Australia - Electrical Or Battery Operated Lighting Or Visual Signalling For Bicycles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Australia - Electrical Or Battery Operated Lighting Or Visual Signalling For Bicycles - Market Analysis, Forecast, Size, Trends And Insights

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Bicycle Lighting Price in Australia - 2023

Contents:

  1. Bicycle Lighting Price in Australia (CIF) - 2022
  2. Bicycle Lighting Price in Australia (FOB) - 2022
  3. Bicycle Lighting Imports in Australia
  4. Bicycle Lighting Exports in Australia

Bicycle Lighting Price in Australia (CIF) - 2022

The average bicycle lighting import price stood at $8.5 per unit in 2022, increasing by 3.1% against the previous year. Overall, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 31%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($8.5 per unit) and Japan ($8.5 per unit), while the price for China ($8.5 per unit) and the UK ($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 the United States (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Bicycle Lighting Price in Australia (FOB) - 2022

In 2022, the average bicycle lighting export price amounted to $4.6 per unit, with an increase of 80% against the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 112% against the previous year. Over the period under review, the average export prices attained the maximum at $7 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($12 per unit), while the average price for exports to Papua New Guinea ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+378.5%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports in Australia

After three years of growth, overseas purchases of electrical or battery operated lighting or visual signalling for bicycles decreased by -39.4% to 535K units in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 883K units, and then plummeted in the following year.

In value terms, bicycle lighting imports dropped dramatically to $4.6M in 2022. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $7.3M, and then dropped rapidly in the following year.

Import of Bicycle Lighting in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,5244,1024,3522,842-6.9%
Taiwan (Chinese)9451,3261,7381,33612.2%
United Kingdom144126277133-2.6%
Japan21518232174.0-29.9%
Hong Kong SAR10589.633440.0-27.5%
United States21812112532.1-47.2%
Others11315014899.4-4.2%
Total5,2656,0967,2964,557-4.7%

Top Suppliers of Bicycle Lighting to Australia in 2022:

  1. China (333.6K units)
  2. Taiwan (Chinese) (156.8K units)
  3. United Kingdom (15.6K units)
  4. Japan (8.7K units)
  5. Hong Kong SAR (4.7K units)
  6. United States (3.8K units)

Bicycle Lighting Exports in Australia

In 2022, after three years of growth, there was significant decline in shipments abroad of electrical or battery operated lighting or visual signalling for bicycles, when their volume decreased by -93.4% to 95K units. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,921% against the previous year. As a result, the exports attained the peak of 1.4M units, and then declined significantly in the following year.

In value terms, bicycle lighting exports declined markedly to $440K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,104%. As a result, the exports reached the peak of $3.7M, and then shrank markedly in the following year.

Export of Bicycle Lighting in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand12.72.944.2110105.4%
HungaryN/AN/A13196.9-26.0%
ChinaN/A5.065085.4313.3%
Papua New Guinea16.314.412.636.430.7%
United States11.950.196.424.827.7%
SingaporeN/A2.922.118.9155.3%
ThailandN/A0.71.213.2334.2%
India8.4N/A277N/A474.2%
Others82.692.42,47454.6-12.9%
Total1321683,70944049.4%

Top Export Markets for Bicycle Lighting from Australia in 2022:

  1. New Zealand (30.7K units)
  2. China (23.8K units)
  3. Papua New Guinea (10.2K units)
  4. Hungary (7.8K units)
  5. United States (6.9K units)
  6. Singapore (5.3K units)
  7. Thailand (3.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bicycle lighting market in Australia. 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:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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