Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Israel - 2024

Contents:

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

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

In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $4,814 per ton, surging by 29% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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, pedals and crank-gear, and parts thereoves decreased by -7.6% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 78%. As a result, import price reached the peak level of $6,710 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16,880 per ton), while the price for Germany ($1,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), 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 Israel (FOB) - 2022

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $89,245 per ton in 2022, rising by 15% against the previous year. In general, the export price showed significant growth. The growth pace was the most rapid in 2019 when the average export price increased by 105%. As a result, the export price attained the peak level of $100,128 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($129,032 per ton), while the average price for exports to China ($37,037 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+71.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -60.4% to 112 tons in 2022. In general, imports, however, posted tangible growth. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, imports reached the peak of 284 tons, and then declined remarkably in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank rapidly to $541K in 2022. Over the period under review, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan161288223132-6.4%
Taiwan (Chinese)67.169.221412824.0%
China22.135.515886.057.3%
Singapore28.622.912.242.013.7%
United States8.211.210.233.059.1%
Ireland33.851.433.711.0-31.2%
Netherlands1.61.91.010.084.2%
Germany7.71.92.06.0-8.0%
Malaysia128198272N/A45.8%
Others32.398.513593.042.3%
Total4917791,0625413.3%

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

  1. Taiwan (Chinese) (44.3 tons)
  2. China (34.4 tons)
  3. Japan (12.0 tons)
  4. Germany (4.9 tons)
  5. Singapore (4.7 tons)
  6. Netherlands (3.5 tons)
  7. United States (2.0 tons)
  8. Ireland (1.2 tons)

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

In 2022, shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -18.9% to 437 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of 924 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves contracted to $39K in 2022. In general, exports showed a dramatic downturn.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States67.353.037.132.0-21.9%
United KingdomN/AN/AN/A6.00%
ChinaN/A15.2N/A1.0-74.4%
Netherlands0.90.30.3N/A-42.3%
Others9.83.54.6N/A-31.5%
Total78.072.042.039.0-20.6%

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

  1. United States (248.0 kg)
  2. United Kingdom (162.0 kg)
  3. China (27.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts, pedals and crank-gear, and parts thereof - Israel