Home > News > Industry News > LED lighting in the short-term or there is an order return, the domestic market chain effect impact
News
Contact Us
Add: 1006-1008, Huatong Building, Sungang East Road, Luohu District, Shenzhen City,China Tel: +86-755-33221366  +86-755-33221388  +86-755-33221382  +8...
Contact Now
News

Skycrops 17oz Baroque Etched Stainless Steel Wine Glasses: Food-Grade, Versatile for Outdoor & Home Use

This article introduces Skycrops Baroque etched stainless steel wine glasses. Made of food-grade material, they are corrosion-resistant and shatterproof, suitable for various scenarios. Combining Baroque art with modern design, the black/copper plating is both aesthetic and practical, and they are lightweight and portable.

Unlock Professional Mixology with Skycorps 18-Piece Bartender Kit

Discover Skycorps 18-piece bartender kit: premium stainless steel, comprehensive tools, ergonomic design. Ideal for pros & beginners to craft perfect cocktails anywhere.

Semi-Circular Auto-Rotating Pizza Oven: Redefine Outdoor Baking with Technological Elegance

Semi-circular pizza oven with AA battery-powered auto-rotation. Fast heating, uniform baking, portable—ideal for outdoor events, camping & commercial use.

Trapezoidal 360° Auto-Rotating Pizza Oven: Redefine Outdoor Baking Technology

Trapezoidal 360° auto-rotating pizza oven: stainless steel, rapid heating, all-weather outdoor use—ideal for camping & parties.

Elevate Your Home Bar with the Skycorps 18-Piece Bartender Kit

Skycorps 18-piece bartender kit with Baroque design, stainless steel tools, and pro shaker—perfect gift for cocktail lovers.

Fuel the Outdoor Cooking Boom: Skycorps 360° Pizza Oven for Fast & Flavorful Moments

360° rotation, fast heat, ideal for backyard, patio, tailgating & camping fun.

Professional Bartending Essential: Skycorps 28/18 oz Mirror Cocktail Shaker Set (11-Piece)

28/18oz mirror-finish stainless steel bartender kit with 11 pieces. This article highlights its professional-grade design for home mixology and bar setups.

Elevate Your Mixology Game: Skycorps Copper-Plated Cocktail Shaker Set Review

Today, we're reviewing the Skycorps Copper-Plated Cocktail Shaker Set, a masterpiece that seamlessly blends Baroque aesthetics with professional-grade functionality.

Unlock the Infinite Charms of Pizza Ovens: Why They're a Must-Have for Cooking Enthusiasts

In the world of gourmet cooking, pizza ovens are increasingly becoming the favorite of many cooking enthusiasts and professional chefs. From family kitchens to outdoor gatherings, and from traditional Italian pizzas to creative dishes, pizza ovens bring a brand-new experience to food preparation with their unique advantages. Let’s delve into the various advantages of pizza ovens and uncover the secrets behind their popularity.

Crafting the Perfect Whiskey Sour: Professional Tools Meet Timeless Flavor

Master the Whiskey Sour with Skycorps 6pc copper/plated bartender kit. Features baroque design, precise tools, and durable stainless steel for perfect cocktails at home or events.
Certifications

LED lighting in the short-term or there is an order return, the domestic market chain effect impact

LED lighting in the short-term or there is an order return, the domestic market chain effect impact

2018-11-12 11:14:45

The price competition of LED lighting applications is becoming increasingly fierce, and the profit pressure of the industry continues to increase. With the recent stalemate in Sino-US relations, the United States has announced two wave tariff lists since 2018, especially the second round of taxation officially implemented at the end of September. On the 10% list, LED lighting products are involved in a wide range. Whether China and the United States will evolve into a long-term war of resistance still has different prediction arguments, but if the dispute between the two sides fails to calm down, the tariff on the second wave of lists will increase to 25% from 2019.

Stainless Steel Garlic Press manufacturer china

Since 2018, the growth momentum of the global LED lighting market has been weak. From the perspective of regional economic performance, in addition to the strong economic recovery in the US, affected by exchange rates and uncertainties, many emerging economies are facing negative pressures from recession, including India. The regions of Turkey, Argentina and other regions all showed market volatility, which weakened the growth performance of the domestic market. Under the unclear overall economic chaos, the lighting market, which is the demand for people's livelihood, also showed the phenomenon of terminal pulling goods weak.

Stainless Steel BBQ Set manufacturer china

Domestic LED lighting industry revealed that due to the situation of higher tariffs in the United States, the demand for LED terminal lighting in the fourth quarter has rebounded strongly. The downstream industry is worried that the 25% tariff will continue to cost high. The terminal market has emerged in the near future. Orders in the upstream supply chain of LEDs have strengthened. However, in 2018, the price of LED lighting components fell more than expected, and the annual decline was at least 20% to 30%. Under the dilution of LED component price profits, the decline of more than 20% is a severe test for the industry. At the same time, the prices of hardware and raw materials have risen. The lighting finished product manufacturing has also encountered pressure to increase the cost. Now the US tariff range is even worse. Once the tariff is raised to 25% in 2019, some of the costs will be passed on to the upstream supply chain, and the LED industry price reduction competition will be expanded again.

According to industry estimates, the first round of tariff list announced in April 2018 has little impact on China's LED industry, only about 200-300 million US dollars, but the atmosphere of both China and the United States is arrogant for LED lighting. The actual impact is far more than expected. Due to the strong wait-and-see attitude of the market and the lack of stocks by terminal manufacturers, the traditional peak season for LED lighting is not prosperous. As for the second round of tariffs, the related products are more than 30, related to the LED lighting industry. The export volume of products to the United States accounts for nearly 80% of the total exports of domestic lighting products to the United States, equivalent to more than 8 billion US dollars in impact.

The industry believes that the increase in US tariffs coincides with the peak season of consumption at the end of the year. The short-term impact of standardized products such as LED bulbs and lamps should be limited. Since replacement lighting is a necessity for people's livelihood, the current retail price of LED bulbs is even lower than that of power-saving bulbs. Brands and suppliers each make a step back, the basic market demand will be maintained, but the price of embedded LED and design lighting products is relatively high. Since 2018, the lighting brands have gradually increased their prices, and in the future, under the increase of tariffs, LED package purchases may shift positions, and assembly lines will also give priority to existing domestic lines that have been certified.

Stainless Steel Mearsuring Cup supplier china

The industry believes that the second round of tariffs in the United States will put pressure on China's labor and employment market. After the domestic LED factories reduce their exports in the US market, their “seaport” of consumption capacity will shift to other emerging markets, and terminal brands will reduce risks. And controlling inventory, the upstream supply chain will also be more conservative, which will bring gloom to the industrial order, and more seriously, the domestic market problems may eventually expand into global economic problems.

The imbalance of the industrial order may lead to more sequelae of vicious competition, and will also add unpredictable variables to the industrial outlook in 2019.