | 72.5 | -14.5% |
Japan | 22.3 | 32.7 | 31.2 | 35.9 | 17.2% |
United Kingdom | 31.6 | 25.0 | 27.1 | 33.5 | 2.0% |
Brazil | 31.2 | 22.4 | 29.0 | 31.0 | -0.2% |
Australia | 19.9 | 20.8 | 24.2 | 23.7 | 6.0% |
Germany | 20.3 | 18.0 | 19.1 | 23.0 | 4.3% |
China | 20.1 | 26.3 | 26.0 | 21.8 | 2.7% |
Italy | 14.3 | 12.2 | 17.2 | 20.5 | 12.8% |
Israel | 15.6 | 11.4 | 11.6 | 16.5 | 1.9% |
Hong Kong SAR | 15.5 | 6.3 | 5.8 | 13.9 | -3.6% |
France | 36.5 | 18.5 | 16.7 | 12.7 | -29.7% |
Norway | 7.2 | 6.3 | 6.0 | 6.6 | -2.9% |
Others | 151 | 148 | 174 | 174 | 4.8% |
Total | 631 | 531 | 553 | 606 | -1.3% |
Top Export Markets for LCD or LED Indicator Panel from the United States in 2022:
- Australia (undefinedM units)
- United Kingdom (undefinedM units)
- Mexico (7.6M units)
- Canada (4.6M units)
- Italy (2.0M units)
- Israel (1.6M units)
- Hong Kong SAR (0.9M units)
- Brazil (0.6M units)
- Japan (0.6M units)
- China (0.5M units)
- Norway (0.4M units)
- France (0.2M units)
- Germany (0.1M units)
This report provides an in-depth analysis of the market for lcd or led indicator panel in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27902020 - Indicator panels incorporating liquid crystal display (LCD)
- Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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