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United Kingdom - 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 the UK - 2023
Contents:
- Bicycle Lighting Price in the UK (CIF) - 2022
- Bicycle Lighting Price in the UK (FOB) - 2022
- Bicycle Lighting Imports in the UK
- Bicycle Lighting Exports in the UK
Bicycle Lighting Price in the UK (CIF) - 2022
The average bicycle lighting import price stood at $8.5 per unit in 2022, approximately reflecting the previous year. In general, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum at $10 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($8.5 per unit) and the United States ($8.5 per unit), while the price for South Korea ($8.5 per unit) and China ($8.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Lighting Price in the UK (FOB) - 2022
The average bicycle lighting export price stood at $10 per unit in 2022, picking up by 15% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 120%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($11 per unit) and the United States ($10 per unit), while the average price for exports to Hungary ($9.9 per unit) and India ($9.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Imports in the UK
In 2022, approx. 2.1M units of electrical or battery operated lighting or visual signalling for bicycles were imported into the UK; shrinking by -30.1% against 2021. Over the period under review, imports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of 3M units, and then contracted dramatically in the following year.
In value terms, bicycle lighting imports dropped markedly to $18M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $26M, and then dropped markedly in the following year.
Import of Bicycle Lighting in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.3 | 11.2 | 15.6 | 9.6 | -2.3% |
Taiwan (Chinese) | 4.6 | 3.8 | 5.1 | 5.5 | 6.1% |
Japan | 1.1 | 0.7 | 0.7 | 0.6 | -18.3% |
Germany | 1.7 | 1.4 | 1.9 | 0.5 | -33.5% |
South Korea | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
France | 0.7 | 0.8 | 0.4 | 0.2 | -34.1% |
Italy | 2.0 | 0.3 | 0.2 | N/A | -68.4% |
Others | 3.0 | 2.3 | 2.0 | 1.2 | -26.3% |
Total | 23.6 | 20.7 | 26.2 | 18.1 | -8.5% |
Top Suppliers of Bicycle Lighting to the UK in 2022:
- China (1128.9K units)
- Taiwan (Chinese) (647.1K units)
- Japan (76.0K units)
- Germany (56.0K units)
- South Korea (42.8K units)
- France (24.8K units)
- Italy (4.1K units)
Bicycle Lighting Exports in the UK
Bicycle lighting exports from the UK dropped dramatically to 304K units in 2022, declining by -28.7% on the previous year's figure. Over the period under review, exports recorded a precipitous decline. The smallest decline of -4.7% was in 2020. Over the period under review, the exports hit record highs at 960K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bicycle lighting exports fell remarkably to $3M in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by 2.8%. As a result, the exports attained the peak of $7.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Bicycle Lighting in the UK (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 476 | 287 | 362 | 712 | 14.4% |
China | 64.7 | 82.6 | 1.4 | 451 | 91.0% |
Ireland | 1,171 | 1,390 | 441 | 279 | -38.0% |
Netherlands | 463 | 481 | 713 | 180 | -27.0% |
France | 673 | 899 | 541 | 154 | -38.8% |
Italy | 263 | 464 | 69.1 | 139 | -19.1% |
Germany | 571 | 731 | 216 | 136 | -38.0% |
Nigeria | 333 | 393 | 251 | 134 | -26.2% |
Australia | 338 | 318 | 217 | 123 | -28.6% |
United Arab Emirates | 20.1 | 58.9 | 87.4 | 66.8 | 49.2% |
Hungary | 12.1 | 18.4 | 51.4 | 50.2 | 60.7% |
Belgium | 138 | 129 | 34.3 | 45.6 | -30.9% |
Iceland | 453 | 7.4 | 4.5 | 5.0 | -77.7% |
Others | 2,146 | 2,057 | 716 | 568 | -35.8% |
Total | 7,121 | 7,318 | 3,704 | 3,044 | -24.7% |
Top Export Markets for Bicycle Lighting from the UK in 2022:
- United States (69.9K units)
- China (45.6K units)
- Ireland (28.2K units)
- Netherlands (18.2K units)
- France (15.6K units)
- Italy (14.1K units)
- Germany (13.8K units)
- Nigeria (13.5K units)
- Australia (12.4K units)
- United Arab Emirates (6.3K units)
- Hungary (5.1K units)
- Belgium (4.6K units)
- Iceland (0.5K units)
This report provides an in-depth analysis of the bicycle lighting market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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