Portugal: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in Portugal

The Portuguese bicycle lighting market skyrocketed to $X in 2021, increasing by 28% 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 enjoyed a resilient expansion. Bicycle lighting consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Bicycle Lighting Exports

Exports from Portugal

In 2021, after two years of decline, there was significant growth in overseas shipments of electrical or battery operated lighting or visual signalling for bicycles, when their volume increased by 50% to X units. Over the period under review, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, bicycle lighting exports skyrocketed to $X in 2021. In general, exports, however, showed a pronounced slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for bicycle lighting exports from Portugal, accounting for a 53% share of total exports. Moreover, bicycle lighting exports to France exceeded the volume sent to the second major destination, Spain (X units), threefold. Romania (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-16.2% per year) and Romania (+10.6% per year).

In value terms, France ($X) remains the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from Portugal, comprising 52% of total exports. The second position in the ranking was held by Romania ($X), with a 19% share of total exports. It was followed by Turkey, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+14.9% per year) and Turkey (+411.0% per year).

Export Prices by Country

In 2021, the average bicycle lighting export price amounted to $X per unit, leveling off at the previous year. Overall, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bicycle lighting export price decreased by -4.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 28%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to the Netherlands ($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 Switzerland (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Lighting Imports

Imports into Portugal

In 2021, the amount of electrical or battery operated lighting or visual signalling for bicycles imported into Portugal soared to X units, jumping by 36% compared with 2020 figures. In general, imports posted a prominent increase. The growth pace was the most rapid in 2017 with an increase of 49% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, bicycle lighting imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 45%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, France (X units) constituted the largest bicycle lighting supplier to Portugal, with a 79% share of total imports. Moreover, bicycle lighting imports from France exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The third position in this ranking was taken by Germany (X units), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.6% per year) and Germany (+20.3% per year).

In value terms, France ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to Portugal, comprising 81% of total imports. The second position in the ranking was held by China ($X), with an 8% share of total imports. It was followed by the Netherlands, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from France totaled +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.9% per year) and the Netherlands (+22.0% per year).

Import Prices by Country

The average bicycle lighting import price stood at $X per unit in 2021, reducing by -9.9% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 31%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from France ($X per unit) and the Netherlands ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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