Middle East: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in the Middle East

In 2021, the Middle Eastern bicycle lighting market increased by 81% to $X, rising for the second consecutive year after four years of decline. Overall, consumption saw strong growth. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Bicycle Lighting Production in the Middle East

In value terms, bicycle lighting production contracted to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.9% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Bicycle Lighting Exports

Exports in the Middle East

In 2021, approx. X units of electrical or battery operated lighting or visual signalling for bicycles were exported in the Middle East; picking up by 50% compared with the previous year. In general, exports saw a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 137% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, bicycle lighting exports soared to $X in 2021. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 68% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Turkey (X units), Jordan (X units) and Israel (X units), together reaching 89% of total export. The following exporters - Saudi Arabia (X units), the United Arab Emirates (X units), Bahrain (X units) and Lebanon (X units) - together made up 10% of total exports.

From 2012 to 2021, the biggest increases were recorded for Jordan (with a CAGR of +50.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Israel ($X) and Turkey ($X) were the countries with the highest levels of exports in 2021, with a combined 84% share of total exports.

Jordan, with a CAGR of +50.2%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, remaining constant against the previous year. Export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.4% 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 +116.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 118% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+11.8%), while the other leaders experienced more modest paces of growth.

Bicycle Lighting Imports

Imports in the Middle East

In 2021, bicycle lighting imports in the Middle East soared to X units, jumping by 102% on the previous year's figure. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, bicycle lighting imports skyrocketed to $X in 2021. In general, imports posted measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the key importing country with an import of around X units, which amounted to 44% 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 49% share of total imports. The following importers - Kuwait (X units) and Bahrain (X units) - each recorded a 3.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey (with a CAGR of +31.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bicycle lighting importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 82% share of total imports.

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

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, with a decrease of -18% against the previous year. In general, the import price showed a abrupt descent. The growth pace was the most rapid in 2014 when the import price increased by 14%. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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

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