The following is the LCD monitor panel shipments decreased by 11.3% in the second quarter of 2022 From TrendForce recommended by recordtrend.com. And this article belongs to the classification: TrendForce, Hardware equipment industry.
Trendforce, a market research organization, recently analyzed that the reason for the sharp decline in the shipment of LCD monitor panel Q2 is mainly that the brand set a very high shipment target in early 2022, coupled with the impact of the shortage problem in 2021, which stimulated the brand to over purchase Q1 in 2022, but the consumer market demand cooled down.
Driven by strong market demand, LCD monitor panels shipped 47.9 million pieces in Q1, an annual increase of 20%, setting a new high since 2012. However, the conflict between Russia and Ukraine intensified in February. Under the change of the international political and economic situation, the consumer model market cooled down, brands successively lowered the shipping target of LCD monitors, and synchronously reduced the purchase volume of panels. On the other hand, in the face of interest rate hikes by major central banks around the world and slowing economic growth, enterprises have also begun to be cautious in capital expenditure, which has slowed down the demand for commercial LCD monitors. In the past, when brands were overstocked and consumption and business demand gradually cooled, inventory problems also began to emerge, and the overall market turned to oversupply.
In addition, in the first half of this year, shipping and port congestion gradually eased, and the LCD monitors that were still in transit and piled up in the port have successively entered the hands of channel merchants, making the channel inventory rise rapidly. Faced with the dual pressure of high inventory of LCD monitors and panels, brands were forced to reduce panel purchases in the second half of the year. Therefore, trendforce Jibang consulting estimates that the shipment of LCD monitor panels in the third quarter will continue to decline to 37.8 million pieces, with a quarter decrease of 11.2%. In the fourth quarter, it will have the opportunity to rise slightly to 38.8 million pieces, with a quarter increase of 2.8%, due to the brand’s sprint sales at the end of the year. It is estimated that the annual shipment will reach 167 million pieces, with an annual decrease of 3.6%.
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