Price for Cycles; Parts Thereof, Saddles in Serbia - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Serbia (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Serbia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Serbia
- Exports of Cycles; Parts Thereof, Saddles in Serbia
Price for Cycles; Parts Thereof, Saddles in Serbia (CIF) - 2022
The average cycles; parts thereof, saddles import price stood at $6.7 per unit in 2022, waning by -36.5% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 123% against the previous year. The import price peaked at $11 per unit in 2021, and then shrank significantly in the following year.
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 Hungary ($13 per unit), while the price for the Czech Republic ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Saddles in Serbia (FOB) - 2022
The average cycles; parts thereof, saddles export price stood at $8.8 per unit in 2022, declining by -41.8% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 112%. Over the period under review, the average export prices hit record highs at $16 per unit in 2020; however, from 2021 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 Slovenia ($21 per unit), while the average price for exports to Montenegro ($4.9 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 France (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Serbia
In 2022, the amount of cycles; parts thereof, saddleses imported into Serbia amounted to 93K units, increasing by 10% on 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, cycles; parts thereof, saddles imports shrank markedly to $628K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports attained the peak of $896K, and then fell sharply in the following year.
| Import of Cycles; Parts Thereof, Saddles in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 93.1 | 184 | 311 | 42.7% |
| Italy | 165 | 224 | 533 | 256 | 15.8% |
| Germany | 0.2 | 24.2 | 26.8 | 14.8 | 319.8% |
| Czech Republic | 2.0 | N/A | 0.1 | 2.8 | 11.9% |
| Bulgaria | 2.0 | 37.5 | 1.9 | 1.6 | -7.2% |
| Vietnam | 48.9 | 50.7 | 113 | 1.4 | -69.4% |
| Others | 26.5 | 29.1 | 38.2 | 40.2 | 14.9% |
| Total | 352 | 459 | 896 | 628 | 21.3% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Serbia in 2022:
- China (51.1K units)
- Italy (32.0K units)
- Czech Republic (2.7K units)
- Germany (1.8K units)
- Bulgaria (0.3K units)
- Vietnam (0.2K units)
Exports of Cycles; Parts Thereof, Saddles in Serbia
In 2022, the amount of cycles; parts thereof, saddleses exported from Serbia rose markedly to 3.6K units, with an increase of 6.1% on 2021 figures. The total export volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cycles; parts thereof, saddles exports fell sharply to $32K in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 133%. As a result, the exports attained the peak of $56K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cycles; Parts Thereof, Saddles in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 4.8 | 13.2 | 23.1 | 15.3 | 47.2% |
| Montenegro | 3.3 | 9.0 | 9.0 | 7.9 | 33.8% |
| North Macedonia | 2.0 | 6.5 | 6.6 | 2.6 | 9.1% |
| Croatia | 3.5 | 8.5 | 6.2 | 2.3 | -13.1% |
| Slovenia | 0.1 | 0.7 | 1.3 | 1.2 | 128.9% |
| France | 8.8 | 14.7 | 2.1 | 1.0 | -51.6% |
| Slovakia | 0.3 | 0.7 | 0.3 | 0.2 | -12.6% |
| Others | 1.4 | 3.1 | 3.1 | 1.5 | 2.3% |
| Total | 24.1 | 56.2 | 51.7 | 32.0 | 9.9% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Serbia in 2022:
- Montenegro (1618.0 units)
- Bosnia and Herzegovina (1297.0 units)
- North Macedonia (223.0 units)
- Croatia (197.0 units)
- France (88.0 units)
- Slovenia (59.0 units)
- Slovakia (37.0 units)
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