Price for Cycles; Parts Thereof, Saddles in Greece - 2023

Contents:

  1. Price for Cycles; Parts Thereof, Saddles in Greece (CIF) - 2022
  2. Price for Cycles; Parts Thereof, Saddles in Greece (FOB) - 2022
  3. Imports of Cycles; Parts Thereof, Saddles in Greece
  4. Exports of Cycles; Parts Thereof, Saddles in Greece

Price for Cycles; Parts Thereof, Saddles in Greece (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $2.8 per unit in 2022, rising by 25% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The import price peaked at $3 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4.5 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Greece (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $7.6 per unit in 2022, shrinking by -7.4% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 464%. As a result, the export price attained the peak level of $18 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($13 per unit), while the average price for exports to Estonia ($0.6 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 Germany (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles; Parts Thereof, Saddles in Greece

After three years of growth, overseas purchases of cycles; parts thereof, saddleses decreased by -18.3% to 311K units in 2022. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum at 381K units in 2021, and then contracted dramatically in the following year.

In value terms, cycles; parts thereof, saddles imports expanded slightly to $881K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Cycles; Parts Thereof, Saddles in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12216119336444.0%
Italy23829853134613.3%
Netherlands24.214.431.094.157.3%
Taiwan (Chinese)20.78.818.525.67.3%
Indonesia41.655.28.7N/A-54.3%
Others46.952.880.752.13.6%
Total49459186388121.3%

Top Suppliers of Cycles; Parts Thereof, Saddles to Greece in 2022:

  1. China (178.9K units)
  2. Italy (90.8K units)
  3. Netherlands (29.7K units)
  4. Taiwan (Chinese) (5.7K units)

Exports of Cycles; Parts Thereof, Saddles in Greece

For the fourth consecutive year, Greece recorded growth in overseas shipments of cycles; parts thereof, saddleses, which increased by 48% to 65K units in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, cycles; parts thereof, saddles exports soared to $494K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 43%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Cycles; Parts Thereof, Saddles in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10.416.523.3281200.1%
Netherlands65.590.314212323.4%
Germany76.986.213150.6-13.0%
France19.922.931.114.8-9.4%
HungaryN/A3.6N/A5.523.6%
Cyprus0.42.73.83.2100.0%
EstoniaN/AN/AN/A1.40%
Others30.031.131.314.6-21.3%
Total20325336249434.5%

Top Export Markets for Cycles; Parts Thereof, Saddles from Greece in 2022:

  1. Italy (33.7K units)
  2. Netherlands (9.5K units)
  3. Hungary (8.4K units)
  4. Germany (7.9K units)
  5. Estonia (2.2K units)
  6. France (1.2K units)
  7. Cyprus (1.0K units)

Source: IndexBox Market Intelligence Platform

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