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

Contents:

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

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

In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $17,488 per ton, with an increase of 21% against the previous year. Over the period under review, the import price showed a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. Over the period under review, average import prices reached the maximum at $18,686 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($95,155 per ton), while the price for China ($12,185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.9%), 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 Sweden (FOB) - 2022

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $69,642 per ton in 2022, with an increase of 86% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 166% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Norway ($133,289 per ton), while the average price for exports to China ($17,833 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 Austria (+81.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of cycles; parts, pedals and crank-gear, and parts thereoves into Sweden amounted to 239 tons, picking up by 13% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $4.2M in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6766451,1221,36626.4%
Denmark63.336.152.1832136.0%
Germany38731845153411.3%
Netherlands78.814542146280.3%
Taiwan (Chinese)2542982712762.8%
Malaysia88.985.813422836.9%
Japan10786.819918820.7%
Philippines62.365.113650.9-6.5%
Cambodia45.322.91.2N/A-83.7%
Others270123272241-3.7%
Total2,0331,8263,0594,17927.1%

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

  1. China (112.1 tons)
  2. Denmark (50.9 tons)
  3. Germany (30.6 tons)
  4. Netherlands (14.9 tons)
  5. Taiwan (Chinese) (14.5 tons)
  6. Malaysia (6.7 tons)
  7. Japan (2.0 tons)
  8. Philippines (1.9 tons)

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

In 2022, approx. 16 tons of cycles; parts, pedals and crank-gear, and parts thereoves were exported from Sweden; with a decrease of -37.4% on the previous year. Overall, exports continue to indicate a sharp shrinkage.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $1.1M in 2022. Over the period under review, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 31%.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway48.8135362473113.2%
Denmark11014321229939.6%
Finland659328292203-32.5%
BrazilN/AN/A4.751.71000.0%
United States35.018.11.321.9-14.5%
Austria28238.210.320.6-58.2%
Poland20.029.918.12.1-52.8%
Others34.117.926.711.5-30.4%
Total1,1897099281,083-3.1%

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

  1. Denmark (5.1 tons)
  2. Finland (4.6 tons)
  3. Norway (3.5 tons)
  4. Brazil (1.4 tons)
  5. Austria (0.3 tons)
  6. Poland (0.2 tons)
  7. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts, pedals and crank-gear, and parts thereof - Sweden