The Reasons Of The Continued Growth Of LED Ceiling Light Exports

1. The low contrast base of the same period last year, especially the first quarter. In the first quarter of last year,because of the outbreak of the domestic epidemic, the manufacturing capacity and supply chain were greatly hindered, and delivery difficulties caused exports to drop to the bottom. But this year, the situation has changed sharply.

2. The marginal external demand continues to improve. Although the epidemic in major economies has not been effectively controlled, thanks to the gradual promotion of vaccines, they have been under pressure to restart the economy. For China’ s lighting exports, the margin of external demand has continued to improve. At the same time, demand has been stimulated by monetary easing policies in various countries. The recovery on the supply side is still stronger than that on the supply side, and consumer demand continues to be released.

3. Advance orders on the demand side. Many overseas customers prejudged that the supply and demand imbalance in the upstream of the industrial chain led to a "lack of cores and materials", and they generally placed orders in advance to occupy the capacity and materials of Chinese suppliers.

4. Rising costs push up terminal prices. Although the price transmission from upstream to downstream has a certain time lag, and it is gradually decreasing. However, the soaring prices of raw materials and components caused by the soaring bulk commodities since the fourth quarter of last year, as well as the soaring price of ocean freight, have pushed up terminal prices to a large extent.

5. Product structure changes. Similar to the development trend of the lighting industry in recent years, the growth of light source products is facing the challenge, and its proportion in total exports is declining year by year. So the proportion of integrated lamps with higher unit prices has further increased, which has also contributed to the overall increase in exports.