Luxembourg: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in Luxembourg

The Luxembourg bicycle lighting market shrank to $X in 2021, reducing by -9.6% 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Bicycle Lighting Exports

Exports from Luxembourg

In 2021, approx. X units of electrical or battery operated lighting or visual signalling for bicycles were exported from Luxembourg; shrinking by -19.3% against 2020 figures. Over the period under review, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of 128% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bicycle lighting exports plummeted to $X in 2021. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 188%. Over the period under review, the exports attained the peak figure at $X in 2020, and then declined significantly in the following year.

Exports by Country

Belgium (X units) was the main destination for bicycle lighting exports from Luxembourg, accounting for a 73% share of total exports. Moreover, bicycle lighting exports to Belgium exceeded the volume sent to the second major destination, Oman (X units), threefold. The third position in this ranking was taken by France (X units), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +18.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and France (-8.1% per year).

In value terms, Belgium ($X) remains the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Luxembourg, comprising 89% of total exports. The second position in the ranking was taken by Oman ($X), with an 8.6% share of total exports. It was followed by France, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and France (-1.3% per year).

Export Prices by Country

The average bicycle lighting export price stood at $X per unit in 2021, declining by -4.3% against the previous year. Over the period under review, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 121% against the previous year. 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 Belgium ($X per unit), while the average price for exports to Oman ($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 Belgium (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into Luxembourg

In 2021, the amount of electrical or battery operated lighting or visual signalling for bicycles imported into Luxembourg reduced to X units, dropping by -6.9% against 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 133% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, bicycle lighting imports contracted to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 62%. Imports peaked at $X in 2020, and then fell in the following year.

Imports by Country

Germany (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of bicycle lighting imports to Luxembourg, with a combined 81% share of total imports. These countries were followed by France, Poland, Italy and China, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +84.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Luxembourg, comprising 48% of total imports. The second position in the ranking was held by Belgium ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-11.0% per year) and the Netherlands (+19.1% per year).

Import Prices by Country

In 2021, the average bicycle lighting import price amounted to $X per unit, reducing by -5.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average 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 Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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