Kenya - 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 Kenya - 2022
Contents:
- Bicycle Lighting Price in Kenya (CIF) - 2022
- Bicycle Lighting Price in Kenya (FOB) - 2022
- Bicycle Lighting Imports in Kenya
- Bicycle Lighting Exports in Kenya
Bicycle Lighting Price in Kenya (CIF) - 2022
The average bicycle lighting import price stood at $0.6 per unit in 2022, shrinking by -21.9% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 7.1% against the previous year. Over the period under review, average import prices attained the peak figure at $4.9 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($1 per unit), while the price for India ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+78.2%), while the prices for the other major suppliers experienced a decline.
Bicycle Lighting Price in Kenya (FOB) - 2022
In 2022, the average bicycle lighting export price amounted to $14 per unit, which is down by -7.6% against the previous year. Overall, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 396%. As a result, the export price reached the peak level of $22 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($132 per unit), while the average price for exports to Uganda ($1.3 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 Rwanda (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Imports in Kenya
Bicycle lighting imports into Kenya soared to 195K units in 2022, picking up by 76% against 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle lighting imports skyrocketed to $119K in 2022. Overall, imports, however, showed a abrupt contraction. Imports peaked at $203K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bicycle Lighting in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 151 | 133 | 64.6 | 84.3 | -17.7% |
| Australia | 9.4 | 6.7 | 2.8 | 7.7 | -6.4% |
| United Kingdom | 9.4 | 0.5 | 3.6 | 5.6 | -15.9% |
| India | 18.5 | 1.5 | 6.8 | 4.9 | -35.8% |
| Mauritius | N/A | N/A | 2.0 | 4.7 | 135.0% |
| United Arab Emirates | 2.7 | 2.9 | 2.9 | 3.5 | 9.0% |
| Others | 12.5 | 6.8 | 3.6 | 8.1 | -13.5% |
| Total | 203 | 151 | 86.3 | 119 | -16.3% |
Top Suppliers of Bicycle Lighting to Kenya in 2022:
- China (151.5K units)
- Australia (12.9K units)
- India (9.4K units)
- United Kingdom (6.1K units)
- United Arab Emirates (5.5K units)
- Mauritius (4.8K units)
Bicycle Lighting Exports in Kenya
For the third year in a row, Kenya recorded decline in shipments abroad of electrical or battery operated lighting or visual signalling for bicycles, which decreased by -4.7% to 464 units in 2022. In general, exports saw a dramatic slump. Over the period under review, the exports attained the maximum at 962 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bicycle lighting exports shrank to $6.6K in 2022. Overall, exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of $7.5K, and then declined in the following year.
| Export of Bicycle Lighting in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1.3 | 0.8 | 6.7 | 5.9 | 65.6% |
| Uganda | 1.1 | 0.5 | 0.5 | 0.6 | -18.3% |
| Democratic Republic of the Congo | 4.3 | 4.3 | N/A | N/A | 0.0% |
| Others | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Total | 6.9 | 5.7 | 7.5 | 6.6 | -1.5% |
Top Export Markets for Bicycle Lighting from Kenya in 2022:
- Uganda (416.0 units)
- Rwanda (45.0 units)
This report provides an in-depth analysis of the bicycle lighting market in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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
-
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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