Northern America: Bicycle Lighting Market 2025

Bicycle Lighting Exports

Exports in Northern America

In 2021, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles decreased by -4.6% to X units, falling for the fifth consecutive year after three years of growth. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 147% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, bicycle lighting exports skyrocketed to $X in 2021. Overall, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 142%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United States dominates exports structure, resulting at X units, which was near 92% of total exports in 2021. It was distantly followed by Canada (X units), comprising an 8% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to bicycle lighting exports from the United States stood at -20.4%. At the same time, Canada (+11.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +11.0% from 2012-2021. Canada (+7.5 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -7.5% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest bicycle lighting supplier in Northern America, comprising 99% of total exports. The second position in the ranking was held by Canada ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +4.6%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, surging by 72% against the previous year. In general, the export price posted significant growth. The pace of growth was the most pronounced in 2019 when the export price increased by 275% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

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 the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+31.3%).

Bicycle Lighting Imports

Imports in Northern America

In 2021, after four years of decline, there was significant growth in supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles, when their volume increased by 14% to X units. The total import volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, bicycle lighting imports skyrocketed to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.0% against 2019 indices. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

The United States was the key importer of electrical or battery operated lighting or visual signalling for bicycles in Northern America, with the volume of imports resulting at X units, which was approx. 86% of total imports in 2021. It was distantly followed by Canada (X units), mixing up a 13% share of total imports.

Imports into the United States increased at an average annual rate of +2.7% from 2012 to 2021. At the same time, Canada (+4.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.2% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electrical or battery operated lighting or visual signalling for bicycles in Northern America, comprising 87% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports.

In the United States, bicycle lighting imports expanded at an average annual rate of +4.7% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, increasing by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).

Source: IndexBox Platform

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