Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia - 2024
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (CIF) - 2022
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia
- Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (CIF) - 2022
In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $8,089 per ton, picking up by 21% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts thereof, wheel rims and spokeses increased by +69.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 94% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,496 per ton), while the price for Italy ($6,979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (FOB) - 2022
The average export price for cycles; parts thereof, wheel rims and spokeses stood at $8,890 per ton in 2022, growing by 6% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cycles; parts thereof, wheel rims and spokeses decreased by -1.6% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 77%. As a result, the export price attained the peak level of $9,038 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($13,531 per ton), while the average price for exports to Italy ($6,440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia
After three years of growth, overseas purchases of cycles; parts thereof, wheel rims and spokeses decreased by -10.5% to 155 tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. As a result, imports reached the peak of 173 tons, and then shrank in the following year.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses expanded sharply to $1.3M in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 145 | 360 | 641 | 713 | 70.0% |
Italy | 209 | 265 | 309 | 343 | 18.0% |
China | 145 | 75.3 | 167 | 93.3 | -13.7% |
Germany | 7.8 | 2.9 | 0.8 | 80.8 | 118.0% |
Others | 17.3 | 35.3 | 38.8 | 19.9 | 4.8% |
Total | 525 | 738 | 1,157 | 1,250 | 33.5% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Serbia in 2022:
- Bulgaria (86.5 tons)
- Italy (49.1 tons)
- China (9.9 tons)
- Germany (7.7 tons)
Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia
In 2022, after three years of growth, there was significant decline in shipments abroad of cycles; parts thereof, wheel rims and spokeses, when their volume decreased by -26.2% to 3.3 tons. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 125%.
In value terms, exports of cycles; parts thereof, wheel rims and spokeses contracted notably to $29K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 101%.
Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 7.9 | 10.6 | 16.2 | 11.8 | 14.3% |
Italy | N/A | N/A | N/A | 6.3 | 0% |
Montenegro | 2.1 | 4.9 | 2.8 | 3.4 | 17.4% |
North Macedonia | 0.8 | 2.1 | 1.8 | 3.1 | 57.1% |
Switzerland | N/A | N/A | 0.3 | 1.3 | 333.3% |
Croatia | 3.4 | 3.4 | 1.2 | 0.8 | -38.3% |
Greece | N/A | 0.8 | N/A | 0.6 | -13.4% |
Hungary | N/A | 6.3 | N/A | N/A | 0% |
Others | N/A | 0.4 | 14.7 | 1.5 | 93.6% |
Total | 14.1 | 28.5 | 37.0 | 29.0 | 27.2% |
Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Serbia in 2022:
- Bosnia and Herzegovina (1426.0 kg)
- Italy (978.0 kg)
- North Macedonia (318.0 kg)
- Montenegro (254.0 kg)
- Switzerland (108.0 kg)
- Croatia (86.0 kg)
- Greece (62.0 kg)
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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