2022 Electric light source and related products export analysis

2022年，中国普通照明用电光源产品出口数量约80亿只，同比下降19%。其中，LED灯管和灯泡产品出口约57亿只，占普通照明用电光源出口总量71.5%，同比下降17%；白炽灯、荧光灯等传统电光源产品出口约23亿只，占主要电光源出口总量28.5%，同比下降24.1%。降幅最大的是HID灯，出口量0.3亿只，同比下降42%。紫外线灯管、红外线灯泡、弧光灯等产品，出口数量0.7亿只，同比下降接近20%。

注释：上图仅包含“未列名白炽灯泡，功率≤200W，额定电压＞100V”、“其他卤钨灯”、“紧凑型热阴极荧光灯”、“发光二极管（LED）灯泡”、“发光二极管（LED）灯管”等11个税号的普通照明用电光源产品。“≤12V的未列名白炽灯泡”、“机动车辆用未列名白炽灯泡”等17个税号的电光源及相关产品未包含其中。

Main reasons for the decline in exports of electric light source products: First, the market share of integrated luminaires continues to rise, leading to a contraction in demand for replacement-type electric light source products and a sustained decrease in export volumes; Second, the impact of high inventory levels from the previous year on orders; Third, order transfers caused by production capacity overflow.

2022年，中国电光源及其配件产品出口总额90.8亿美元，占全部照明产品出口总额的14.5%，同比增长1.9%。其中，LED光源产品出口额58.9亿美元，约占电光源及其配件产品出口总额65%，同比下降1.6%；白炽灯、荧光灯等传统电光源产品出口总额约为28.2亿美元，约占电光源及其配件产品出口总额31%，同比增长接近10%。

Note: The image above includes "Incandescent lamps, n.e.s., power ≤200W, rated voltage >100V", "Other tungsten halogen lamps", "Compact fluorescent lamps with hot cathode", "Light-emitting diode (LED) bulbs", "Light-emitting diode (LED) tubes", etc., totaling 30 tariff items of electric light sources and related products.

Export values for all major general-purpose electric light source products in 2022 declined, with decreases ranging from 2% to 36%. Among them, the largest decline was for HID lamps, with export value of approximately $120 million, a year-on-year (YoY) decrease of 36%; the largest increase was for ultraviolet lamp tubes, infrared bulbs, arc lamps, etc., with export value of approximately $560 million, a year-on-year (YoY) increase of over 50%.

In 2022, except for discharge lamp tubes whose export unit price decreased slightly by 2%, the export unit prices of all electric light source products increased, with the increase ranging from 9% to 101%. The largest increase was seen in tungsten halogen lamp products, whose export unit price doubled year-on-year. The unit price increase for LED lamp tubes and light bulb products was close to 15%.

我国是照明产品出口大国，是全球照明产业制造中心和供应链枢纽，中国造照明产品远销世界220余个国家和地区。2022年，我国电光源及其配件产品出口在欧美市场表现平平。特别是欧洲市场明显下滑，同比下降超10%，出口额约19亿美元，约占电光源及其配件产品出口总额21%；北美市场基本保持稳定，同比微增0.5%，出口额约27亿美元，约占电光源出口总额30%。

With the policy dividends of the RCEP agreement gradually being released, China's lighting product exports have performed brightly in emerging markets such as the RCEP region , growing rapidly and partially offsetting the negative impact caused by sluggish growth in European and American markets. In 2022, the value of electric light source products and their accessories exported to RCEP countries exceeded USD 1.7 billion, accounting for approximately 20% of total electric light source exports, with a year-on-year increase of about 15%. The value of electric light source products and their accessories exported to other countries and regions grew by 7.8% year-on-year, accounting for approximately 30% of total electric light source exports.

I. Main LED light source export destination status

Light-emitting diode (LED) light bulb exports totaled approximately 5.13 billion units, a year-on-year decrease of 18.5%. The top five export destinations were the United States, Vietnam, Russia, Brazil, and Indonesia, accounting for about 44% of LED light bulb exports.

Light-emitting diode (LED) tube exports totaled approximately 580 million units, a year-on-year decrease of 2.8%. The top five export destinations were the United States, Saudi Arabia, Malaysia, Brazil, and Hong Kong, China, accounting for about 42% of light-emitting diode (LED) tube exports. The Saudi Arabian market showed significant growth, with a year-on-year increase of 81%.

The total export volume of Light-emitting diode (LED) modules is approximately 450 million units. The top five export destinations are India, Brazil, Russia, Turkey, and Iraq, accounting for about 50% of the total exports of Light-emitting diode (LED) modules. This data reflects to some extent the overflow of China's lighting production capacity.

II. Main Electric light source Export destination situation

Compact hot-cathode fluorescent lamp exports were approximately 210 million units, a year-on-year (YoY) decrease of 32%. The top five export destinations were Indonesia, France, the United States, Mexico, and South Korea, accounting for approximately 48% of compact hot-cathode fluorescent lamp exports. Among them, the French market showed significant growth, with a year-on-year (YoY) increase of 65%.

Other hot-cathode fluorescent lamps exports were about 200 million units, down 14.2% year-on-year (YoY). The top five export destinations were the United States, France, Japan, South Korea and Taiwan, China, accounting for about 59% of other hot-cathode fluorescent lamp exports. Among them, the largest increase was in the French market, up 76% year-on-year (YoY).

III. Main Thermal Radiation Light Sources Export Destinations Situation

Incandescent lamps not elsewhere specified (power ≤200W, rated voltage >100V) export volume was approximately 1.08 billion units, a year-on-year (YoY) decrease of 15.7%. The top five export destinations were the United States, Mexico, Angola, Venezuela, and Vietnam, accounting for approximately 43% of the export volume of incandescent lamps not elsewhere specified (power ≤200W, rated voltage >100V).

Unspecified incandescent lamp exports amounted to approximately 540 million units, a year-on-year (YoY) decrease of 13.9%. The top five export destinations were Cambodia, the United States, Vietnam, Germany, and Japan, accounting for approximately 87% of unspecified incandescent lamp exports.

Other tungsten halogen lamp exports were approximately 220 million units, a year-on-year (YoY) decrease of 56.4%. The top five export destinations were the United States, Cambodia, Russia, the United Kingdom, and India, accounting for approximately 47% of other tungsten halogen lamp exports.