The US-Israel-Iran war has a significant impact on the global lighting industry. The main affected regions are the Middle East, Europe and China.
With skyrocketing raw material prices and blocked logistics, the industry’s normal operation is dragged down. Here is a detailed analysis with key data.
1. Skyrocketing Raw Material Prices, Heavy Cost Pressure on Enterprises
The war has pushed up global oil and gas prices, which directly affects the core raw materials of lighting products with obvious price increases.
At the beginning of 2026, the copper price rose by more than 35% year-on-year. As a core raw material for lighting wires and radiators, copper directly increases production costs.
The silver price rose by up to 170%, and silver glue is a key material for LED chip packaging, which further increases cost pressure.
The aluminum price also soared. According to industry forecasts, the aluminum price will rise by 15% year-on-year in 2026, and the Shanghai aluminum futures exceeded 25,000 yuan per ton. Aluminum is a common raw material for lighting bodies and heat dissipation fins, which further aggravates the cost burden.
Affected by this, more than 50 lighting enterprises around the world have raised their prices by 5% to 15%, and the profit space of small and medium-sized enterprises has been greatly squeezed.
2. Core Regions Affected, Trade Blocked
The Middle East, Europe and China are the most affected regions.
As an important export market, more than 90% of the lighting products in the Middle East rely on imports. The blockage of the Strait of Hormuz has led to logistics disruptions and soaring freight costs, resulting in a shortage of lighting supply in the region.
As the world’s largest lighting exporter, China’s exports to the Middle East and Europe have been significantly dragged down. Affected by rising energy prices and logistics delays, Europe’s import demand is weak, which further affects the industry’s trade.Based on our industry experience, as the situation stabilizes, the prices of lighting-related products are likely to fall in late May. Please continue to pay attention to the official website and remain cautious to respond to market fluctuations in a timely manner
