While the global average retail price for LED light bulbs equivalent to 40W incandescent bulbs in November dropped on month by 2.7% to US$15.4, the corresponding average retail price in the China market fell by as much as 20.6% due to vendors' price cuts to promote sale, according to LEDinside under Taiwan-based TrendForce.
In the China market, for example, retail prices for Osram 8W LED light bulbs with luminous flux of 470 lumens slipped from nearly US$20 in October to about US$8 in November and that for 9.5W models of 810-lumen luminous influx from about US$14 to US$7, LEDinside indicated.
Global sales volume of LED light bulbs in 2014 will rise by 86% on year, LEDinside pointed out.
LEDinside: On-month changes in average retail price for LED light bulbs in different markets, November 2013
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LEDinside: On-month changes in average retail price for LED light bulbs in different markets, November 2013 |
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Market |
On-month percentage change in average retail price |
|
|
Models in place of 40W incandescent bulbs |
Models in place of 60W incandescent bulbs |
|
|
US |
0.6% |
2.5% |
|
UK |
5.6% |
5.2% |
|
Germany |
(10.3%) |
1.2% |
|
China |
(20.6%) |
(8.6%) |
|
Japan |
(1.6%) |
(5.2%) |
|
South Korea |
(0.4%) |
0.4% |
|
Taiwan |
0.3% |
(0.5%) |
