Report Bulgaria - Electrical or Battery Operated Lighting or Visual Signalling for Bicycles - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Bulgaria - Electrical or Battery Operated Lighting or Visual Signalling for Bicycles - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Bicycle Lighting Market 2024

Bicycle Lighting Market Size in Bulgaria

In 2021, the Bulgarian bicycle lighting market increased by 10% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption, however, enjoyed a buoyant increase. Bicycle lighting consumption peaked in 2021 and is expected to retain growth in the immediate term.

Bicycle Lighting Exports

Exports from Bulgaria

In 2021, the amount of electrical or battery operated lighting or visual signalling for bicycles exported from Bulgaria declined markedly to X units, with a decrease of -56.5% compared with the previous year's figure. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2014 with an increase of 4,172% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, bicycle lighting exports fell significantly to $X in 2021. In general, exports, however, showed strong growth. The growth pace was the most rapid in 2014 when exports increased by 4,331%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Greece (X units), North Macedonia (X units) and Germany (X units) were the main destinations of bicycle lighting exports from Bulgaria, together comprising 87% of total exports. The Netherlands, Serbia and Belgium lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +101.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X) emerged as the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Bulgaria, comprising 45% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 21% share of total exports. It was followed by Germany, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Greece stood at +87.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+51.0% per year) and Germany (+43.3% per year).

Export Prices by Country

In 2021, the average bicycle lighting export price amounted to $X per unit, falling by -13.8% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2019 an increase of 96% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Belgium ($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 Serbia (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Bicycle Lighting Imports

Imports into Bulgaria

After five years of growth, supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles decreased by -17% to X units in 2021. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 64% against the previous year. Imports peaked at X units in 2020, and then shrank sharply in the following year.

In value terms, bicycle lighting imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 66%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The Netherlands (X units), France (X units) and Germany (X units) were the main suppliers of bicycle lighting imports to Bulgaria, together accounting for 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +103.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the largest bicycle lighting suppliers to Bulgaria, together comprising 82% of total imports. These countries were followed by Taiwan (Chinese), China, the UK and Italy, which together accounted for a further 16%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +101.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bicycle lighting import price stood at $X per unit in 2021, with an increase of 54% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical or battery operated lighting or visual signalling for bicycles in the world?

Russia constituted the country with the largest volume of bicycle lighting consumption, comprising approx. 34% of total volume. Moreover, bicycle lighting consumption in Russia exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.4% share.

What are the largest producers of electrical or battery operated lighting or visual signalling for bicycles in the world?

The countries with the highest volumes of bicycle lighting production in 2020 were China, Russia and Taiwan Chinese), with a combined 95% share of global production.

What are the leading suppliers of electrical or battery operated lighting or visual signalling for bicycles to Bulgaria?

In value terms, the largest bicycle lighting suppliers to Bulgaria were France, Germany and Taiwan Chinese), with a combined 82% share of total imports. These countries were followed by the Netherlands, Italy, China, the UK, Romania and Hungary, which together accounted for a further 15%.

What are the leading importers of electrical or battery operated lighting or visual signalling for bicycles from Bulgaria?

In value terms, Romania, the UK and Greece were the largest markets for bicycle lighting exported from Bulgaria worldwide, together accounting for 81% of total exports.

What is the average export price for electrical or battery operated lighting or visual signalling for bicycles in Bulgaria?

The average bicycle lighting export price stood at $3.1 per unit in 2020, which is down by -19.4% against the previous year.

What is the average import price for electrical or battery operated lighting or visual signalling for bicycles in Bulgaria?

The average bicycle lighting import price stood at $2.2 per unit in 2020, dropping by -22.4% against the previous year.

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

Bulgaria

Data coverage:

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