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

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Sweden (CIF) - 2023
2. Price for Cycles; Parts Thereof, Saddles in Sweden (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Sweden
4. Exports of Cycles; Parts Thereof, Saddles in Sweden

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

The average cycles; parts thereof, saddles import price stood at $8.0 per unit in July 2023, standing approximately at the previous month. Overall, the import price recorded a perceptible decline. The pace of growth was the most pronounced in April 2023 when the average import price increased by 20% month-to-month. As a result, import price attained the peak level of $12.4 per unit. From May 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($21.6 per unit), while the price for Italy ($5.8 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 Denmark (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average cycles; parts thereof, saddles export price amounted to $4.8 per unit, with a decrease of -34.3% against the previous year. In general, the export price, however, posted a strong expansion. The growth pace was the most rapid in 2014 an increase of 76%. Over the period under review, the average export prices reached the maximum at $7.3 per unit in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($12 per unit), while the average price for exports to Finland ($3.6 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 Norway (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Sweden

In 2022, overseas purchases of cycles; parts thereof, saddleses decreased by -0.3% to 650K units, falling for the second year in a row after two years of growth. In general, imports saw a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of 2.5% against the previous year. As a result, imports attained the peak of 705K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cycles; parts thereof, saddles imports fell to $3M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of $3.2M, and then reduced in the following year.

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

1. Italy (354.6K units)
2. Vietnam (107.2K units)
3. China (99.2K units)
4. Taiwan (Chinese) (24.7K units)
5. Netherlands (21.7K units)
6. Germany (14.9K units)
7. Denmark (12.3K units)

Exports of Cycles; Parts Thereof, Saddles in Sweden

In 2022, after two years of decline, there was significant growth in shipments abroad of cycles; parts thereof, saddleses, when their volume increased by 24% to 118K units. Overall, exports, however, saw a deep contraction. The exports peaked at 148K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles exports contracted rapidly to $569K in 2022. The total export value increased at an average annual rate of +1.3% 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 40%. As a result, the exports attained the peak of $766K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Finland (66.9K units)
2. Denmark (30.1K units)
3. Norway (13.4K units)
4. Poland (3.3K units)
5. Austria (3.3K units)

Source: IndexBox Market Intelligence Platform