LEDinside: LED light bulb retail price differed in January 2013, prices declined most significantly in the Japanese market

According to LEDinside, a research division of Trendforce, investigation on the latest LED light bulb retail price showed that global LED light bulb retail price remained volatile in January 2013. The retail price of 40W equiv. LED lamps increased by 4% to USD19.4. Fewer new products were introduced in each region, and fluctuation in the price of original products increased. The average price of 60W equiv. LED lamp fell by 4.3% to USD29.6. Prices declined most significantly in the Japanese market.

 

Prices in each region differed during the New Year holiday, price adjustment leads to an exciting year for the LED lighting market

LEDinside indicated that the global average price of 40W equiv. and 60W equiv. LED lamps differed more significantly in January, and price decline was more obvious in Japan. Several brands such as IRIS OHYAMA started to significantly reduce the promotional price, and the price of new products was lower. As for the global market, due to the New Year holiday, prices in each region fluctuated in January. Vendors reduced inventory by lowering the price, but also increased the price to end the promotional period; this has caused the difference in product prices.

In addition, following the trend in 4Q12, Korean vendors continued to sell products for reasonable prices in the US and European markets. For example, LG launched new 14W LED lamps in European markets to replace 60W incandescent lamps with a luminous flux of 850 lumens, with the price set around USD 28-30, slightly lower than the average price. LEDinside indicated that following the transition and adjustments after the New Year holiday, manufacturers will implement new strategies and actions. This year will be an exciting year for the LED lighting market.

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