Australia - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Australia - 2023
Contents:
- Price for Lighting Equipment for Motor Vehicles in Australia (CIF) - 2022
- Price for Lighting Equipment for Motor Vehicles in Australia (FOB) - 2023
- Imports of Lighting Equipment for Motor Vehicles in Australia
- Exports of Lighting Equipment for Motor Vehicles in Australia
Price for Lighting Equipment for Motor Vehicles in Australia (CIF) - 2022
In 2022, the average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $36 per unit, growing by 33% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lighting equipment for motor vehicles import price increased by +118.7% against 2012 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($38 per unit), while the price for the United Arab Emirates ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighting Equipment for Motor Vehicles in Australia (FOB) - 2023
In September 2023, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $40.2 per unit, with an increase of 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in March 2023 an increase of 9.6% against the previous month. The export price peaked at $40.5 per unit in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the highest price was recorded for prices to the UK ($40.6 per unit) and Hungary ($40.6 per unit), while the average price for exports to New Zealand ($39.2 per unit) and the United States ($40.6 per unit) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Equipment for Motor Vehicles in Australia
In 2022, lighting equipment for motor vehicles imports into Australia declined sharply to 7M units, reducing by -24% against the year before. Overall, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of 9.3M units, and then declined notably in the following year.
In value terms, lighting equipment for motor vehicles imports amounted to $252M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Lighting Equipment for Motor Vehicles in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.1 | 62.6 | 85.4 | 76.8 | 11.0% |
| Taiwan (Chinese) | 26.8 | 30.4 | 42.5 | 42.7 | 16.8% |
| Japan | 24.0 | 19.4 | 26.0 | 27.3 | 4.4% |
| South Korea | 14.1 | 14.4 | 15.0 | 17.8 | 8.1% |
| United States | 15.4 | 10.9 | 13.5 | 14.9 | -1.1% |
| Thailand | 8.2 | 8.0 | 10.8 | 12.8 | 16.0% |
| New Zealand | 6.5 | 6.6 | 8.2 | 9.2 | 12.3% |
| Czech Republic | 6.7 | 4.6 | 6.5 | 6.8 | 0.5% |
| Slovakia | 3.0 | 2.7 | 3.9 | 5.1 | 19.3% |
| Mexico | 3.2 | 2.8 | 3.4 | 4.5 | 12.0% |
| Austria | 3.0 | 2.7 | 3.3 | 4.4 | 13.6% |
| Germany | 3.9 | 3.2 | 3.9 | 4.0 | 0.8% |
| United Arab Emirates | 0.8 | 1.0 | 1.2 | 3.8 | 68.1% |
| Others | 24.8 | 20.0 | 24.7 | 21.4 | -4.8% |
| Total | 196 | 189 | 248 | 252 | 8.7% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Australia in 2022:
- China (2264.4K units)
- Taiwan (Chinese) (1237.7K units)
- Japan (718.5K units)
- South Korea (464.9K units)
- United States (391.1K units)
- Thailand (334.0K units)
- New Zealand (242.0K units)
- Czech Republic (177.9K units)
- United Arab Emirates (151.3K units)
- Slovakia (133.7K units)
- Mexico (116.8K units)
- Austria (113.6K units)
- Germany (109.5K units)
Exports of Lighting Equipment for Motor Vehicles in Australia
In 2022, approx. 2.8M units of electrical lighting or visual signaling equipment for motor vehicles and cycles were exported from Australia; falling by -45.2% compared with 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports attained the peak of 5.2M units, and then dropped sharply in the following year.
In value terms, lighting equipment for motor vehicles exports reduced to $44M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of $52M, and then contracted in the following year.
| Export of Lighting Equipment for Motor Vehicles in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.5 | 16.1 | 24.7 | 22.4 | 8.6% |
| United Kingdom | 8.7 | 6.1 | 8.2 | 6.2 | -10.7% |
| New Zealand | 3.5 | 3.9 | 5.5 | 5.9 | 19.0% |
| France | 1.5 | 1.1 | 1.0 | 1.2 | -7.2% |
| China | 0.4 | 0.5 | 1.5 | 0.9 | 31.0% |
| Papua New Guinea | 0.4 | 0.5 | 0.3 | 0.6 | 14.5% |
| Others | 9.7 | 6.6 | 10.6 | 6.9 | -10.7% |
| Total | 41.6 | 34.6 | 51.7 | 44.1 | 2.0% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Australia in 2022:
- United States (1500.2K units)
- New Zealand (418.0K units)
- United Kingdom (415.6K units)
- France (82.5K units)
- China (81.3K units)
- Papua New Guinea (48.1K units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Australia. 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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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...
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The article on Automotive Lighting reveals that imports peaked at 9.6M units in 2013 but declined in the following years. By 2023, imports were at a lower figure with a value of $241M.
860
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...
850
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...
