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

Contents:

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

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

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $9,187 per ton in 2022, surging by 19% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($51,403 per ton), while the price for Indonesia ($3,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), 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 Greece (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $36,629 per ton, waning by -32% against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The growth pace was the most rapid in 2016 an increase of 103%. As a result, the export price attained the peak level of $124,125 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($90,592 per ton), while the average price for exports to the Czech Republic ($3.1 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -24% to 95 tons in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 81%.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves fell to $871K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 94% against the previous year.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.52.315.7268375.0%
Philippines9.466.171.7254200.1%
China66.883.113510415.9%
Indonesia73.314325977.51.9%
Others11522648016713.2%
Total26752096187148.3%

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

  1. Philippines (51.6 tons)
  2. Indonesia (19.7 tons)
  3. China (13.1 tons)
  4. Netherlands (5.2 tons)

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

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves exported from Greece surged to 3.5 tons, increasing by 264% compared with the previous year. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves soared to $127K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A5.172.81327.5%
Cyprus20.428.437.038.023.0%
Romania0.54.3N/A4.7111.0%
Bulgaria3.50.87.22.9-6.1%
HungaryN/AN/AN/A1.60%
PolandN/AN/A0.21.3550.0%
Slovenia5.14.60.10.6-51.0%
EstoniaN/AN/AN/A0.40%
GermanyN/AN/A0.5N/A0%
Czech RepublicN/AN/AN/AN/A0%
OthersN/AN/A1.34.8269.2%
Total29.438.151.312762.9%

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

  1. Italy (868.0 kg)
  2. Czech Republic (653.0 kg)
  3. Hungary (561.0 kg)
  4. Cyprus (419.0 kg)
  5. Poland (286.0 kg)
  6. Estonia (250.0 kg)
  7. Romania (209.0 kg)
  8. Bulgaria (39.0 kg)
  9. Slovenia (18.0 kg)

Source: IndexBox Market Intelligence Platform

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