France: Bicycle Lighting Market 2024

Bicycle Lighting Market Size in France

In 2021, the French bicycle lighting market decreased by -1.3% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a relatively flat trend pattern. Bicycle lighting consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Bicycle Lighting Production in France

In value terms, bicycle lighting production expanded sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 18%. Bicycle lighting production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Bicycle Lighting Exports

Exports from France

In 2021, shipments abroad of electrical or battery operated lighting or visual signalling for bicycles increased by 64% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bicycle lighting exports soared to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.4% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X units) was the main destination for bicycle lighting exports from France, with a 47% share of total exports. Moreover, bicycle lighting exports to Italy exceeded the volume sent to the second major destination, Portugal (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+14.9% per year) and the Netherlands (+12.0% per year).

In value terms, the largest markets for bicycle lighting exported from France were the Netherlands ($X), Italy ($X) and Portugal ($X), together accounting for 51% of total exports. Romania, Germany, Spain, Poland, Bulgaria and Switzerland lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, Switzerland, with a CAGR of +74.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bicycle lighting export price stood at $X per unit in 2021, declining by -23.7% against the previous year. Overall, the export price continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Italy ($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 Romania (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into France

In 2021, overseas purchases of electrical or battery operated lighting or visual signalling for bicycles increased by 33% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 100% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, bicycle lighting imports surged to $X in 2021. Overall, imports showed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest bicycle lighting supplier to France, with a 54% share of total imports. Moreover, bicycle lighting imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by Germany (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+46.7% per year) and Germany (+21.0% per year).

In value terms, China ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to France, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.1% per year) and the Netherlands (+35.9% per year).

Import Prices by Country

In 2021, the average bicycle lighting import price amounted to $X per unit, increasing by 7.5% against the previous year. Overall, the import price, however, showed a noticeable setback. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the Netherlands ($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) (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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