Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Austria - 2023

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Austria (CIF) - 2023
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Austria (FOB) - 2023
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Austria
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Austria

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Austria (CIF) - 2023

In November 2023, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $31,092 per ton, rising by 6.1% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2023 an increase of 20% month-to-month. As a result, import price attained the peak level of $34,596 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($138K per ton), while the price for Italy ($24,289 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 China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Austria (FOB) - 2023

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $42,815 per ton in October 2023, waning by -49.8% against the previous month. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 443% month-to-month. Over the period under review, the average export prices reached the maximum at $259K per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($124K per ton), while the average price for exports to the Netherlands ($29,538 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Austria

In 2022, after three years of growth, there was significant decline in purchases abroad of cycles; parts thereof, wheel rims and spokeses, when their volume decreased by -23% to 318 tons. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 +29.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of 412 tons, and then reduced remarkably in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses dropped remarkably to $9.1M in 2022. In general, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 73%. As a result, imports attained the peak of $12M, and then declined significantly in the following year.

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Austria in 2022:

1. Switzerland (113.0 tons)
2. Italy (100.7 tons)
3. Netherlands (72.4 tons)
4. China (9.3 tons)
5. Belgium (6.3 tons)
6. Germany (4.8 tons)
7. France (1.8 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Austria

For the fourth consecutive year, Austria recorded growth in overseas shipments of cycles; parts thereof, wheel rims and spokeses, which increased by 428% to 29 tons in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses surged to $1.9M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Austria in 2022:

1. Germany (21.6 tons)
2. Slovakia (4.0 tons)
3. Poland (0.9 tons)
4. Netherlands (0.7 tons)
5. Switzerland (0.7 tons)
6. South Korea (0.3 tons)

Source: IndexBox Market Intelligence Platform