Israel: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in Israel

In 2021, the Israeli bicycle lighting market increased by 139% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Bicycle Lighting Exports

Exports from Israel

In 2021, shipments abroad of electrical or battery operated lighting or visual signalling for bicycles was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 3,964%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, bicycle lighting exports soared to $X in 2021. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 4,715%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X units) was the main destination for bicycle lighting exports from Israel, with a 49% share of total exports. Moreover, bicycle lighting exports to China exceeded the volume sent to the second major destination, Angola (X units), threefold. Germany (X units) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+131.2% per year) and Germany (+21.4% per year).

In value terms, China ($X) emerged as the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Israel, comprising 54% of total exports. The second position in the ranking was held by Angola ($X), with a 19% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+142.8% per year) and Germany (+33.9% per year).

Export Prices by Country

In 2021, the average bicycle lighting export price amounted to $X per unit, growing by 10% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.1% 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 decreased by -5.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 28%. The export price peaked at $X per unit in 2019; however, from 2020 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 Hong Kong SAR ($X per unit), while the average price for exports to the UK ($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 Germany (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into Israel

In 2021, supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles increased by 270% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bicycle lighting imports soared to $X in 2021. Over the period under review, imports posted buoyant growth. As a result, imports attained 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 Israel, accounting for a 65% share of total imports. Moreover, bicycle lighting imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was held by the United States (X units), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+16.9% per year) and the United States (+8.8% per year).

In value terms, China ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Israel, comprising 67% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 15% share of total imports. It was followed by the United States, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+18.9% per year) and the United States (+10.7% per year).

Import Prices by Country

The average bicycle lighting import price stood at $X per unit in 2021, waning by -39.3% against the previous year. Overall, the import price, however, continues to indicate mild growth. The growth pace was the most rapid in 2018 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat 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 Portugal ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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