US Trade War How to Influence China Lighting Market

After the US government imposed a 25% sanction on China's $34 billion imported products on July 6 this year, the Trump administration launched a series of targets on July 10, announcing an additional 10% extra for Chinese American products. A $1 billion tariff. The trade war may be further escalated.

 

In 2017, China's lighting industry's total exports reached 80 billion US dollars, of which about 10 billion US dollars of various lighting products exported to the United States, exports to the United States accounted for 24.5% of total exports. Number of industries. The White House has launched a list of 30 new categories of new targets in nine categories of the Chinese lighting industry, accounting for 67% of total US exports to the US; approximately 82%.

In the US government's new target list, most products are traditional lighting products, such as various tungsten halogen lamps, hot cathode fluorescent lamps, high-intensity gas discharge lamps, discharge lamp ballasts, lighting accessories and various lighting fixtures. . wait. Only some lighting products, such as chandeliers and ceiling lamps, table lamps and bedside lamps, Christmas lights, etc., include some LED lighting products.

 

More than a decade ago, under the guidance of the government and industry organizations, China's lighting appliance manufacturers implemented new lighting technology development and product transformation and upgrading. As some enterprises still have certain traditional lighting production capacity, some manufacturers have seized the golden tail of traditional lighting products in the North American market, so the export volume of these products in the United States is still a certain proportion, accounting for a large proportion. For example, tungsten halogen lamps and energy-saving lamps have always been the favorite products of American consumers. The EU market will not gradually find halogen lamps after 2018, but although the US market is expected to end, the current market boom has not decreased significantly. Energy-saving lamps have been widely distributed in the US market, and they have been the first choice for high-efficiency lighting products in the United States for many years. It is foreseeable that once the US government's new target list is implemented, many American consumers will continue to spend more on consumer habits, or change consumer habits and choose alternative love.

 

At present, China has become the world's largest producer and exporter of lighting products. With the advancement of industry technology, equipment upgrades and product updates, the variety and quality of Chinese lighting products have been promoted and upgraded on the basis of good cost performance. In recent years, the number of LED lighting products exported to the United States has increased rapidly, especially LED bulbs, tungsten lamps, PAR lamps, tube lamps, tube lamps, panel lamps and other alternative light sources. And lamps. Many enterprises, especially large and medium-sized enterprises, have basically completed the transformation and upgrading of traditional lighting to LED lighting products. Due to the convenience of purchasing components and raw materials, and the complete industrial chain, especially with a large number of skilled workers, it is expected that the competitive advantage of China's lighting industry in the international market will be more obvious. But with the escalation of the trade war, market competition and exports will face new pressures.