Report Update: Apr 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bicycle Lighting Price in the UK - 2023

Bicycle Lighting Price in the UK (CIF) - 2022

The average bicycle lighting import price stood at $8.5 per unit in 2022, approximately reflecting the previous year. In general, the import price, however, continues to indicate a resilient increase. 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 maximum at $10 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($8.5 per unit) and the United States ($8.5 per unit), while the price for South Korea ($8.5 per unit) and China ($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 Austria (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Bicycle Lighting Price in the UK (FOB) - 2022

The average bicycle lighting export price stood at $10 per unit in 2022, picking up by 15% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 120%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($11 per unit) and the United States ($10 per unit), while the average price for exports to Hungary ($9.9 per unit) and India ($9.9 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports in the UK

In 2022, approx. 2.1M units of electrical or battery operated lighting or visual signalling for bicycles were imported into the UK; shrinking by -30.1% against 2021. Over the period under review, imports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of 3M units, and then contracted dramatically in the following year.

In value terms, bicycle lighting imports dropped markedly to $18M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $26M, and then dropped markedly in the following year.

Import of Bicycle Lighting in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.3	11.2	15.6	9.6	-2.3%
Taiwan (Chinese)	4.6	3.8	5.1	5.5	6.1%
Japan	1.1	0.7	0.7	0.6	-18.3%
Germany	1.7	1.4	1.9	0.5	-33.5%
South Korea	0.2	0.2	0.3	0.4	26.0%
France	0.7	0.8	0.4	0.2	-34.1%
Italy	2.0	0.3	0.2	N/A	-68.4%
Others	3.0	2.3	2.0	1.2	-26.3%
Total	23.6	20.7	26.2	18.1	-8.5%

Top Suppliers of Bicycle Lighting to the UK in 2022:

China (1128.9K units)
Taiwan (Chinese) (647.1K units)
Japan (76.0K units)
Germany (56.0K units)
South Korea (42.8K units)
France (24.8K units)
Italy (4.1K units)

Bicycle Lighting Exports in the UK

Bicycle lighting exports from the UK dropped dramatically to 304K units in 2022, declining by -28.7% on the previous year's figure. Over the period under review, exports recorded a precipitous decline. The smallest decline of -4.7% was in 2020. Over the period under review, the exports hit record highs at 960K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bicycle lighting exports fell remarkably to $3M in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by 2.8%. As a result, the exports attained the peak of $7.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Bicycle Lighting in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	476	287	362	712	14.4%
China	64.7	82.6	1.4	451	91.0%
Ireland	1,171	1,390	441	279	-38.0%
Netherlands	463	481	713	180	-27.0%
France	673	899	541	154	-38.8%
Italy	263	464	69.1	139	-19.1%
Germany	571	731	216	136	-38.0%
Nigeria	333	393	251	134	-26.2%
Australia	338	318	217	123	-28.6%
United Arab Emirates	20.1	58.9	87.4	66.8	49.2%
Hungary	12.1	18.4	51.4	50.2	60.7%
Belgium	138	129	34.3	45.6	-30.9%
Iceland	453	7.4	4.5	5.0	-77.7%
Others	2,146	2,057	716	568	-35.8%
Total	7,121	7,318	3,704	3,044	-24.7%

Top Export Markets for Bicycle Lighting from the UK in 2022:

United States (69.9K units)
China (45.6K units)
Ireland (28.2K units)
Netherlands (18.2K units)
France (15.6K units)
Italy (14.1K units)
Germany (13.8K units)
Nigeria (13.5K units)
Australia (12.4K units)
United Arab Emirates (6.3K units)
Hungary (5.1K units)
Belgium (4.6K units)
Iceland (0.5K units)

Source: IndexBox Market Intelligence Platform

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

United Kingdom

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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