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Lighting industry started smoothly in 2017
In January-February, the industrial added value growth rate of the lighting electrical industry reached 7.8%, which was the same as the growth rate of the light industry, higher than the national average growth rate; the main business income growth rate reached 7.6%, lower than the average growth rate of the manufacturing industry 6 Percentage points; profit growth rate of 7.2%, lower than the average growth rate of the manufacturing industry by nearly 20 percentage points. Recently, the China Light Industry Federation held a quarterly economic operation analysis meeting to analyze and discuss the development of more than a dozen key industries in light industry including lighting. In January-February, the industrial added value growth rate of the lighting electrical industry reached 7.8%, which was the same as the growth rate of the light industry, higher than the national average growth rate; the main business income growth rate reached 7.6%, lower than the average growth rate of the manufacturing industry 6 Percentage points; profit growth rate of 7.2%, lower than the average growth rate of the manufacturing industry by nearly 20 percentage points. In terms of exports, in the first two months of 2017, the export of traditional electric light source products continued to drop sharply. The export volume of incandescent lamps fell by more than 15% year-on-year, while the export value fell by more than 35%. The golden tail effect of incandescent products is gradually disappearing. Fluorescent lamp exports have fallen by more than 20%, with compact fluorescent lamps dropping more than other types of fluorescent lamps, mainly due to the rapid development of LED replacement bulbs. The export of lighting products fluctuated, and the export of fixed lamps increased by more than 10% year-on-year. The export volume of portable lamps still showed a downward trend, but the export value increased slightly year-on-year. Since January of this year, the new product code (85395000) for LED bulbs/tubes has been added. From the export data of the previous two months, the number of LED replacement light sources has been equal to the total export volume of fluorescent products, reaching 3 Billion only, the export value is 370 million US dollars. Among the major export destinations, the number of LED bulbs/tubes exported to North America exceeds 25% of the total exports, while the export volume accounts for 38% of the total exports. The LED lighting products in the North American market are not only large, And the price is good, the average export price is more than 1.7 dollars. The average unit price of LED replacement light source products exported to Russia is about 0.65 US dollars, and the similar products exported to the Indian market account for 8% of the total export volume, but the average price is only 0.2 US dollars. At present, the light industry manufacturing industry generally has a continuous increase in comprehensive costs, and the profit space is squeezed, including the lighting industry, the problem of labor shortage in different degrees, new production formats and new consumption patterns for traditional enterprises. The impact is obvious. According to China's photo-coordination research, the large-scale enterprises in the lighting industry have a good start situation, and the order situation is basically good. The traditional lighting enterprises continue to maintain their dominant position in the domestic and foreign markets after the transformation of LED production.