Indonesia: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in Indonesia

The Indonesian bicycle lighting market contracted slightly to $X in 2021, remaining stable 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). Overall, consumption posted significant growth. Over the period under review, the market hit record highs at $X in 2020, and then reduced modestly in the following year.

Bicycle Lighting Exports

Exports from Indonesia

In 2021, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles were finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, exports enjoyed prominent growth. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, bicycle lighting exports soared to $X in 2021. Overall, exports recorded a buoyant expansion. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), the United States (X units) and Malaysia (X units) were the main destinations of bicycle lighting exports from Indonesia, with a combined 47% share of total exports. These countries were followed by the UK, Turkey, Brunei Darussalam, Singapore, Kuwait, Spain, Taiwan (Chinese), Germany, the United Arab Emirates and China, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +100.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Indonesia, comprising 24% of total exports. The second position in the ranking was held by Kuwait ($X), with an 11% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+80.6% per year) and the United States (-13.6% per year).

Export Prices by Country

The average bicycle lighting export price stood at $X per unit in 2021, falling by -9.7% against the previous year. Overall, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bicycle lighting export price increased by +61.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to the United Arab Emirates ($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 Kuwait (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Bicycle Lighting Imports

Imports into Indonesia

Bicycle lighting imports into Indonesia stood at X units in 2021, picking up by 5.3% on the previous year. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 256% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, bicycle lighting imports dropped remarkably to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by 160% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main bicycle lighting supplier to Indonesia, with a 95% share of total imports. It was followed by Japan (X units), with a 0.7% share of total imports. Thailand (X units) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +56.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-5.9% per year) and Thailand (-31.6% per year).

In value terms, China ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Indonesia, comprising 66% of total imports. The second position in the ranking was taken by Japan ($X), with a 4.5% share of total imports. It was followed by Thailand, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-10.7% per year) and Thailand (-36.3% per year).

Import Prices by Country

The average bicycle lighting import price stood at $X per unit in 2021, with a decrease of -30.9% against the previous year. Overall, the import price continues to indicate a dramatic descent. The pace of growth was the most pronounced in 2015 an increase of 5.5%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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