Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Switzerland - 2024

Contents:

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

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

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $23,968 per ton in 2022, which is down by -4.8% against the previous year. Overall, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $31,610 per ton in 2013; however, from 2014 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 Taiwan (Chinese) ($83,565 per ton), while the average price for exports to Belgium ($8,086 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 Taiwan (Chinese) (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $26,922 per ton in 2022, with an increase of 39% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2016 an increase of 39% against the previous year. As a result, import price attained the peak level of $52,258 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($109,135 per ton), while the price for Belgium ($3,593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of cycles; parts thereof, wheel rims and spokeses from Switzerland rose modestly to 1.4K tons, with an increase of 2.6% on 2021 figures. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses contracted to $33M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports attained the peak of $34M, and then declined slightly in the following year.

Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.17.29.79.723.9%
Taiwan (Chinese)5.17.99.28.819.9%
Poland3.34.45.45.014.9%
Austria1.92.23.32.712.4%
Netherlands1.11.11.52.022.1%
United States1.20.91.61.916.6%
Belgium3.11.11.41.3-25.1%
Others1.41.62.22.012.6%
Total22.126.534.233.414.8%

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

  1. Germany (665.6 tons)
  2. Belgium (154.7 tons)
  3. Poland (153.8 tons)
  4. Austria (116.8 tons)
  5. Taiwan (Chinese) (105.2 tons)
  6. Netherlands (76.7 tons)
  7. United States (40.7 tons)

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

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 -8.1% to 418 tons. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 455 tons, and then shrank in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses soared to $11M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2,2892,8012,1914,99129.7%
China1,0691,1951,5861,59614.3%
Germany6661,1081,4061,13519.4%
France40853575958112.5%
Belgium945421763492-19.6%
United Kingdom3952156614806.7%
Portugal43.927.416415251.3%
Hungary551235142128-38.5%
Others1,1951,1871,1461,71112.7%
Total7,5637,7258,81811,26514.2%

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

  1. Taiwan (Chinese) (147.9 tons)
  2. Belgium (136.8 tons)
  3. France (38.3 tons)
  4. China (25.0 tons)
  5. United Kingdom (14.9 tons)
  6. Germany (12.9 tons)
  7. Portugal (10.8 tons)
  8. Hungary (7.3 tons)

Source: IndexBox Market Intelligence Platform

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