Austria: Bicycle Lighting Market 2024

Bicycle Lighting Market Size in Austria

In 2022, after four years of growth, there was significant decline in the Austrian bicycle lighting market, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate a buoyant expansion. Bicycle lighting consumption peaked at $X in 2021, and then contracted in the following year.

Bicycle Lighting Exports

Exports from Austria

In 2022, approx. X units of electrical or battery operated lighting or visual signalling for bicycles were exported from Austria; with a decrease of X% against 2021 figures. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bicycle lighting exports amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovakia (X units), Germany (X units) and Slovenia (X units) were the main destinations of bicycle lighting exports from Austria, together accounting for X% of total exports. Switzerland, Hungary, Belgium, the Czech Republic, Poland, France, the UK, Italy and Croatia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Austria, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average bicycle lighting export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the UK ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into Austria

Bicycle lighting imports into Austria contracted markedly to X units in 2022, reducing by X% compared with 2021. Over the period under review, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, bicycle lighting imports dropped to $X in 2022. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of bicycle lighting to Austria, accounting for a X% share of total imports. Moreover, bicycle lighting imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Germany ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Austria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average bicycle lighting import price amounted to $X per unit, surging by X% against the previous year. In general, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Germany ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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