Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $18,445 per ton in 2022, growing by 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $29,874 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 China ($52,353 per ton), while the price for Slovenia ($4,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.0%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $21,384 per ton, rising by 34% against the previous year. In general, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82% against the previous year. As a result, the export price attained the peak level of $23,695 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($68,596 per ton), while the average price for exports to Belgium ($4,589 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 the Netherlands (+15.8%), 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 Luxembourg
In 2022, supplies from abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -32.3% to 82 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 9.9% against the previous year. As a result, imports reached the peak of 130 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped remarkably to $1.5M in 2022. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, imports attained the peak of $1.8M, and then reduced notably in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.8 | 671 | 615 | 500 | 168.6% |
| Taiwan (Chinese) | 609 | 10.0 | 0.3 | 101 | -45.1% |
| Netherlands | 41.5 | 164 | 273 | 91.7 | 30.2% |
| France | 255 | 113 | 149 | 62.8 | -37.3% |
| Poland | 2.0 | 12.1 | 4.7 | 61.4 | 213.1% |
| Belgium | 39.4 | 89.1 | 34.0 | 60.6 | 15.4% |
| Slovenia | N/A | 166 | 197 | 48.9 | -45.7% |
| Cyprus | N/A | N/A | N/A | 48.7 | 0% |
| China | 686 | 0.7 | 0.1 | 8.7 | -76.7% |
| Others | 122 | 382 | 523 | 520 | 62.1% |
| Total | 1,781 | 1,608 | 1,796 | 1,504 | -5.5% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Luxembourg in 2022:
- Germany (15.7 tons)
- Netherlands (13.2 tons)
- Slovenia (10.8 tons)
- Cyprus (10.5 tons)
- Belgium (8.2 tons)
- Poland (7.5 tons)
- Taiwan (Chinese) (5.8 tons)
- France (3.4 tons)
- China (0.2 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg
In 2022, shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -35.5% to 27 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of 56 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves reduced to $572K in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports reached the peak of $661K, and then fell in the following year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 43.1 | 42.1 | 370 | 309 | 92.8% |
| France | 50.0 | 40.7 | 67.6 | 56.2 | 4.0% |
| Spain | 11.0 | 28.2 | 61.8 | 50.8 | 66.5% |
| Austria | 120 | 88.2 | 30.1 | 37.0 | -32.4% |
| Portugal | 11.4 | 17.9 | 28.7 | 29.1 | 36.7% |
| Netherlands | 5.0 | 0.1 | 0.1 | 23.0 | 66.3% |
| Belgium | 1.3 | 1.3 | 0.7 | 11.1 | 104.4% |
| United Kingdom | 288 | 313 | 2.3 | 1.8 | -81.6% |
| Others | 16.1 | 59.3 | 99.3 | 54.0 | 49.7% |
| Total | 546 | 591 | 661 | 572 | 1.6% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Luxembourg in 2022:
- Germany (18.0 tons)
- France (3.2 tons)
- Belgium (2.4 tons)
- Spain (0.7 tons)
- Netherlands (0.5 tons)
- Austria (0.5 tons)
- Portugal (0.4 tons)
- United Kingdom (0.3 tons)
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