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

Contents:

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

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

The average cycles; parts thereof, saddles import price stood at $6.4 per unit in 2022, rising by 5.1% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cycles; parts thereof, saddles import price increased by +100.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($8.6 per unit), while the price for Indonesia ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average cycles; parts thereof, saddles export price stood at $12 per unit in 2022, remaining constant against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2015 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the maximum at $12 per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($20 per unit), while the average price for exports to Latvia ($3 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 Hungary (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Slovakia

In 2022, imports of cycles; parts thereof, saddleses into Slovakia shrank to 381K units, falling by -13.4% compared with 2021. The total import volume increased at an average annual rate of +1.8% 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 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 440K units, and then dropped in the following year.

In value terms, cycles; parts thereof, saddles imports reduced to $2.4M in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of $2.7M, and then reduced in the following year.

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

1. China (124.9K units)
2. Germany (89.7K units)
3. Taiwan (Chinese) (61.9K units)
4. Vietnam (27.0K units)
5. Italy (18.4K units)
6. Indonesia (17.1K units)
7. Czech Republic (16.0K units)

Exports of Cycles; Parts Thereof, Saddles in Slovakia

In 2022, cycles; parts thereof, saddles exports from Slovakia soared to 68K units, increasing by 17% against the previous year's figure. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 54%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cycles; parts thereof, saddles exports skyrocketed to $788K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Ireland (undefinedK units)
2. Czech Republic (22.4K units)
3. Germany (13.9K units)
4. Poland (11.1K units)
5. Latvia (6.4K units)
6. Hungary (4.1K units)
7. Austria (2.2K units)
8. Ukraine (1.7K units)
9. Belarus (1.0K units)

Source: IndexBox Market Intelligence Platform