Price for Cycles; Parts Thereof, Saddles in Israel - 2023

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Israel (CIF) - 2022
2. Price for Cycles; Parts Thereof, Saddles in Israel (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Israel
4. Exports of Cycles; Parts Thereof, Saddles in Israel

Price for Cycles; Parts Thereof, Saddles in Israel (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $3.1 per unit in 2022, which is down by -26.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $5.5 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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 Portugal ($8 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Israel (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $33 per unit in 2022, approximately reflecting the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 84% against the previous year. Over the period under review, the average export prices reached the peak figure at $34 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($34 per unit), while the average price for exports to the Netherlands amounted to $29 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+40.8%).

Imports of Cycles; Parts Thereof, Saddles in Israel

Cycles; parts thereof, saddles imports into Israel rose notably to 231K units in 2022, increasing by 6.4% compared with 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, cycles; parts thereof, saddles imports shrank markedly to $713K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports attained the peak of $914K, and then plummeted in the following year.

Top Suppliers of Cycles; Parts Thereof, Saddles to Israel in 2022:

1. China (167.7K units)
2. Taiwan (Chinese) (21.0K units)
3. Italy (19.8K units)
4. United States (13.5K units)
5. Portugal (3.9K units)

Exports of Cycles; Parts Thereof, Saddles in Israel

In 2022, approx. 46 units of cycles; parts thereof, saddleses were exported from Israel; stabilizing at 2021 figures. Overall, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure at 197 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cycles; parts thereof, saddles exports stood at $1.5K in 2022. In general, exports saw a precipitous descent. The smallest decline of 99.9% was in 2021. The exports peaked at $3K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Top Export Markets for Cycles; Parts Thereof, Saddles from Israel in 2022:

1. Ireland (8.0 units)
2. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform