The data analysis of Chinese export of LED lighting product to Iran

The data analysis of Chinese export of LED lighting product to Iran

Summary

In recent years,the Middle East invested much in infrastructure construction, forming a huge purchasing power.

The data analysis of Chinese export of LED lighting product to Iran
Middle East is rich in resource,with a high level of economic development. In recent years,the Middle East invested much in infrastructure construction, forming a huge purchasing power,meanwhile LED substantial increase in market demand.And Iran becomes an important exportmarket of China LED lighting products in the Middle East .
2015 China LED lighting product exports to Iran of US $ 86.19 million, down 11.4% from the same period in 2014. Global market ranking in Iran dropped to 28 in 2015 from ranking 28 in 2014, a decrease of 5 ranking. As of the fourth quarter of 2015,China only exported US $ 23.16 million of LED lighting product to Iran, compared with the same period in 2014 increased by 27.6%.
When analyzed from the export volume and unit price, from an overall rspective,China's  LED lighting products exported to Iran showed a phenomenon of that amount increased while price decreased in 2015. 2015, the number of LED lighting products exproted from China to Iran is 39.31 million, representing an increase of 77.7% in 2014, priced at $ 1.50 each, decreased 26.2% year on year compared with 2014 . As of the fourth quarter of 2015, China's LED lighting products exported to Iran is 10.14 million of number, an increase of 24.8% compared with the fourth quarter of 2014, priced at $ 1.40, down about 4.7% year on year.
2015, the type-not-listed LED lighting product exproted from China to Iran is $ 46.79 million, increased by 18.9% compared with the same period in 2014, accounting for about 54.3% of total exports. Amoung the type-listed lighting products, bulb, light bar and flat light ranked the top three, its exports totaled US $ 19.74 million, accounting for about 50.1% of the type-listed product of total exports. From the analysis of the growth rate, the growth rate of about 88.5% product types have different degrees of decline, the products of high value-added fixture fell most fastly such as the aquarium lights, stage lights, tunnels lights and cabinet lights, the rate of decline substantially around 100%. The export of Buried lights, modules and bulb lamp is in a rising state.
By 2015,the number of enterprise exproting LED lighting products from China to Iran is 650, compared with Q3 in 2014, the number of enterprises decreased 63. 2015 compared with 2014, there are 544 new enterprises to enter the Iranian market, while there are 481 enterprises to exit the Iranian market. Out of business and new business was essentially flat, on account of the turmoil, most of the companies entering the Iranian market still wait and see attitude. 
In the view of orders, there are 2807 orders from China exports to Iran of LED lighting products in 2015,in which orders maximum amount is up to $ 744,000, the minimum order amount is  $ 2, and the average order amount is $ 30,000. In all of the order amount, there are about 72% of the order amount is less than the average order value.
We cross-over analyzed product type and enterprise, we can get that the highest bulb exports companies is Mulinsen (002,745) Co., Ltd., is about nine times of the company's exports in 2014, accounting for 7.2% of total light bar exports; the highest light bar exports' companies is Xiamen Peng Rong Optical Co., Ltd.; the highest exports of flat light is Zhongshan Jia Xin Import and Export Co.; spotlights companies with the highest exports is Tianjin Port (600717) Free Trade Zone Iraqi-run international Trade Limited.
From the analysis of export brand, in 2015 China's exports to Iran of LED lighting is of very few brands, including "unlicensed" and "default"  two types of brands of which the total exports amounted to $ 79.7 million, accounting for 92.5% of total exports in 2015, the proportion accounted for the vast majority. Exclusing the "unlicensed" and "default" these two brands, ELITE exports ranked No. 1, followed by OPPLE and SPARK two brands ranked No. 2 and 3.