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

Contents:

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

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $13,193 per ton in 2022, growing by 14% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts thereof, wheel rims and spokeses increased by +75.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($107,582 per ton), while the price for Belgium ($887 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+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 Poland (FOB) - 2023

In November 2023, the average export price for cycles; parts thereof, wheel rims and spokeses amounted to $50,628 per ton, rising by 2.9% against the previous month. Overall, export price indicated a perceptible expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for cycles; parts thereof, wheel rims and spokeses increased by +54.6% against July 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 38% against the previous month. As a result, the export price reached the peak level of $52,555 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Belgium ($229K per ton), while the average price for exports to the Netherlands ($25,217 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of cycles; parts thereof, wheel rims and spokeses into Poland declined slightly to 3.5K tons, dropping by -4.2% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +57.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 3.7K tons, and then shrank modestly in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses rose markedly to $46M in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. China (1400.1 tons)
2. Belgium (894.3 tons)
3. Germany (615.1 tons)
4. Netherlands (192.2 tons)
5. Switzerland (139.7 tons)
6. Taiwan (Chinese) (92.3 tons)
7. Czech Republic (64.5 tons)

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

In 2022, approx. 297 tons of cycles; parts thereof, wheel rims and spokeses were exported from Poland; jumping by 27% against the previous year. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 66% against the previous year. The exports peaked 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 totaled $11M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Germany (136.0 tons)
2. Slovakia (37.7 tons)
3. Netherlands (33.3 tons)
4. United States (24.2 tons)
5. Switzerland (18.9 tons)
6. France (8.0 tons)
7. Czech Republic (6.4 tons)
8. Taiwan (Chinese) (4.2 tons)
9. United Kingdom (3.5 tons)
10. Russia (2.1 tons)
11. Austria (1.5 tons)

Source: IndexBox Market Intelligence Platform