May 16, 2017: In April 2017, the average retail price for 7W LED light bulbs in the China market decreased 11.3% from February 2017 to US$3.4, while 9W models increased by 9.3% to CNY31.7, according to Digitimes Research.
While in April 2017, the average retail prices for 40W and 60W equivalent LED bulbs in the Japan market was JPY1,300 (US$12.0) and JPY1,954 respectively. The former slipped 7.5% from February and the latter grew by 3.2.
Average retail prices in April for 40W- and 60W-equivalent LED bulbs in other markets were: US$15.9 (down by 4.8%) and US$19.2 (down by 0.5%) in the US market. EUR7.1 (US$7.8, up 1.4%) and EUR8.6 (down 6.5%) in Europe. KRW7,505 (US$6.8, down 4.3% from February) and KRW12,263 (down 0.2%) in South Korea.
Philips 40W-equivalent LED bulbs and Osram 60W-equivalent models for sale in the South Korea market had the highest average lumen-price ratios of 134.7lm/US$ and 231.9lm/US$, respectively. In terms of luminous efficiency, Mitsubishi Electric 40W-equivalent LED bulbs and 60W-equivalent models in the Japan market had the highest average level of 95.5lm/W and that of 108.2lm/W respectively.