Trade Trends
Global exports of diodes (excluding photosensitive or light-emitting types) increased from $11.47B in 2019 to $12.38B in 2023, reflecting a 7.94% growth over the five-year period. The trend shows a peak in 2022 at $14.39B before contracting in 2023.
This pattern suggests a period of expansion followed by a correction, potentially influenced by global semiconductor supply chain adjustments and shifts in electronics manufacturing demand. While the diode segment remains a critical component of electronic systems, the 2023 decline may reflect inventory normalization or broader macroeconomic pressures. USD$ figures indicate that while growth was modest overall, performance varied significantly across key exporting countries.
Top Trading Countries
- Hong Kong led in 2024 with $2.61B, down from $2.79B in 2023 and up from $2.55B in 2019. This reflects a 9.67% increase from 2019 to 2023 and a 6.45% decline from 2023 to 2024.
- China followed with $2.49B in 2024, down from $2.58B in 2023 and up from $2.37B in 2019. This marks a 9.04% increase from 2019 to 2023 and a 3.54% decrease from 2023 to 2024.
- Taiwan exported $1.07B in 2024, up from $950.95M in 2023 and $939.36M in 2019. This represents a 1.23% increase from 2019 to 2023 and a 12.92% rise from 2023 to 2024.
- Germany recorded $1.11B in 2024, down from $1.38B in 2023 and up from $965.61M in 2019. This reflects a 43.37% increase from 2019 to 2023 and a 19.72% decline from 2023 to 2024.
- Singapore reached $920.36M in 2024, down from $952.89M in 2023 and up from $652.93M in 2019. This marks a 45.94% increase from 2019 to 2023 and a 3.41% decrease from 2023 to 2024.
- United States posted $649.22M in 2024, down from $806.94M in 2023 and $921.25M in 2019. This represents a 12.41% decrease from 2019 to 2023 and a 19.55% drop from 2023 to 2024.
On the Rise
- Hungary expanded from $65.89M in 2019 to $77.32M in 2023 and $80.31M in 2024. This reflects a 17.35% increase from 2019 to 2023 and a 3.87% rise from 2023 to 2024.
Hungary’s consistent growth, though modest in scale, highlights its strengthening position in the diode export landscape. This upward trend may be linked to increased regional manufacturing integration and supply chain diversification.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
