Spain: Semiconductor Led Market 2024

Semiconductor Led Market Size in Spain

The Spanish semiconductor LED market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, continues to indicate a significant increase. Semiconductor LED consumption peaked at $X in 2021, and then dropped in the following year.

Semiconductor Led Production in Spain

In value terms, semiconductor LED production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then declined in the following year.

Semiconductor Led Exports

Exports from Spain

In 2022, the amount of semiconductor light emitting diodes (LEDs) exported from Spain expanded modestly to X units, with an increase of X% against 2021 figures. In general, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, semiconductor LED exports rose notably to $X in 2022. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X units), France (X units) and Chile (X units) were the main destinations of semiconductor LED exports from Spain, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for semiconductor LED exported from Spain were Portugal ($X), France ($X) and Italy ($X), with a combined X% share of total exports.

Among the main countries of destination, Portugal, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average semiconductor LED export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Chile (less than $X 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 Peru (X%), while the prices for the other major destinations experienced mixed trend patterns.

Semiconductor Led Imports

Imports into Spain

In 2022, the amount of semiconductor light emitting diodes (LEDs) imported into Spain fell to X units, waning by X% on 2021 figures. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, semiconductor LED imports shrank dramatically to $X in 2022. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of semiconductor LED to Spain, with a X% share of total imports. Moreover, semiconductor LED imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), sevenfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to Spain, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Germany (X% per year).

Import Prices by Country

The average semiconductor LED import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and the Netherlands ($X per unit), while the price for Portugal ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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