Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia - 2024
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $4,859 per ton in 2022, surging by 8.1% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 increased by +79.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 32%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Taiwan (Chinese) ($18,186 per ton), while the price for China ($3,421 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $14,422 per ton, picking up by 82% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The export price peaked at $18,836 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($23,213 per ton), while the average price for exports to Croatia ($5,621 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 North Macedonia (+9.6%), 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 Serbia
In 2022, imports of cycles; parts, pedals and crank-gear, and parts thereoves into Serbia declined sharply to 41 tons, with a decrease of -64.5% on 2021 figures. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 112% against the previous year. As a result, imports reached the peak of 115 tons, and then shrank markedly in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped notably to $199K in 2022. Overall, imports, however, enjoyed a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 124%. As a result, imports reached the peak of $519K, and then shrank dramatically in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 155 | 133 | 284 | 117 | -8.9% |
| Germany | 20.6 | 60.7 | 169 | 37.8 | 22.4% |
| Taiwan (Chinese) | 2.8 | N/A | 8.2 | 14.7 | 73.8% |
| Others | 13.7 | 37.6 | 57.7 | 29.9 | 29.7% |
| Total | 192 | 232 | 519 | 199 | 1.2% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Serbia in 2022:
- China (34.1 tons)
- Germany (4.7 tons)
- Taiwan (Chinese) (0.8 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia
In 2022, overseas shipments of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -74.2% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 91%.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves shrank sharply to $28K in 2022. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 83%.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 11.7 | 11.7 | 20.9 | 14.4 | 7.2% |
| North Macedonia | 1.4 | 7.7 | 6.7 | 8.5 | 82.4% |
| Montenegro | 3.1 | 2.9 | 7.9 | 3.3 | 2.1% |
| Croatia | 2.8 | 3.9 | 3.1 | 0.9 | -31.5% |
| Switzerland | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Hungary | 2.9 | 6.8 | 0.7 | N/A | -50.9% |
| Finland | N/A | 0.3 | 19.5 | N/A | 6400.0% |
| Others | N/A | 6.9 | 0.4 | 0.2 | -83.0% |
| Total | 22.0 | 40.2 | 59.3 | 27.8 | 8.1% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Serbia in 2022:
- Bosnia and Herzegovina (1039.0 kg)
- North Macedonia (367.0 kg)
- Montenegro (274.0 kg)
- Croatia (153.0 kg)
- Switzerland (48.0 kg)
- Hungary (1.0 kg)
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