MENA: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in MENA

In 2021, the MENA's bicycle lighting market increased by 58% to $X, rising for the third consecutive year after three years of decline. In general, consumption posted a prominent expansion. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Bicycle Lighting Production in MENA

In value terms, bicycle lighting production totaled $X in 2021 estimated in export price. In general, production, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Bicycle Lighting Exports

Exports in MENA

In 2021, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles decreased by -49.7% to X units, falling for the third year in a row after three years of growth. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 559% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, bicycle lighting exports reduced dramatically to $X in 2021. Overall, exports, however, showed prominent growth. The growth pace was the most rapid in 2017 when exports increased by 933% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Tunisia prevails in exports structure, resulting at X units, which was approx. 76% of total exports in 2021. Turkey (X units) took an 8.7% share (based on physical terms) of total exports, which put it in second place, followed by Jordan (6.5%) and Israel (5.7%).

From 2012 to 2021, average annual rates of growth with regard to bicycle lighting exports from Tunisia stood at +14.4%. At the same time, Jordan (+50.2%), Israel (+24.9%) and Turkey (+7.7%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +50.2% from 2012-2021. Tunisia (+9.3 p.p.), Jordan (+6.1 p.p.) and Israel (+3.4 p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by -4.4% from 2012 to 2021, respectively.

In value terms, Tunisia ($X) remains the largest bicycle lighting supplier in MENA, comprising 79% of total exports. The second position in the ranking was held by Jordan ($X), with a 7.7% share of total exports. It was followed by Israel, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value in Tunisia amounted to +19.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Jordan (+50.2% per year) and Israel (+31.2% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2021, which is down by -28.7% against the previous year. In general, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2017 an increase of 57%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+5.1%), while the other leaders experienced more modest paces of growth.

Bicycle Lighting Imports

Imports in MENA

In 2021, imports of electrical or battery operated lighting or visual signalling for bicycles in MENA skyrocketed to X units, increasing by 95% on 2020. In general, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 101%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, bicycle lighting imports soared to $X in 2021. Overall, imports saw a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X units) represented the main importer of electrical or battery operated lighting or visual signalling for bicycles, comprising 41% of total imports. It was distantly followed by the United Arab Emirates (X units), Iraq (X units), Iran (X units) and Israel (X units), together mixing up a 46% share of total imports. The following importers - Algeria (X units) and Kuwait (X units) - each amounted to a 4.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +31.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bicycle lighting importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together comprising 79% of total imports.

Turkey, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, shrinking by -16.6% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 15%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform