Luxembourg - 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 Luxembourg - 2023
Contents:
- Bicycle Lighting Price in Luxembourg (CIF) - 2022
- Bicycle Lighting Price in Luxembourg (FOB) - 2022
- Bicycle Lighting Imports in Luxembourg
- Bicycle Lighting Exports in Luxembourg
Bicycle Lighting Price in Luxembourg (CIF) - 2022
The average bicycle lighting import price stood at $3.8 per unit in 2022, surging by 2% against the previous year. Overall, the import price, however, continues to indicate a slight contraction. 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 peak figure at $7.9 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($3.9 per unit) and China ($3.8 per unit), while the price for France ($3.8 per unit) and Belgium ($3.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.3%), while the prices for the other major suppliers experienced a decline.
Bicycle Lighting Price in Luxembourg (FOB) - 2022
The average bicycle lighting export price stood at $5.1 per unit in 2022, falling by -16% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 69%. Over the period under review, the average export prices reached the peak figure 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5.5 per unit), while the average price for exports to Belgium ($5.1 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 Italy (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Lighting Imports in Luxembourg
In 2022, purchases abroad of electrical or battery operated lighting or visual signalling for bicycles decreased by -2.3% to 51K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 102%. Imports peaked at 53K units in 2021, and then dropped in the following year.
In value terms, bicycle lighting imports reduced modestly to $197K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of $224K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bicycle Lighting in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 16.3 | 15.9 | 20.9 | 58.7 | 53.3% |
| Germany | 48.5 | 73.9 | 69.7 | 43.0 | -3.9% |
| China | 13.0 | 19.9 | 31.3 | 36.9 | 41.6% |
| Belgium | 44.5 | 63.1 | 39.3 | 21.6 | -21.4% |
| France | 3.8 | 6.6 | 10.1 | 14.9 | 57.7% |
| Poland | 2.5 | 12.2 | 11.0 | 4.5 | 21.6% |
| Netherlands | 4.2 | 6.6 | 5.4 | 4.1 | -0.8% |
| Others | 9.5 | 26.3 | 9.9 | 13.6 | 12.7% |
| Total | 142 | 224 | 198 | 197 | 11.5% |
Top Suppliers of Bicycle Lighting to Luxembourg in 2022:
- Taiwan (Chinese) (15.2K units)
- Germany (11.4K units)
- China (9.6K units)
- Belgium (5.7K units)
- France (3.9K units)
- Poland (1.2K units)
- Netherlands (1.1K units)
Bicycle Lighting Exports in Luxembourg
In 2022, shipments abroad of electrical or battery operated lighting or visual signalling for bicycles decreased by -44.2% to 1.4K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 when exports increased by 99%. As a result, the exports reached the peak of 3K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bicycle lighting exports contracted dramatically to $7.1K in 2022. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of $20K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Bicycle Lighting in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.9 | 19.0 | 13.5 | 7.0 | -7.7% |
| France | 1.0 | 0.2 | 0.3 | N/A | -45.2% |
| Others | 0.7 | 0.5 | 1.4 | 0.1 | -47.7% |
| Total | 10.7 | 19.7 | 15.2 | 7.1 | -12.8% |
Top Export Markets for Bicycle Lighting from Luxembourg in 2022:
- Belgium (1375.0 units)
- France (8.0 units)
This report provides an in-depth analysis of the bicycle lighting market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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