Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain (CIF) - 2023
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain (CIF) - 2023
In November 2023, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $43,682 per ton, growing by 33% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 63% m-o-m. As a result, import price reached the peak level of $61,677 per ton. From September 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($98,529 per ton), while the price for the Czech Republic ($10,778 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), 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 Spain (FOB) - 2022
The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $51,788 per ton in 2022, declining by -10.4% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cycles; parts, pedals and crank-gear, and parts thereoves increased by +1.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. As a result, the export price attained the peak level of $83,908 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($103,496 per ton), while the average price for exports to Portugal ($23,875 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 Poland (+12.3%), 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 Spain
In 2022, after three years of growth, there was decline in overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves, when their volume decreased by -3.6% to 3.3K tons. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 3.4K tons, and then reduced modestly in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves rose rapidly to $56M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 41% 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.8 | 7.2 | 12.7 | 17.1 | 43.4% |
| France | 3.4 | 4.5 | 10.8 | 9.4 | 40.4% |
| China | 1.6 | 1.8 | 4.8 | 4.6 | 42.2% |
| Malaysia | 0.8 | 3.2 | 3.2 | 3.8 | 68.1% |
| Italy | 2.5 | 3.5 | 3.3 | 3.7 | 14.0% |
| Germany | 4.2 | 3.4 | 3.9 | 3.2 | -8.7% |
| Czech Republic | 3.5 | 2.2 | 2.2 | 2.2 | -14.3% |
| India | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 6.5 | 8.9 | 8.1 | 12.0 | 22.7% |
| Total | 28.5 | 34.9 | 49.0 | 56.0 | 25.3% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Spain in 2022:
- Taiwan (Chinese) (1186.7 tons)
- China (752.8 tons)
- Czech Republic (326.1 tons)
- Italy (237.9 tons)
- Germany (189.1 tons)
- France (172.0 tons)
- Malaysia (99.7 tons)
- India (75.7 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain
Exports of cycles; parts, pedals and crank-gear, and parts thereoves from Spain rose notably to 261 tons in 2022, picking up by 9.3% on 2021 figures. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 149%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves reduced to $14M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.4 | 4.4 | 5.0 | 4.0 | 18.6% |
| Germany | 0.6 | 1.2 | 1.1 | 1.5 | 35.7% |
| Italy | 0.4 | 1.2 | 1.3 | 1.2 | 44.2% |
| Portugal | 0.7 | 0.9 | 1.1 | 1.0 | 12.6% |
| United Kingdom | 0.3 | 0.8 | 1.1 | 0.8 | 38.7% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
| Poland | 0.1 | 0.4 | 0.4 | 0.4 | 58.7% |
| Others | 1.7 | 1.8 | 3.9 | 4.0 | 33.0% |
| Total | 6.3 | 10.7 | 13.8 | 13.5 | 28.9% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Spain in 2022:
- France (80.7 tons)
- Portugal (41.1 tons)
- Germany (32.1 tons)
- Italy (27.7 tons)
- Netherlands (23.7 tons)
- Poland (15.1 tons)
- United Kingdom (7.6 tons)
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