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

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia (CIF) - 2022
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia (CIF) - 2022

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $8,216 per ton, waning by -11.8% against the previous year. In general, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2017 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $11,030 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($17,800 per ton), while the price for China ($4,637 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Croatia (FOB) - 2022

In 2022, the average export price for cycles; parts thereof, wheel rims and spokeses amounted to $14,568 per ton, surging by 3.3% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cycles; parts thereof, wheel rims and spokeses decreased by -26.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 80%. Over the period under review, the average export prices attained the maximum at $19,927 per ton in 2019; however, from 2020 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 North Macedonia ($53,056 per ton), while the average price for exports to Lithuania ($3,358 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 North Macedonia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of cycles; parts thereof, wheel rims and spokeses, when their volume decreased by -25.5% to 20 tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 +20.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports reached the peak of 26 tons, and then dropped remarkably in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses declined significantly to $162K in 2022. Overall, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $247K, and then fell rapidly in the following year.

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

1. Czech Republic (8.9 tons)
2. Germany (5.2 tons)
3. China (3.4 tons)
4. France (0.8 tons)
5. Italy (0.5 tons)
6. Slovenia (0.5 tons)

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

In 2022, approx. 190 kg of cycles; parts thereof, wheel rims and spokeses were exported from Croatia; rising by 43% compared with the previous year. Overall, exports, however, faced a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 224%. As a result, the exports reached the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses soared to $2.8K in 2022. Over the period under review, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 154% against the previous year. As a result, the exports reached the peak of $21K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Hungary (84.0 kg)
2. Lithuania (67.0 kg)
3. North Macedonia (18.0 kg)
4. United States (9.0 kg)
5. Peru (7.0 kg)
6. Slovenia (3.0 kg)

Source: IndexBox Market Intelligence Platform