Africa: Bicycle Lighting Market 2024

Bicycle Lighting Market Size in Africa

The African bicycle lighting market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Bicycle Lighting Production in Africa

In value terms, bicycle lighting production contracted significantly to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Bicycle Lighting Exports

Exports in Africa

Bicycle lighting exports declined notably to X units in 2022, with a decrease of X% on the previous year's figure. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, bicycle lighting exports shrank significantly to $X in 2022. In general, exports, however, enjoyed a mild expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia represented the key exporter of electrical or battery operated lighting or visual signalling for bicycles in Africa, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. Mauritius (X units) ranks second in terms of the total exports with an X% share, followed by Zambia (X%) and South Africa (X%). Morocco (X units) followed a long way behind the leaders.

Exports from Tunisia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%), Morocco (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Zambia (X p.p.), Morocco (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Tunisia ($X) remains the largest bicycle lighting supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Tunisia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price posted strong growth. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Bicycle Lighting Imports

Imports in Africa

In 2022, after two years of growth, there was significant decline in purchases abroad of electrical or battery operated lighting or visual signalling for bicycles, when their volume decreased by X% to X units. Over the period under review, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, bicycle lighting imports declined to $X in 2022. Overall, imports continue to indicate a slight slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kenya (X units), Mauritius (X units), Algeria (X units), South Africa (X units) and Ghana (X units) was the largest importer of electrical or battery operated lighting or visual signalling for bicycles in Africa, achieving X% of total import. It was distantly followed by Djibouti (X units), committing a X% share of total imports. The following importers - Uganda (X units), Sudan (X units), Tunisia (X units), Morocco (X units) and Libya (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Djibouti (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bicycle lighting importing markets in Africa were South Africa ($X), Morocco ($X) and Mauritius ($X), together accounting for X% of total imports. Algeria, Ghana, Djibouti, Sudan, Kenya, Uganda, Tunisia and Libya lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Djibouti, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in Africa amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per unit), while Kenya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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