The Middle East, with a population of more than 300 million and an area of more than 6.5 million square kilometers, has a total GDP of over US$300 million. It is rich in resources and has a high level of economic development. In recent years, the investment in infrastructure construction in the Middle East has been hot, and the market demand for LED products has exploded.
& ldquo;Fully, “The country with money and willfulness
Middle East includes Iran, UAE, Kuwait, Countries such as Israel, with abundant oil resources, strong capital, and strong demand for infrastructure investment, have created huge purchasing power. Qatar, Kuwait, UAE, Israel, Bahrain, Oman, Saudi Arabia, Iran and other countries have far more GDP per capita than China. For example, Qatar ranks third in the world in terms of per capita GDP in 2014, Kuwait ranks 12th in the world, and UAE ranks in the world. 19th, etc., this part of the country is indeed called “rich” oil. Often referred to as a variety of “壕 Middle Eastern princes, it is indeed in the eyes of the public with a money and willful attitude.
In 2014, China’s LED products exported to the Middle East grew by 106.68% year-on-year.
2014 China’s top ten LED products in key areas The export volume of the Middle East market was US$273.7 million, an increase of 106.68% year-on-year. The export volume in 2015 is expected to exceed US$570 million. LED main products exported to the Middle East market include LED lighting, LED display, LED, lighting, and spare parts.
From the perspective of the markets in the Middle East, the largest export of LED products in China is the Iranian market, with an export volume of US$103 million, a year-on-year increase of 178.88%. The second place is In the UAE market, the export value was US$0.8 billion, up 100.77% year-on-year; the export market to Saudi Arabia was US$34 million, up 54.77% year-on-year. From the perspective of the growth of LED products exported to countries in the Middle East, the growth rate of Iran, UAE, Kuwait, Jordan, Syria and other countries has remained above 100%, and the growth rate is rapid.
In 2014, China’s exports of LED lighting products in the Middle East increased by 210.67%
China’s LED lighting products exported to the Middle East in 2014 It reached 139 million US dollars, a year-on-year growth rate of 210.67%. The top three exporting countries are Iran ($0.44 billion), United Arab Emirates ($43 million), and Saudi Arabia ($19 million). In terms of growth rate, China’s LED lighting products have experienced explosive growth in exports to the Middle East, with Iran (510.73%) and Syria (470.23%) having the highest growth rate. Except for Israel, the growth rate is above 200%.
Iran & mdash, the largest market in the Middle East; only 11% of LED lighting products come from China
From the Iranian LED lighting market in 2014 In view of the fact that although Iran is the largest export market for LED lighting products in the Middle East, China’s LED lighting products account for only 11.02% of the Iranian market. German products account for the largest share of the Iranian market, accounting for 66.14%, followed by the UAE. China is only the third largest importer of Iran, and its import scale is relatively small. The size of the Iranian market is so large, where are the Chinese partners?
The future demand for LED products in the Middle East continues to expand
The infrastructure investment in the Middle East market is strong. International cooperation and national development plans involve infrastructure construction. World-class activities and major events have a strong driving force for LED development. For example, Dubai, UAE will host the World Expo in 2020. In 2022, Qatar will host the World Cup, which will bring about a growing and large-scale demand for the development of the LED industry.
The most eye-catching event was the move to Egypt. In order to alleviate the squeezing power of Cairo, the Egyptian government decided to build a new administrative capital near the road between Cairo and Suez, and various government departments will move from Cairo to there. The new administrative capital of Egypt will open 4 million Fedan (Egypt area units, 1 Feidan about 42 acres) land, repair 3,200 kilometers of roads, there are lights on the road, the most ideal, energy-saving and environmentally friendly, durable products LED lighting, China’s LED companies have rich experience in infrastructure construction, street lighting renovation, new construction, take this opportunity to enter the Egyptian market, will bring great development opportunities for enterprise development.
The relationship between China and the Middle East countries is getting closer and closer, and more and more cooperation is being made in infrastructure, such as China will expand its energy and infrastructure with Iran. Cooperation in construction; China is helping to build the Silk Road, and Palestine is also involved. Next, Egypt plans to build a power station, 500 MW photovoltaic power station; Jordan spent 120 million US dollars to build a solar charging network; Iraq threatened by war is still committed to the construction of the southern airport. The rise of infrastructure has driven the growth in demand for LED lighting, and this effect has continued to spread, creating a new round of market demand. Oman plans to invest 2.5 billion yuan to develop rural power infrastructure in 2015-2017, and the infrastructure construction project has also received funding from Saudi Arabia 180 million.
GSC is working hard to help the LED industry > Going out
GSC is making unremitting efforts to promote the development of the LED industry Actively open up new paths for the development of the LED industry, and hope to bring more and better LED products to the international market, bringing opportunities for more LED companies. GSC is working hard to truly consider the company, to establish a corporate brand and expandThe influence of large local enterprises in the international market, organized the development of TOP10 selection activities for China’s LED enterprises’ international competitiveness, and promoted the further implementation of LED enterprises. “Going out of development strategy, the selection activities have attracted more than 200 leading LED companies and listed companies. And LED large companies are involved.
In terms of channel expansion, GSC has successfully developed LED channel for North American lighting market, market channels for Russia and CIS countries. Next, GSC will launch the Middle East market, the Belt and Road countries and emerging market channels, and push more LED companies and better LED products to the local market for common development.
In promoting international cooperation and exchange, GSC cooperates with LED International Cooperation Promotion Alliance, with China Guangdong as its headquarters, and multiple layouts in North America, Europe, Asia Pacific and other emerging markets. The target center has extensively carried out friendly exchange activities, strengthened LED companies’ external understanding and learning, and promoted the global LED market prosperity.
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