Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Israel - 2022

Contents:

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

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $6,089 per ton in 2022, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($25,404 per ton), while the price for China ($2,967 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cycles; parts thereof, wheel rims and spokeses amounted to $8,939 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 21% against the previous year. As a result, the export price reached the peak level of $9,030 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($7,843 per ton) and Australia ($7,813 per ton), while the average price for exports to Chile ($7,752 per ton) and the UK ($7,813 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+309.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of cycles; parts thereof, wheel rims and spokeses into Israel declined rapidly to 65 tons, waning by -27.7% on the year before. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 90 tons, and then dropped dramatically in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses dropped to $396K in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $441K, and then dropped in the following year.

Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10111518214813.6%
United States42.123.320.255.09.3%
Italy29.234.123.144.014.6%
Taiwan (Chinese)30.821.558.644.012.6%
Singapore5.710.81.038.088.2%
Poland17.02.71.07.0-25.6%
United Kingdom7.311.78.67.0-1.4%
Palestine45.311.31.5N/A-81.8%
Others43.311114553.07.0%
Total3223414413967.1%

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

  1. China (49.9 tons)
  2. Italy (4.2 tons)
  3. United States (2.3 tons)
  4. United Kingdom (1.9 tons)
  5. Taiwan (Chinese) (1.7 tons)
  6. Singapore (1.7 tons)
  7. Poland (1.6 tons)

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

After two years of decline, shipments abroad of cycles; parts thereof, wheel rims and spokeses increased by 58% to 895 kg in 2022. Overall, exports, however, showed a sharp decrease.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses skyrocketed to $8K in 2022. Over the period under review, exports, however, showed a dramatic decrease.

Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.6N/A4.053.8%
Australia0.20.1N/A1.071.0%
United Kingdom0.20.2N/A1.071.0%
Chile0.10.1N/A1.0115.4%
Cote d'Ivoire0.2N/AN/AN/A0%
Japan0.80.70.1N/A-64.6%
Palestine31.917.23.9N/A-65.0%
Netherlands1.71.50.2N/A-65.7%
Others3.73.60.71.0-35.3%
Total40.024.05.08.0-41.5%

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

  1. United States (510.0 kg)
  2. Chile (129.0 kg)
  3. United Kingdom (128.0 kg)
  4. Australia (128.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, wheel rims and spokes - Israel