Germany - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Germany - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lighting Equipment for Motor Vehicles in Germany - 2023

Contents:

  1. Price for Lighting Equipment for Motor Vehicles in Germany (CIF) - 2023
  2. Price for Lighting Equipment for Motor Vehicles in Germany (FOB) - 2023
  3. Imports of Lighting Equipment for Motor Vehicles in Germany
  4. Exports of Lighting Equipment for Motor Vehicles in Germany

Price for Lighting Equipment for Motor Vehicles in Germany (CIF) - 2023

The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $31.7 per unit in August 2023, reducing by -2.6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in November 2022 an increase of 9.5% m-o-m. Over the period under review, average import prices attained the maximum at $33.2 per unit in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($41.0 per unit), while the price for China ($11.8 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lighting Equipment for Motor Vehicles in Germany (FOB) - 2023

In August 2023, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $69.1 per unit, with an increase of 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in April 2023 an increase of 27% against the previous month. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was China ($97.7 per unit), while the average price for exports to Hungary ($16.8 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Equipment for Motor Vehicles in Germany

Lighting equipment for motor vehicles imports into Germany soared to 310M units in 2022, growing by 22% compared with the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, lighting equipment for motor vehicles imports declined slightly to $3.5B in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of $3.5B, leveling off in the following year.

Import of Lighting Equipment for Motor Vehicles in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic8127989109354.8%
Slovakia484347345375-8.2%
Spain407426419334-6.4%
Austria344272279259-9.0%
Poland2002222312284.5%
Romania14914720320210.7%
Slovenia184184183179-0.9%
China88.011914614217.3%
Italy99.479.389.296.6-0.9%
United Kingdom34.239.970.389.037.5%
France97.183.593.386.7-3.7%
Japan90.258.475.081.8-3.2%
Mexico64.453.378.271.03.3%
Others31033239243311.8%
Total3,3643,1613,5153,5111.4%

Top Suppliers of Lighting Equipment for Motor Vehicles to Germany in 2022:

  1. Czech Republic (81.9M units)
  2. Slovakia (32.9M units)
  3. Spain (29.3M units)
  4. Austria (22.7M units)
  5. Poland (20.0M units)
  6. Romania (17.7M units)
  7. Slovenia (15.7M units)
  8. China (13.9M units)
  9. Italy (8.5M units)
  10. United Kingdom (7.8M units)
  11. France (7.6M units)
  12. Japan (7.2M units)
  13. Mexico (6.2M units)

Exports of Lighting Equipment for Motor Vehicles in Germany

For the third consecutive year, Germany recorded decline in shipments abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles, which decreased by -38.8% to 145M units in 2022. Over the period under review, exports faced a significant decline. The smallest decline of -5.8% was in 2021. The exports peaked at 332M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lighting equipment for motor vehicles exports fell modestly to $3.1B in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of $3.2B, and then contracted in the following year.

Export of Lighting Equipment for Motor Vehicles in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0981,2381,3521,1160.5%
United States18215520027414.6%
France98.791.11131258.2%
Slovakia1241101281250.3%
United Kingdom96.282.01141135.5%
Italy79.465.089.396.36.6%
Poland61.668.085.685.311.5%
South Africa77.940.277.583.12.2%
South Korea59.263.469.981.611.3%
Spain69.854.769.076.93.3%
Austria92.572.689.069.9-8.9%
Netherlands61.550.765.558.6-1.6%
Switzerland31.234.641.542.610.9%
Others758627747736-1.0%
Total2,8902,7533,2413,0822.2%

Top Export Markets for Lighting Equipment for Motor Vehicles from Germany in 2022:

  1. China (49.2M units)
  2. United States (12.2M units)
  3. France (6.7M units)
  4. Slovakia (5.5M units)
  5. Poland (5.1M units)
  6. United Kingdom (5.1M units)
  7. Italy (4.6M units)
  8. Austria (4.2M units)
  9. Netherlands (3.8M units)
  10. South Africa (3.7M units)
  11. South Korea (3.6M units)
  12. Spain (3.6M units)
  13. Switzerland (3.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Germany. 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:

  • Germany

Data coverage:

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