The continuous raise of phosphor arouses a spike in the cost of energy saving light. While the cost of its counterpart LED light chip drops from CNY6 to CNY2 in the past whole year. The cost of LED light ranges from CNY30 to CNY 100. The lowest one costs only CNY10. At the same time, a great worry is the various level of quality.

The Price Trend of LED light Bulbs in China

In the past two years, the price of 1w LED light bulb chip cost around 3 dollars. Now,it costs even not more than 1dollar” president of lighting association in Fo Shan City said. During the past year, the market price of LED light bulb lowed from CNY6 to around CNY2.

As we all know, the price of LED light chip takes nearly 1/3 of the cost of LED light bulbs. The price trends of LED chips give a direct influence to the cost of LED light bulbs. Meanwhile, the sale volume of LED light bulbs owns much to the acceptable price. The market research shows that the 20% decrease each year of LED chips bring a steep reduction of LED light bulbs’ price. It decreased from 7 to 10 times of energy saving light last two years to around 3 to 4 times. Currently, energy saving light keeps a stable price of CNY6 to CNY 10. Generally speaking, LED light cost ranges from CNY30 to CNY100. President of lighting association indicates that the price of 9w LED light bulbs dropped from 30 dollars each to 10 dollars in the last three years owing to the decrease of LED chip.

The Effect of LED light bulb Price on Its Sale Volume in China

The survey of several LED lighting shopping mall like Wal-Mart and AGICO, a professional LED light bulbs manufacturer shows that the sale volume of LED light bulbs increase 10% to 30%. An Yang International Trade Group lighting department manager said that since the drop of LED chip, the sale of LED light bulbs maintain a 10% rising trend. At the same time, the biggest immediate worry becomes the various quality levels. Some inferior LED light bulbs enter the market with a service time lasting several weeks.

Conclusion:

The price trend of LED chip in China brings a bright future of LED light bulbs. The improvement of price-efficient will give LED light bulbs a larger market.