Mexico - Electrical Or Battery Operated Lighting Or Visual Signalling For Bicycles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBicycle Lighting Price in Mexico - 2023
Contents:
- Bicycle Lighting Price in Mexico (CIF) - 2023
- Bicycle Lighting Price in Mexico (FOB) - 2022
- Bicycle Lighting Imports in Mexico
- Bicycle Lighting Exports in Mexico
Bicycle Lighting Price in Mexico (CIF) - 2023
The average bicycle lighting import price stood at $9.2 per unit in August 2023, stabilizing at the previous month. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 567% m-o-m. As a result, import price attained the peak level of $9.2 per unit; afterwards, it flattened through to August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($9.2 per unit), while the price for China amounted to $9.2 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+17.5%).
Bicycle Lighting Price in Mexico (FOB) - 2022
In 2022, the average bicycle lighting export price amounted to $3.8 per unit, rising by 4% against the previous year. Overall, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices reached the maximum at $7 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3.8 per unit), while the average price for exports to Guatemala totaled $3.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Imports in Mexico
After three years of growth, overseas purchases of electrical or battery operated lighting or visual signalling for bicycles decreased by -49.3% to 585K units in 2022. In general, imports, however, continue to indicate measured growth. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, imports attained the peak of 1.2M units, and then shrank rapidly in the following year.
In value terms, bicycle lighting imports contracted markedly to $2.1M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of $4.1M, and then reduced remarkably in the following year.
Import of Bicycle Lighting in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,758 | 2,370 | 3,716 | 1,862 | 1.9% |
Taiwan (Chinese) | 201 | 263 | 291 | 196 | -0.8% |
United States | 64.4 | 158 | 51.3 | 4.0 | -60.4% |
Others | 37.2 | 43.2 | 4.1 | N/A | -66.8% |
Total | 2,061 | 2,834 | 4,063 | 2,062 | 0.0% |
Top Suppliers of Bicycle Lighting to Mexico in 2022:
- China (528.3K units)
- Taiwan (Chinese) (55.6K units)
- United States (1.1K units)
Bicycle Lighting Exports in Mexico
In 2022, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles were finally on the rise to reach 3.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic decline. Over the period under review, the exports attained the peak figure at 9.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bicycle lighting exports skyrocketed to $12K in 2022. In general, exports, however, saw a dramatic slump. Over the period under review, the exports hit record highs at $66K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Bicycle Lighting in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 23.6 | 19.9 | N/A | 6.3 | -35.6% |
Guatemala | 16.0 | 13.4 | 4.4 | 6.1 | -27.5% |
Colombia | 11.6 | 4.9 | N/A | N/A | -57.8% |
Costa Rica | N/A | 6.5 | N/A | N/A | 0% |
Panama | 5.2 | N/A | N/A | N/A | 0% |
El Salvador | 4.8 | 4.9 | N/A | N/A | 2.1% |
Honduras | 4.4 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 65.6 | 49.9 | 4.4 | 12.4 | -42.6% |
Top Export Markets for Bicycle Lighting from Mexico in 2022:
- United States (1.7K units)
- Guatemala (1.6K units)
This report provides an in-depth analysis of the bicycle lighting market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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