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

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland (CIF) - 2024
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland (CIF) - 2024

In January 2024, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $89,714 per ton, stabilizing at the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 77% against the previous month. The import price peaked at $108K per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Taiwan (Chinese) ($127K per ton), while the price for the Philippines ($24,591 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%), 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 Switzerland (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $69,206 per ton, declining by -35.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 36%. As a result, the export price reached the peak level of $107,914 per ton, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($111,148 per ton), while the average price for exports to the Netherlands ($32,711 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 Germany (+3.6%), 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 Switzerland

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Switzerland skyrocketed to 440 tons, picking up by 53% compared with 2021. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves surged to $26M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)4.26.97.39.631.7%
China1.01.52.03.856.0%
Japan2.31.82.43.616.1%
Malaysia1.11.82.03.445.7%
Germany0.40.70.92.584.2%
France0.50.40.70.711.9%
Indonesia0.10.10.10.226.0%
Singapore0.50.6N/AN/A20.0%
Others0.81.71.82.444.2%
Total10.915.517.126.334.1%

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

  1. Taiwan (Chinese) (155.9 tons)
  2. China (108.4 tons)
  3. Malaysia (75.9 tons)
  4. Japan (39.2 tons)
  5. Germany (17.7 tons)
  6. Indonesia (8.8 tons)
  7. France (7.8 tons)
  8. Singapore (0.8 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of cycles; parts, pedals and crank-gear, and parts thereoves, when their volume increased by 143% to 7.2 tons. Overall, exports, however, continue to indicate a abrupt decline.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $501K in 2022. Over the period under review, exports, however, showed a abrupt decline.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany80.614613327650.7%
Poland4.95.212.8141206.4%
Netherlands26421.36.016.8-60.1%
Austria6.63.45.113.526.9%
France8.120221.112.816.5%
United Kingdom24.4N/A9.53.7-46.7%
Italy1150.212.82.9-70.7%
Luxembourg16.3N/A2.92.6-45.8%
Sri LankaN/AN/A78.9N/A0%
PortugalN/A42.4N/AN/A0%
Others70.361.439.132.5-22.7%
Total589482321501-5.3%

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

  1. Poland (3171.0 kg)
  2. Germany (3088.0 kg)
  3. Netherlands (515.0 kg)
  4. Austria (128.0 kg)
  5. France (115.0 kg)
  6. Luxembourg (60.0 kg)
  7. United Kingdom (27.0 kg)
  8. Italy (12.0 kg)

Source: IndexBox Market Intelligence Platform

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