United Kingdom - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in the UK - 2023
Contents:
- Automotive Lighting Price in the UK (CIF) - 2023
- Automotive Lighting Price in the UK (FOB) - 2022
- Automotive Lighting Imports in the UK
- Automotive Lighting Exports in the UK
Automotive Lighting Price in the UK (CIF) - 2023
In August 2023, the average automotive lighting import price amounted to $24.5 per unit, growing by 20% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $26.5 per unit in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($40.5 per unit), while the price for Mexico ($4.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in the UK (FOB) - 2022
The average automotive lighting export price stood at $49 per unit in 2022, falling by -32.2% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $72 per unit in 2021, and then declined remarkably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($49 per unit) and Norway ($49 per unit), while the average price for exports to Italy ($49 per unit) and France ($49 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 the Netherlands (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Automotive Lighting Imports in the UK
In 2022, the amount of automotive lighting imported into the UK reduced remarkably to 13M units, waning by -17% compared with 2021. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked at 21M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, automotive lighting imports rose to $697M in 2022. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 26%. Over the period under review, imports attained the maximum at $781M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Automotive Lighting in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 188 | 121 | 133 | 176 | -2.2% |
| France | 120 | 67.6 | 91.1 | 99.5 | -6.1% |
| Austria | 14.5 | 9.2 | 24.6 | 72.2 | 70.8% |
| China | 70.2 | 53.3 | 67.1 | 61.9 | -4.1% |
| Poland | 21.2 | 18.0 | 27.1 | 49.2 | 32.4% |
| Spain | 41.4 | 37.6 | 40.4 | 40.6 | -0.6% |
| Germany | 98.7 | 86.4 | 96.9 | 26.8 | -35.2% |
| Slovakia | 30.7 | 20.7 | 23.1 | 26.7 | -4.5% |
| Taiwan (Chinese) | 18.3 | 17.5 | 28.1 | 23.2 | 8.2% |
| Japan | 26.4 | 17.8 | 20.4 | 15.4 | -16.4% |
| South Korea | 6.6 | 4.3 | 8.1 | 14.6 | 30.3% |
| Italy | 20.3 | 13.5 | 18.6 | 12.4 | -15.2% |
| Portugal | 1.3 | 6.7 | 11.0 | 10.9 | 103.2% |
| Others | 124 | 67.6 | 93.8 | 68.0 | -18.1% |
| Total | 781 | 541 | 683 | 697 | -3.7% |
Top Suppliers of Automotive Lighting to the UK in 2022:
- Czech Republic (3160.1K units)
- France (1790.2K units)
- Austria (1299.0K units)
- China (1113.6K units)
- Poland (885.2K units)
- Spain (729.7K units)
- Germany (482.7K units)
- Slovakia (481.0K units)
- Taiwan (Chinese) (416.4K units)
- Japan (276.4K units)
- South Korea (262.2K units)
- Italy (223.8K units)
- Portugal (195.4K units)
Automotive Lighting Exports in the UK
In 2022, after two years of decline, there was significant growth in overseas shipments of automotive lighting, when their volume increased by 44% to 6M units. Overall, exports, however, saw a deep downturn. Over the period under review, the exports reached the peak figure at 9M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, automotive lighting exports contracted to $292M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, the exports reached the peak of $300M, and then fell in the following year.
| Export of Automotive Lighting in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.6 | 26.7 | 87.0 | 93.5 | 46.7% |
| United States | 29.2 | 26.3 | 33.8 | 42.3 | 13.1% |
| France | 45.8 | 33.6 | 23.7 | 22.3 | -21.3% |
| China | 19.0 | 20.6 | 23.4 | 17.1 | -3.5% |
| Belgium | 7.6 | 6.0 | 7.8 | 16.3 | 29.0% |
| Italy | 10.0 | 8.4 | 9.7 | 10.9 | 2.9% |
| Czech Republic | 3.4 | 2.6 | 2.8 | 9.3 | 39.9% |
| Ireland | 12.2 | 10.4 | 6.8 | 7.9 | -13.5% |
| Austria | 5.9 | 3.8 | 6.5 | 7.7 | 9.3% |
| Netherlands | 8.7 | 7.4 | 7.5 | 6.4 | -9.7% |
| Norway | 2.5 | 5.3 | 6.8 | 5.4 | 29.3% |
| Russia | 14.1 | 9.9 | 4.5 | 0.7 | -63.2% |
| Others | 75.0 | 52.5 | 79.2 | 52.7 | -11.1% |
| Total | 263 | 213 | 300 | 292 | 3.5% |
Top Export Markets for Automotive Lighting from the UK in 2022:
- Germany (1926.1K units)
- United States (871.5K units)
- France (458.4K units)
- China (352.2K units)
- Belgium (334.9K units)
- Italy (223.7K units)
- Czech Republic (192.0K units)
- Ireland (162.7K units)
- Austria (157.9K units)
- Netherlands (132.2K units)
- Norway (112.1K units)
- Russia (14.2K units)
This report provides an in-depth analysis of the automotive lighting market in the UK. 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)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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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