Australia: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in Australia

The Australian bicycle lighting market fell modestly to $X in 2021, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a perceptible decline. Bicycle lighting consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Bicycle Lighting Exports

Exports from Australia

In 2021, shipments abroad of electrical or battery operated lighting or visual signalling for bicycles increased by 1,849% to X units, rising for the second year in a row after three years of decline. In general, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bicycle lighting exports soared to $X in 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) was the main destination for bicycle lighting exports from Australia, accounting for a 65% share of total exports. Moreover, bicycle lighting exports to Hong Kong SAR exceeded the volume sent to the second major destination, China (X units), fourfold. India (X units) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR stood at +123.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-5.2% per year) and India (+0.2% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Australia, comprising 65% of total exports. The second position in the ranking was taken by China ($X), with a 17% share of total exports. It was followed by India, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +148.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+24.4% per year) and India (+28.4% per year).

Export Prices by Country

The average bicycle lighting export price stood at $X per unit in 2021, picking up by 13% against the previous year. Overall, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of 84% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into Australia

In 2021, supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles increased by 135% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, saw a mild shrinkage. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, bicycle lighting imports soared to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of bicycle lighting to Australia, accounting for a 60% share of total imports. Moreover, bicycle lighting imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+7.8% per year) and Hong Kong SAR (-3.8% per year).

In value terms, China ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Australia, comprising 60% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 24% share of total imports. It was followed by Hong Kong SAR, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+11.0% per year) and Hong Kong SAR (-0.9% per year).

Import Prices by Country

In 2021, the average bicycle lighting import price amounted to $X per unit, reducing by -49.3% against the previous year. Over the period under review, the import price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 103% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Hong Kong SAR ($X per unit) and the United States ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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