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

Contents:

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

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $9,837 per ton in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. The import price peaked at $10,484 per ton in 2021, and then reduced 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 Taiwan (Chinese) ($23,278 per ton), while the price for China ($7,295 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cycles; parts thereof, wheel rims and spokeses amounted to $4,520 per ton, dropping by -56.9% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 149%. Over the period under review, the average export prices attained the maximum at $11,264 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($16,420 per ton), while the average price for exports to Chile ($244 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 Ghana (+192.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cycles; parts thereof, wheel rims and spokeses into Sweden soared to 430 tons in 2022, jumping by 71% against the previous year's figure. In general, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses soared to $4.2M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (300.3 tons)
2. China (63.0 tons)
3. Poland (23.7 tons)
4. Denmark (8.7 tons)
5. Switzerland (8.5 tons)
6. Netherlands (8.2 tons)
7. Taiwan (Chinese) (5.7 tons)

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

Exports of cycles; parts thereof, wheel rims and spokeses from Sweden surged to 38 tons in 2022, jumping by 282% compared with 2021 figures. Overall, exports recorded a relatively flat trend pattern.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses soared to $171K in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Brazil (30.1 tons)
2. Norway (2.3 tons)
3. Chile (1.9 tons)
4. Denmark (1.7 tons)
5. United Kingdom (0.5 tons)
6. Ghana (0.3 tons)
7. Finland (0.3 tons)

Source: IndexBox Market Intelligence Platform