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

Contents:

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

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $4,636 per ton in 2022, growing by 23% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,088 per ton), while the price for China amounted to $4,576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%).

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

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $2,573 per ton in 2022, jumping by 28% against the previous year. Overall, the export price continues to indicate a perceptible increase. The growth pace was the most rapid in 2016 when the average export price increased by 734%. The export price peaked at $12,357 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,639 per ton), while the average price for exports to Moldova amounted to $2,302 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cycles; parts thereof, wheel rims and spokeses decreased by -75% to 144 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 5.8% against the previous year. As a result, imports attained the peak of 646 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses shrank remarkably to $669K in 2022. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 32%.

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

1. China (140.8 tons)
2. Taiwan (Chinese) (2.2 tons)

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

In 2022, approx. 1.7 tons of cycles; parts thereof, wheel rims and spokeses were exported from Ukraine; rising by 104% on the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 3,732% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses skyrocketed to $4.4K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 7,591% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Moldova (1549.0 kg)
2. United States (147.0 kg)
3. Belarus (24.0 kg)

Source: IndexBox Market Intelligence Platform