Ireland - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Ireland - 2023
Contents:
- Price for Lighting Equipment for Motor Vehicles in Ireland (CIF) - 2022
- Price for Lighting Equipment for Motor Vehicles in Ireland (FOB) - 2022
- Imports of Lighting Equipment for Motor Vehicles in Ireland
- Exports of Lighting Equipment for Motor Vehicles in Ireland
Price for Lighting Equipment for Motor Vehicles in Ireland (CIF) - 2022
The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $10 per unit in 2022, with a decrease of -25.3% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure at $21 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($9.9 per unit) and Turkey ($9.9 per unit), while the price for Germany ($9.2 per unit) and China ($9.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Lighting Equipment for Motor Vehicles in Ireland (FOB) - 2022
In 2022, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $8 per unit, declining by -11.1% against the previous year. Over the period under review, the export price recorded a mild downturn. The growth pace was the most rapid in 2021 an increase of 41%. Over the period under review, the average export prices reached the maximum at $12 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Israel ($9.4 per unit) and the United Arab Emirates ($7.6 per unit), while the average price for exports to Norway ($6.5 per unit) and the United States ($6.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+4.2%), while the prices for the other major destinations experienced a decline.
Imports of Lighting Equipment for Motor Vehicles in Ireland
For the fourth year in a row, Ireland recorded growth in overseas purchases of electrical lighting or visual signaling equipment for motor vehicles and cycles, which increased by 46% to 2.6M units in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, lighting equipment for motor vehicles imports rose sharply to $26M in 2022. In general, imports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 74%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Lighting Equipment for Motor Vehicles in Ireland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 5.2 | 4.7 | N/A | 8.8 | 19.2% |
China | 3.3 | 2.8 | N/A | 5.9 | 21.4% |
Taiwan (Chinese) | 3.6 | 3.3 | N/A | 4.8 | 10.1% |
South Korea | N/A | N/A | N/A | 0.7 | 0% |
Turkey | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
Poland | 0.2 | 0.2 | N/A | 0.5 | 35.7% |
Germany | 1.1 | 0.9 | N/A | 0.5 | -23.1% |
Belgium | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
Italy | 0.6 | 0.5 | N/A | 0.3 | -20.6% |
Others | 1.4 | 1.3 | 23.8 | 3.3 | 33.1% |
Total | 15.5 | 13.7 | 23.8 | 26.0 | 18.8% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Ireland in 2022:
- United Kingdom (899.7K units)
- China (608.3K units)
- Taiwan (Chinese) (484.8K units)
- South Korea (69.2K units)
- Germany (59.6K units)
- Turkey (54.6K units)
- Poland (52.0K units)
- Belgium (51.4K units)
- Italy (33.8K units)
Exports of Lighting Equipment for Motor Vehicles in Ireland
Lighting equipment for motor vehicles exports from Ireland shrank significantly to 402K units in 2022, declining by -16% compared with 2021. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports reached the peak of 478K units, and then dropped significantly in the following year.
In value terms, lighting equipment for motor vehicles exports fell dramatically to $3.2M in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, the exports attained the peak of $4.3M, and then dropped dramatically in the following year.
Export of Lighting Equipment for Motor Vehicles in Ireland (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1,299 | 954 | N/A | 1,480 | 4.4% |
Saudi Arabia | 318 | 434 | N/A | 451 | 12.4% |
Kuwait | 234 | 245 | N/A | 143 | -15.1% |
United States | 188 | 79.5 | N/A | 139 | -9.6% |
Israel | N/A | 6.2 | N/A | 69.6 | 235.0% |
Belgium | 20.3 | 4.5 | N/A | 68.8 | 50.2% |
Norway | 114 | 53.6 | N/A | 61.4 | -18.6% |
Others | 730 | 393 | 4,320 | 812 | 3.6% |
Total | 2,904 | 2,170 | 4,320 | 3,224 | 3.5% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Ireland in 2022:
- United Kingdom (222.0K units)
- Saudi Arabia (66.9K units)
- Kuwait (21.3K units)
- United States (21.0K units)
- Norway (9.4K units)
- Belgium (9.3K units)
- Israel (7.4K units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...