Price for Cycles; Parts Thereof, Saddles in Estonia - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Estonia (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Estonia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Estonia
- Exports of Cycles; Parts Thereof, Saddles in Estonia
Price for Cycles; Parts Thereof, Saddles in Estonia (CIF) - 2022
The average cycles; parts thereof, saddles import price stood at $12 per unit in 2022, growing by 43% against the previous year. Over the last two years, it increased at an average annual rate of +10.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($27 per unit), while the price for the Netherlands ($5.3 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Saddles in Estonia (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $46 per unit, surging by 40% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 99%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($52 per unit), while the average price for exports to Russia ($41 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+64.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Estonia
For the fourth consecutive year, Estonia recorded growth in overseas purchases of cycles; parts thereof, saddleses, which increased by 3.4% to 14K units in 2022. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 8.2%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cycles; parts thereof, saddles imports skyrocketed to $160K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.3% 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 +101.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Cycles; Parts Thereof, Saddles in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 43.8 | 55.9 | 106 | 55.6% | |
| Belgium | 25.6 | 10.0 | 15.2 | -22.9% | |
| China | 0.5 | 1.4 | 9.5 | 335.9% | |
| Czech Republic | 11.0 | 10.6 | 7.9 | -15.3% | |
| Italy | 13.9 | 4.2 | 5.3 | -38.3% | |
| Netherlands | 6.9 | 5.5 | 4.5 | -19.2% | |
| Latvia | 2.4 | 5.3 | 4.2 | 32.3% | |
| Finland | 2.3 | 1.7 | 1.5 | -19.2% | |
| Lithuania | 5.8 | 6.1 | 0.2 | -81.4% | |
| Others | 5.9 | 7.2 | 5.7 | -1.7% | |
| Total | 118 | 108 | 160 | 16.4% | |
Top Suppliers of Cycles; Parts Thereof, Saddles to Estonia in 2022:
- Taiwan (Chinese) (7.9K units)
- Czech Republic (1.3K units)
- Netherlands (0.8K units)
- Italy (0.8K units)
- Latvia (0.8K units)
- China (0.8K units)
- Belgium (0.6K units)
- Finland (0.3K units)
Exports of Cycles; Parts Thereof, Saddles in Estonia
In 2022, shipments abroad of cycles; parts thereof, saddleses decreased by -51% to 198 units, falling for the second year in a row after two years of growth. In general, exports, however, showed perceptible growth. The pace of growth was the most pronounced in 2020 when exports increased by 173% against the previous year. As a result, the exports attained the peak of 508 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cycles; parts thereof, saddles exports shrank notably to $9.1K in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 145%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cycles; Parts Thereof, Saddles in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 4.2 | 7.0 | 8.6 | 6.4 | 15.1% |
| Lithuania | 2.2 | 2.7 | 2.9 | 2.6 | 5.7% |
| Russia | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Sweden | N/A | 6.1 | 1.6 | N/A | -73.8% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 6.4 | 15.8 | 13.3 | 9.1 | 12.4% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Estonia in 2022:
- Latvia (144.0 units)
- Lithuania (49.0 units)
- Russia (5.0 units)
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