Hong Kong SAR, China - 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 Hong Kong SAR - 2023
Contents:
- Bicycle Lighting Price in Hong Kong SAR (FOB) - 2023
- Bicycle Lighting Price in Hong Kong SAR (CIF) - 2023
- Bicycle Lighting Exports in Hong Kong SAR
- Bicycle Lighting Imports in Hong Kong SAR
Bicycle Lighting Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average bicycle lighting export price amounted to $7.5 per unit, reducing by -5.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 39% m-o-m. Over the period under review, the average export prices attained the peak figure at $9.1 per unit in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($12.4 per unit), while the average price for exports to the Netherlands ($1.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average bicycle lighting import price amounted to $5.5 per unit, dropping by -13.8% against the previous month. Over the period under review, the import price, however, posted perceptible growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 122% m-o-m. Over the period under review, average import prices hit record highs at $8.2 per unit in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($6.2 per unit), while the price for Taiwan (Chinese) stood at $1.2 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Lighting Exports in Hong Kong SAR
In 2022, exports of electrical or battery operated lighting or visual signalling for bicycles from Hong Kong SAR fell rapidly to 2.9M units, declining by -44.7% on the previous year. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of 5.3M units, and then fell rapidly in the following year.
In value terms, bicycle lighting exports fell notably to $21M in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $32M, and then declined rapidly in the following year.
| Export of Bicycle Lighting in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.0 | 8.1 | 11.0 | 10.6 | 28.5% |
| United States | 1.7 | 3.8 | 4.8 | 2.1 | 7.3% |
| Netherlands | 0.8 | 0.7 | 1.9 | 0.9 | 4.0% |
| France | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
| Switzerland | 0.3 | 0.3 | 0.8 | 0.7 | 32.6% |
| Malaysia | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Austria | 0.5 | 0.5 | 0.8 | 0.6 | 6.3% |
| Canada | 1.1 | 0.5 | 0.7 | 0.4 | -28.6% |
| Poland | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| United Kingdom | 3.2 | 2.1 | 2.6 | 0.4 | -50.0% |
| Belgium | 0.2 | 0.6 | 0.3 | 0.2 | 0.0% |
| Japan | 1.1 | 1.9 | 2.0 | 0.2 | -43.3% |
| Sweden | 1.1 | 0.3 | 0.3 | 0.1 | -55.0% |
| Others | 3.2 | 3.2 | 5.4 | 2.9 | -3.2% |
| Total | 19.0 | 22.9 | 31.7 | 20.8 | 3.1% |
Top Export Markets for Bicycle Lighting from Hong Kong SAR in 2022:
- Germany (912.2K units)
- United States (446.8K units)
- Netherlands (370.0K units)
- France (153.1K units)
- Canada (123.0K units)
- Malaysia (110.6K units)
- United Kingdom (107.3K units)
- Switzerland (84.4K units)
- Austria (61.5K units)
- Poland (56.6K units)
- Japan (49.8K units)
- Belgium (45.8K units)
- Sweden (10.7K units)
Bicycle Lighting Imports in Hong Kong SAR
After three years of growth, supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles decreased by -56.8% to 1.5M units in 2022. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. Imports peaked at 3.4M units in 2021, and then declined significantly in the following year.
In value terms, bicycle lighting imports plummeted to $5.6M in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 30%. Imports peaked at $12M in 2021, and then declined dramatically in the following year.
| Import of Bicycle Lighting in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.8 | 11.5 | 11.1 | 5.3 | -15.6% |
| Taiwan (Chinese) | N/A | 0.3 | 1.2 | 0.2 | -18.4% |
| Germany | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 9.1 | 11.9 | 12.4 | 5.6 | -14.9% |
Top Suppliers of Bicycle Lighting to Hong Kong SAR in 2022:
- China (1277.8K units)
- Taiwan (Chinese) (151.2K units)
- Germany (22.9K units)
This report provides an in-depth analysis of the bicycle lighting market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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During the review period, Bicycle Lighting exports peaked at 234K units in January 2023 before stabilizing until November 2023. In terms of value, Bicycle Lighting exports surged to $1.5M in November 2023.
141
The exports of Bicycle Lighting reached their highest point in January 2023, with a total of 234K units. From that point onwards, it remained steady until October 2023. In terms of value, the exports of Bicycle Lighting slightly increased to $1.2M in October 2023.
225
The exports of Bicycle Lighting reached their highest point at 252K units in September 2022. However, from October 2022 to June 2023, the exports consistently stayed at a lower figure. In terms of value, the export of Bicycle Lighting significantly declined to $1.2M in June 2023.
851
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
842
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
91
During the review period, Bicycle Lighting exports peaked at 234K units in January 2023 before stabilizing until November 2023. In terms of value, Bicycle Lighting exports surged to $1.5M in November 2023.
141
The exports of Bicycle Lighting reached their highest point in January 2023, with a total of 234K units. From that point onwards, it remained steady until October 2023. In terms of value, the exports of Bicycle Lighting slightly increased to $1.2M in October 2023.
225
The exports of Bicycle Lighting reached their highest point at 252K units in September 2022. However, from October 2022 to June 2023, the exports consistently stayed at a lower figure. In terms of value, the export of Bicycle Lighting significantly declined to $1.2M in June 2023.
851
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
842
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
