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Canada - Electrical Lighting or Visual Signaling Equipment for Motor Vehicles and Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Market for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles 2024
Market Size for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles in Canada
The Canadian market for electrical lighting or visual signaling equipment for motor vehicles and cycles surged to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Lighting equipment for motor vehicles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Production of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles in Canada
In value terms, lighting equipment for motor vehicles production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Exports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles
Exports from Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles, when their volume decreased by X% to X units. In general, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, lighting equipment for motor vehicles exports reduced modestly to $X in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2021, and then declined slightly in the following year.
Exports by Country
The United States (X units) was the main destination for lighting equipment for motor vehicles exports from Canada, accounting for a X% share of total exports. Moreover, lighting equipment for motor vehicles exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), fourfold.
From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest.
In value terms, the United States ($X) remains the key foreign market for electrical lighting or visual signaling equipment for motor vehicles and cycles exports from Canada, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%.
Export Prices by Country
In 2022, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X per unit, picking up by X% against the previous year. In general, the export price showed a strong increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to the United States stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%).
Imports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles
Imports into Canada
In 2022, supplies from abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles increased by X% to X units for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, lighting equipment for motor vehicles imports skyrocketed to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United States (X units) constituted the largest supplier of lighting equipment for motor vehicles to Canada, with a X% share of total imports. Moreover, lighting equipment for motor vehicles imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X units), fourfold. China (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X% per year).
In value terms, the United States ($X) constituted the largest supplier of electrical lighting or visual signaling equipment for motor vehicles and cycles to Canada, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by Japan, with a X% share.
From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Japan (X% per year).
Import Prices by Country
The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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