Semiconductor LED Market in Luxembourg
In value terms, semiconductor LED production skyrocketed to $ in estimated in export price. In general, production posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of %. As a result, production attained the peak level of $. From to , production growth remained at a somewhat lower figure.
The size of the semiconductor LED market in Luxembourg surged to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a resilient expansion. Semiconductor LED consumption peaked in and is likely to continue growth in the immediate term.