Greentech Lead America:The pricing of LED light bulb declined in January 2013 most significantly in Japanese markets , says new research from LEDinside, a research division of Trendforce.The retail price of LED replacements of 40W bulbs increased 4% to 19.4USD. The average price of LED replacements of 60W bulbs fell 4.3% to 29.6USDFewer new products were introduced in each region, and fluctuation in the price of original products increased. The average price of LED replacements of 60W bulbs fell 4.3% to 29.6USD.
In January, the global average retail price of LED replacements of 40W bulbs increased 4% to 19.4USD.
In the UK, prices increased 14%; the price of part of the original products increased significantly after the promotional period, and no new products were introduced.
In Germany, prices increased 5.1%; the price of original products increased, a fall in the exchange rate also resulted in the increased price, and no new products were introduced.
In the US, the average price increased 5.5%, fewer new products were introduced in the market, and the price of original products slightly increased.
In Korea, prices slightly increased 0.9%, the price of original products remained flat, a fall in the exchange rate resulted in the increased price, and no new products were introduced.
In Japan, prices fell 7.7%, the price of original products slightly fluctuated, the price of part of the products decreased significantly, and a rise in the exchange rate also resulted in price decline.
LEDinside indicated that the global average price of LED light bulb replacements of 40W and 60W bulbs differed more significantly in January, and price decline was more obvious in the Japanese market.
Several original 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 Q4 of 2012, Korean vendors continued to sell products for reasonable prices in the US and European markets. For example, the price in the European market of LED light bulb replacements of traditional 60W incandescent light bulbs with a luminous flux of 850 lumens introduced by LG in January is approximately 28-30USD, 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.