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

Price for Cycles; Parts Thereof, Saddles in Poland (CIF) - 2023

The average cycles; parts thereof, saddles import price stood at $8.6 per unit in July 2023, rising by 1.7% against the previous month. Overall, the import price, however, showed a slight setback. The growth pace was the most rapid in November 2022 an increase of 31% m-o-m. Over the period under review, average import prices attained the maximum at $11.5 per unit in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($16.0 per unit), while the price for China ($6.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Poland (FOB) - 2023

In July 2023, the average cycles; parts thereof, saddles export price amounted to $31.7 per unit, growing by 16% against the previous month. Overall, the export price continues to indicate a strong increase. The growth pace was the most rapid in November 2022 when the average export price increased by 154% month-to-month. Over the period under review, the average export prices reached the peak figure at $45.0 per unit in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Austria ($55.7 per unit), while the average price for exports to Ireland ($5.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Poland

Cycles; parts thereof, saddles imports into Poland reduced notably to 3.1M units in 2022, with a decrease of -15.3% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +27.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 3.6M units, and then shrank markedly in the following year.

In value terms, cycles; parts thereof, saddles imports rose to $12M in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Cycles; Parts Thereof, Saddles in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.9	2.1	4.9	4.4	14.9%
Italy	1.9	1.8	2.2	3.2	19.0%
Vietnam	0.3	0.4	0.7	1.2	58.7%
Germany	0.7	0.7	1.5	1.2	19.7%
Taiwan (Chinese)	0.7	0.6	0.8	0.7	0.0%
France	N/A	0.2	0.3	0.3	22.5%
India	0.2	0.1	0.2	0.1	-20.6%
Others	N/A	0.2	0.5	0.3	22.5%
Total	6.7	6.2	11.1	11.5	19.7%

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

China (1595.3K units)
Vietnam (465.4K units)
Italy (459.1K units)
Germany (318.3K units)
Taiwan (Chinese) (78.3K units)
India (67.8K units)
France (48.1K units)

Exports of Cycles; Parts Thereof, Saddles in Poland

After three years of growth, overseas shipments of cycles; parts thereof, saddleses decreased by -72.3% to 460K units in 2022. In general, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 7.1%. Over the period under review, the exports attained the peak figure at 1.7M units in 2021, and then declined significantly in the following year.

In value terms, cycles; parts thereof, saddles exports shrank sharply to $1.6M in 2022. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of $5.7M, and then contracted notably in the following year.

Export of Cycles; Parts Thereof, Saddles in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	620	595	1,024	331	-18.9%
Slovakia	79.0	238	308	250	46.8%
Austria	131	179	242	201	15.3%
Czech Republic	184	81.4	158	127	-11.6%
Netherlands	0.2	2.8	37.5	108	714.3%
Finland	162	167	167	99.7	-14.9%
United Kingdom	95.4	510	512	87.1	-3.0%
France	2,277	1,929	1,882	82.1	-67.0%
Sweden	217	205	307	65.1	-33.1%
Spain	42.6	80.2	95.3	37.5	-4.2%
Australia	20.1	176	57.6	32.7	17.6%
Norway	45.8	28.3	35.6	24.0	-19.4%
Belgium	117	92.0	106	0.9	-80.3%
Others	304	443	817	196	-13.6%
Total	4,294	4,725	5,749	1,642	-27.4%