Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia - 2023

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (CIF) - 2022
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (CIF) - 2022

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $8,445 per ton in 2022, with an increase of 7.2% against the previous year. Overall, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. The import price peaked at $14,352 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($39,638 per ton), while the price for India ($4,299 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (FOB) - 2022

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $43,898 per ton in 2022, reducing by -15.5% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 366%. The export price peaked at $77,692 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($85,492 per ton), while the average price for exports to Italy ($4,445 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 Montenegro (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Croatia contracted to 104 tons, leveling off at the previous year's figure. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 106 tons, and then reduced modestly in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves rose markedly to $880K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17717223224711.7%
China24.525.044.4228110.3%
Slovenia1101141381367.3%
Germany96.691.31791083.8%
Taiwan (Chinese)39.548.862.646.25.4%
India0.24.49.431.4439.5%
Others71.810816682.84.9%
Total52056483188019.2%

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Croatia in 2022:

  1. Italy (48.3 tons)
  2. China (37.3 tons)
  3. India (7.3 tons)
  4. Germany (4.7 tons)
  5. Slovenia (3.5 tons)
  6. Taiwan (Chinese) (1.2 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia

In 2022, approx. 843 kg of cycles; parts, pedals and crank-gear, and parts thereoves were exported from Croatia; with a decrease of -42.2% against the year before. In general, exports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves dropped dramatically to $37K in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $76K, and then dropped notably in the following year.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia31.443.047.220.9-12.7%
PolandN/AN/AN/A5.60%
Bosnia and Herzegovina3.29.19.54.915.3%
North Macedonia1.14.56.82.124.1%
Italy19.7N/A3.21.0-63.0%
Montenegro0.70.81.10.98.7%
SwedenN/AN/AN/A0.20%
Others0.11.28.11.4141.0%
Total56.158.775.837.0-13.0%

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Croatia in 2022:

  1. Slovenia (275.0 kg)
  2. Italy (229.0 kg)
  3. Bosnia and Herzegovina (153.0 kg)
  4. Poland (65.0 kg)
  5. Sweden (43.0 kg)
  6. North Macedonia (38.0 kg)
  7. Montenegro (15.0 kg)

Source: IndexBox Market Intelligence Platform

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