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

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in the Netherlands (CIF) - 2023
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in the Netherlands (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in the Netherlands
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in the Netherlands

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $14,202 per ton in November 2023, falling by -14.1% against the previous month. Overall, import price indicated noticeable growth from November 2022 to November 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for cycles; parts thereof, wheel rims and spokeses decreased by -19.4% against September 2023 indices. The pace of growth was the most pronounced in August 2023 an increase of 66% against the previous month. Over the period under review, average import prices reached the maximum at $17,627 per ton in September 2023; however, from October 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Taiwan (Chinese) ($45,414 per ton), while the price for France ($6,480 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 Belgium (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $9,096 per ton in 2022, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73% against the previous year. The export price peaked at $22,288 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($28,190 per ton), while the average price for exports to Hungary ($5,606 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 Portugal (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cycles; parts thereof, wheel rims and spokeses into the Netherlands amounted to 3.3K tons in 2022, growing by 11% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +59.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses soared to $38M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +73.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Belgium (1763.2 tons)
2. Portugal (304.1 tons)
3. Taiwan (Chinese) (299.2 tons)
4. China (246.7 tons)
5. France (188.1 tons)
6. Germany (137.5 tons)
7. Italy (107.2 tons)
8. Malaysia (52.7 tons)

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

After three years of growth, shipments abroad of cycles; parts thereof, wheel rims and spokeses decreased by -37.8% to 2.2K tons in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,204% against the previous year.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses shrank significantly to $20M in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 489%.

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

1. Germany (516.2 tons)
2. Hungary (443.8 tons)
3. Poland (334.3 tons)
4. Lithuania (223.0 tons)
5. Belgium (173.5 tons)
6. Italy (89.4 tons)
7. France (87.0 tons)
8. Bulgaria (80.5 tons)
9. Portugal (72.5 tons)
10. Austria (50.4 tons)
11. Denmark (43.4 tons)

Source: IndexBox Market Intelligence Platform