Price for Cycles; Parts Thereof, Saddles in Finland - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Finland (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Finland (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Finland
- Exports of Cycles; Parts Thereof, Saddles in Finland
Price for Cycles; Parts Thereof, Saddles in Finland (CIF) - 2022
The average cycles; parts thereof, saddles import price stood at $4.5 per unit in 2022, surging by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9.3 per unit), while the price for China ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Saddles in Finland (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $14 per unit, picking up by 19% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($20 per unit), while the average price for exports to Latvia ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+62.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Finland
For the fourth consecutive year, Finland recorded growth in supplies from abroad of cycles; parts thereof, saddleses, which increased by 17% to 385K units in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cycles; parts thereof, saddles imports surged to $1.7M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Cycles; Parts Thereof, Saddles in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 220 | 80.1 | 295 | 330 | 14.5% |
| Sweden | 159 | 368 | 375 | 319 | 26.1% |
| Italy | 214 | 173 | 215 | 233 | 2.9% |
| Taiwan (Chinese) | 146 | 131 | 250 | 227 | 15.8% |
| Netherlands | 39.7 | 59.4 | 107 | 128 | 47.7% |
| Germany | 4.9 | 108 | 88.0 | 118 | 188.8% |
| Vietnam | 0.3 | 12.8 | 3.7 | 96.0 | 584.0% |
| Others | 80.9 | 16.0 | 60.8 | 280 | 51.3% |
| Total | 865 | 949 | 1,395 | 1,731 | 26.0% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Finland in 2022:
- China (96.3K units)
- Sweden (87.5K units)
- Italy (65.5K units)
- Taiwan (Chinese) (50.2K units)
- Netherlands (27.8K units)
- Vietnam (24.9K units)
- Germany (12.7K units)
Exports of Cycles; Parts Thereof, Saddles in Finland
In 2022, overseas shipments of cycles; parts thereof, saddleses decreased by -40.5% to 4.6K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 45%. The exports peaked at 7.7K units in 2021, and then dropped remarkably in the following year.
In value terms, cycles; parts thereof, saddles exports shrank dramatically to $62K in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 123%. The exports peaked at $88K in 2021, and then shrank notably in the following year.
| Export of Cycles; Parts Thereof, Saddles in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 5.5 | 36.7 | 56.4 | 44.0 | 100.0% |
| Estonia | 8.5 | 4.8 | 8.2 | 7.7 | -3.2% |
| United States | N/A | N/A | 2.9 | 2.7 | -6.9% |
| Australia | N/A | 1.2 | 1.6 | 1.7 | 19.0% |
| Norway | 0.3 | 0.1 | 4.6 | 1.4 | 67.1% |
| United Kingdom | N/A | N/A | 1.5 | 0.9 | -40.0% |
| Latvia | 0.7 | 2.0 | 3.0 | 0.6 | -5.0% |
| Russia | 2.7 | 7.7 | 0.7 | N/A | -49.1% |
| Others | 6.3 | 1.2 | 8.8 | 3.2 | -20.2% |
| Total | 24.1 | 53.7 | 87.6 | 62.2 | 37.2% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Finland in 2022:
- Sweden (2164.0 units)
- Estonia (1517.0 units)
- Norway (230.0 units)
- United States (195.0 units)
- Latvia (162.0 units)
- Australia (125.0 units)
- United Kingdom (85.0 units)
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