South Africa: Bicycle Lighting Market 2025

Bicycle Lighting Market Size in South Africa

In 2021, the South African bicycle lighting market increased by 119% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed buoyant growth. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Bicycle Lighting Exports

Exports from South Africa

In 2021, overseas shipments of electrical or battery operated lighting or visual signalling for bicycles decreased by -2.6% to X units, falling for the third consecutive year after two years of growth. In general, exports showed a sharp shrinkage. The growth pace was the most rapid in 2017 when exports increased by 77% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bicycle lighting exports contracted to $X in 2021. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by 127%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Namibia (X units) was the main destination for bicycle lighting exports from South Africa, accounting for a 56% share of total exports. Moreover, bicycle lighting exports to Namibia exceeded the volume sent to the second major destination, Botswana (X units), fourfold. Tanzania (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume to Namibia stood at -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-27.3% per year) and Tanzania (+58.2% per year).

In value terms, Namibia ($X) emerged as the key foreign market for electrical or battery operated lighting or visual signalling for bicycles exports from South Africa, comprising 46% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 19% share of total exports. It was followed by Botswana, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Namibia stood at -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+68.7% per year) and Botswana (-32.5% per year).

Export Prices by Country

In 2021, the average bicycle lighting export price amounted to $X per unit, falling by -10.6% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +11.2% 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 -24.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 168% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Botswana ($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 Tanzania (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Bicycle Lighting Imports

Imports into South Africa

In 2021, after two years of decline, there was significant growth in purchases abroad of electrical or battery operated lighting or visual signalling for bicycles, when their volume increased by 105% to X units. Over the period under review, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bicycle lighting imports surged to $X in 2021. Overall, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main bicycle lighting supplier to South Africa, accounting for a 92% share of total imports. Moreover, bicycle lighting imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was held by the Netherlands (X units), with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-14.7% per year) and the Netherlands (-25.1% per year).

In value terms, China ($X) constituted the largest supplier of electrical or battery operated lighting or visual signalling for bicycles to South Africa, comprising 66% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 29% share of total imports. It was followed by Hong Kong SAR, with less than 0.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+10.0% per year) and Hong Kong SAR (-48.2% per year).

Import Prices by Country

In 2021, the average bicycle lighting import price amounted to $X per unit, shrinking by -3.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 56%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+29.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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