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

South Africa - 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 South Africa - 2023

Contents:

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

Bicycle Lighting Price in South Africa (CIF) - 2022

In 2022, the average bicycle lighting import price amounted to $5 per unit, growing by 36% against the previous year. Overall, the import price posted a modest expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $8.7 per unit. From 2015 to 2022, the average 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 Taiwan (Chinese) ($14 per unit), while the price for Hong Kong SAR ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Bicycle Lighting Price in South Africa (FOB) - 2022

The average bicycle lighting export price stood at $13 per unit in 2022, with an increase of 5.6% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($27 per unit), while the average price for exports to Lesotho ($2.1 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 Tanzania (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports in South Africa

In 2022, after three years of growth, there was significant decline in overseas purchases of electrical or battery operated lighting or visual signalling for bicycles, when their volume decreased by -45.5% to 153K units. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports attained the peak of 282K units, and then declined rapidly in the following year.

In value terms, bicycle lighting imports reduced remarkably to $768K in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. As a result, imports reached the peak of $1M, and then dropped dramatically in the following year.

Import of Bicycle Lighting in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4544166855395.9%
Taiwan (Chinese)96.571.429717121.0%
Poland1220.21.0N/A-90.9%
Others62.645.657.758.1-2.5%
Total7355331,0417681.5%

Top Suppliers of Bicycle Lighting to South Africa in 2022:

  1. China (139.1K units)
  2. Taiwan (Chinese) (11.9K units)

Bicycle Lighting Exports in South Africa

In 2022, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles were finally on the rise to reach 8.4K units after two years of decline. In general, exports, however, showed a precipitous decline. Over the period under review, the exports hit record highs at 36K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bicycle lighting exports rose markedly to $109K in 2022. Over the period under review, exports, however, faced a dramatic curtailment. Over the period under review, the exports hit record highs at $253K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bicycle Lighting in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia14.629.845.728.224.5%
Mozambique1.01.72.519.5169.2%
TanzaniaN/A1.019.014.4279.5%
Botswana32.940.67.111.9-28.8%
Democratic Republic of the Congo0.80.91.211.7144.5%
Swaziland2.81.01.66.733.8%
Lesotho0.21.71.92.8141.0%
Zambia3.21.43.12.4-9.1%
NigerN/AN/AN/A2.10%
United Kingdom12423.6N/A0.1-90.7%
Germany31.0N/AN/AN/A0%
New Zealand6.8N/A5.2N/A-12.6%
Madagascar29.5N/AN/AN/A0%
Others6.514.512.79.613.9%
Total25311699.9109-24.5%

Top Export Markets for Bicycle Lighting from South Africa in 2022:

  1. Namibia (1646.0 units)
  2. Botswana (1533.0 units)
  3. Lesotho (1339.0 units)
  4. Mozambique (882.0 units)
  5. Swaziland (834.0 units)
  6. Tanzania (613.0 units)
  7. Democratic Republic of the Congo (438.0 units)
  8. Niger (300.0 units)
  9. Zambia (290.0 units)
  10. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform

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

  • South Africa

Data coverage:

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