Estonia - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in Estonia - 2022
Contents:
- Semiconductor LED Price in Estonia (CIF) - 2022
- Semiconductor LED Price in Estonia (FOB) - 2022
- Semiconductor LED Imports in Estonia
- Semiconductor LED Exports in Estonia
Semiconductor LED Price in Estonia (CIF) - 2022
The average semiconductor LED import price stood at $16 per unit in 2022, leveling off at the previous year. Over the period under review, the import price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 123%. Over the period under review, average import prices hit record highs at $29 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.5 per unit), while the price for China ($0.1 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) (-12.4%), while the prices for the other major suppliers experienced a decline.
Semiconductor LED Price in Estonia (FOB) - 2022
In 2022, the average semiconductor LED export price amounted to $12 per unit, leveling off at the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semiconductor LED export price increased by +53.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 77%. The export price peaked at $15 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5.2 per unit), while the average price for exports to France ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.
Semiconductor LED Imports in Estonia
In 2022, the amount of semiconductor light emitting diodes (LEDs) imported into Estonia skyrocketed to 4M units, jumping by 74% compared with the year before. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 282%. As a result, imports reached the peak of 5.8M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, semiconductor LED imports soared to $64M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 276% against the previous year. As a result, imports reached the peak of $92M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Semiconductor LED in Estonia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.6 | 54.3 | 5.3 | 25.9 | 39.2% |
Netherlands | 0.6 | 9.0 | 8.9 | 10.1 | 156.3% |
Germany | 2.0 | 14.6 | 8.2 | 9.3 | 66.9% |
Poland | 1.3 | 2.7 | 2.9 | 3.3 | 36.4% |
Finland | 1.0 | 2.2 | 1.5 | 1.8 | 21.6% |
France | 0.2 | 1.9 | 1.3 | 1.4 | 91.3% |
Others | 9.8 | 7.3 | 8.5 | 12.5 | 8.4% |
Total | 24.5 | 92.1 | 36.4 | 64.3 | 37.9% |
Top Suppliers of Semiconductor LED to Estonia in 2022:
- China (243.1M units)
- Germany (36.5M units)
- Netherlands (29.5M units)
- France (10.3M units)
- Poland (7.0M units)
- Finland (5.5M units)
Semiconductor LED Exports in Estonia
In 2022, semiconductor led exports from Estonia fell slightly to 316K units, which is down by -4% against the previous year. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 8.6%. As a result, the exports reached the peak of 330K units, and then declined slightly in the following year.
In value terms, semiconductor LED exports contracted to $3.7M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.7% against the previous year. As a result, the exports reached the peak of $3.9M, and then declined in the following year.
Export of Semiconductor LED in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 54.0 | 189 | 947 | 748 | 140.2% |
France | 1,297 | 684 | 647 | 670 | -19.8% |
Finland | 1,288 | 450 | 173 | 485 | -27.8% |
Sweden | 84.0 | 263 | 439 | 347 | 60.5% |
Germany | 11.6 | 10.4 | 251 | 198 | 157.5% |
Norway | N/A | 27.0 | 173 | 137 | 125.3% |
Others | 902 | 1,941 | 1,244 | 1,135 | 8.0% |
Total | 3,637 | 3,565 | 3,875 | 3,720 | 0.8% |
Top Export Markets for Semiconductor LED from Estonia in 2022:
- France (12.2M units)
- Finland (4.1M units)
- Norway (1.1M units)
- Sweden (0.7M units)
- Latvia (0.7M units)
- Germany (0.6M units)
This report provides an in-depth analysis of the semiconductor led market in Estonia. 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 26112220 - Semiconductor light emitting diodes (LEDs)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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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