Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania - 2023

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (CIF) - 2022
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (CIF) - 2022

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $9,822 per ton in 2022, increasing by 39% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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, pedals and crank-gear, and parts thereoves increased by +65.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($154,558 per ton), while the price for India ($3,541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (FOB) - 2022

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $47,652 per ton in 2022, shrinking by -58.9% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 71% against the previous year. The export price peaked at $141,631 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Germany ($237,081 per ton), while the average price for exports to Portugal ($6,447 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 Germany (+36.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Romania reduced dramatically to 1.4K tons, with a decrease of -49.2% against 2021. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of 2.7K tons, and then contracted remarkably in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped significantly to $13M in 2022. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, imports attained the peak of $19M, and then contracted sharply in the following year.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.02.96.45.623.1%
China2.62.55.84.721.8%
Taiwan (Chinese)0.90.91.30.8-3.9%
Germany1.91.93.60.7-28.3%
Netherlands0.30.30.50.30.0%
Philippines0.1N/A0.10.344.2%
India0.30.30.70.30.0%
Others1.20.90.60.7-16.4%
Total10.29.619.113.59.8%

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Romania in 2022:

  1. China (956.0 tons)
  2. Taiwan (Chinese) (170.2 tons)
  3. India (85.8 tons)
  4. Italy (36.1 tons)
  5. Philippines (34.4 tons)
  6. Germany (33.1 tons)
  7. Netherlands (25.3 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania

In 2022, approx. 222 tons of cycles; parts, pedals and crank-gear, and parts thereoves were exported from Romania; with an increase of 166% on 2021 figures. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves expanded notably to $11M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.92.66.46.530.9%
Germany0.80.71.41.523.3%
PortugalN/A0.20.11.1134.5%
Netherlands0.20.60.50.535.7%
France0.30.20.50.410.1%
Bulgaria0.10.10.20.226.0%
United Kingdom0.60.6N/AN/A0.0%
Others0.50.30.50.4-7.2%
Total5.55.49.710.624.4%

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Romania in 2022:

  1. Portugal (166.1 tons)
  2. Italy (39.7 tons)
  3. Germany (6.5 tons)
  4. Netherlands (2.6 tons)
  5. France (2.6 tons)
  6. Bulgaria (1.9 tons)

Source: IndexBox Market Intelligence Platform

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