Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic (CIF) - 2023
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic (FOB) - 2023
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic (CIF) - 2023
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $20,022 per ton in November 2023, which is down by -35.8% against the previous month. In general, the import price recorded a slight descent. The growth pace was the most rapid in May 2023 when the average import price increased by 50% against the previous month. The import price peaked at $31,195 per ton in October 2023, and then contracted sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($95,216 per ton), while the price for the Netherlands ($6,724 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 Portugal (+3.8%), 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 the Czech Republic (FOB) - 2023
In November 2023, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $21,962 per ton, falling by -2.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 66% against the previous month. As a result, the export price reached the peak level of $29,452 per ton. From April 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Slovakia ($65,128 per ton), while the average price for exports to the Netherlands ($7,430 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 Romania (+8.6%), 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 the Czech Republic
In 2022, approx. 1.2K tons of cycles; parts, pedals and crank-gear, and parts thereoves were imported into the Czech Republic; surging by 15% against the previous year. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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 +55.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves surged to $28M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 3.8 | 4.9 | 9.8 | 121.6% |
| Taiwan (Chinese) | 4.4 | 2.5 | 4.1 | 6.3 | 12.7% |
| China | 2.8 | 1.9 | 3.5 | 5.2 | 22.9% |
| Portugal | 0.3 | 0.1 | 0.6 | 1.7 | 78.3% |
| Netherlands | 0.1 | 1.7 | 2.5 | 1.6 | 152.0% |
| Malaysia | 2.4 | N/A | N/A | 1.0 | -25.3% |
| Philippines | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Indonesia | 1.0 | N/A | N/A | 0.1 | -53.6% |
| Others | 2.6 | 3.1 | 4.1 | 2.2 | -5.4% |
| Total | 14.9 | 13.2 | 19.9 | 28.0 | 23.4% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to the Czech Republic in 2022:
- China (479.2 tons)
- Taiwan (Chinese) (264.4 tons)
- Germany (208.2 tons)
- Netherlands (153.2 tons)
- Portugal (50.7 tons)
- Malaysia (28.5 tons)
- Philippines (8.0 tons)
- Indonesia (4.1 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic
For the third year in a row, the Czech Republic recorded decline in overseas shipments of cycles; parts, pedals and crank-gear, and parts thereoves, which decreased by -38.8% to 74 tons in 2022. In general, exports faced a dramatic shrinkage. The smallest decline of -4.2% was in 2021.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves contracted markedly to $1.9M in 2022. Over the period under review, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $3M, and then shrank markedly in the following year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 694 | 713 | 906 | 497 | -10.5% |
| Slovakia | 270 | 286 | 520 | 387 | 12.7% |
| Germany | 167 | 308 | 291 | 271 | 17.5% |
| Bulgaria | 226 | 225 | 319 | 96.1 | -24.8% |
| Netherlands | 78.0 | 43.5 | 57.7 | 88.1 | 4.1% |
| Hungary | 102 | 136 | 257 | 78.7 | -8.3% |
| Romania | 35.6 | 47.2 | 102 | 67.7 | 23.9% |
| Austria | 70.1 | 102 | 66.5 | 55.5 | -7.5% |
| Lithuania | 33.9 | 57.4 | 57.3 | 45.8 | 10.5% |
| Denmark | 96.6 | 125 | 30.2 | 30.5 | -31.9% |
| Slovenia | 23.2 | 71.4 | 56.9 | 22.2 | -1.5% |
| Serbia | 0.4 | 0.5 | 8.6 | 14.7 | 232.5% |
| Belarus | 12.4 | 9.1 | 12.4 | 11.7 | -1.9% |
| Others | 245 | 304 | 292 | 188 | -8.4% |
| Total | 2,054 | 2,430 | 2,976 | 1,855 | -3.3% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from the Czech Republic in 2022:
- Poland (16.6 tons)
- Slovakia (9.9 tons)
- Netherlands (8.4 tons)
- Bulgaria (6.8 tons)
- Hungary (5.7 tons)
- Romania (4.9 tons)
- Germany (4.7 tons)
- Lithuania (2.1 tons)
- Belarus (1.9 tons)
- Denmark (1.8 tons)
- Serbia (1.6 tons)
- Slovenia (1.2 tons)
- Austria (1.2 tons)
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