Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $16,321 per ton in 2022, with an increase of 46% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $17,275 per ton in 2012; however, from 2013 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 Malaysia ($26,760 per ton), while the price for Italy ($4,792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), 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 Hungary (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $18,625 per ton, declining by -12.1% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 34% against the previous year. The export price peaked at $21,192 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($43,646 per ton), while the average price for exports to Romania ($10,141 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 Serbia (+17.5%), 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 Hungary
In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Hungary reduced slightly to 823 tons, falling by -4.3% against the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 860 tons, and then shrank slightly in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves surged to $13M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2.6 | 2.0 | 2.5 | 4.5 | 20.1% |
| China | 2.7 | 2.8 | 3.6 | 4.2 | 15.9% |
| Malaysia | N/A | 0.3 | 0.9 | 1.8 | 144.9% |
| Germany | 0.4 | 0.6 | 0.7 | 1.2 | 44.2% |
| Netherlands | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Indonesia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Italy | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
| Czech Republic | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.5 | 0.3 | 1.2 | 1.0 | 26.0% |
| Total | 6.6 | 6.4 | 9.6 | 13.4 | 26.6% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Hungary in 2022:
- China (343.6 tons)
- Taiwan (Chinese) (198.5 tons)
- Germany (84.3 tons)
- Malaysia (68.4 tons)
- Italy (28.7 tons)
- Indonesia (26.5 tons)
- Netherlands (24.4 tons)
- Czech Republic (6.6 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary
After three years of growth, overseas shipments of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -17% to 20 tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves declined sharply to $372K in 2022. In general, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 83% against the previous year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 142 | 277 | 288 | 181 | 8.4% |
| Slovakia | 10.1 | 9.7 | 58.6 | 44.8 | 64.3% |
| Romania | 14.9 | 17.0 | 30.3 | 30.5 | 27.0% |
| Poland | 16.1 | 13.8 | 24.2 | 26.5 | 18.1% |
| Switzerland | N/A | 0.7 | 9.7 | 12.7 | 325.9% |
| United States | 8.0 | 6.1 | 7.7 | 10.7 | 10.2% |
| Serbia | 3.0 | 9.8 | 5.9 | 4.9 | 17.8% |
| Others | 36.1 | 88.7 | 85.2 | 60.6 | 18.8% |
| Total | 231 | 423 | 510 | 372 | 17.2% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Hungary in 2022:
- Germany (9.9 tons)
- Slovakia (4.0 tons)
- Romania (3.0 tons)
- Switzerland (0.9 tons)
- Poland (0.6 tons)
- United States (0.3 tons)
- Serbia (0.2 tons)
363
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
363
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
Nothing found. Please try again.
