Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal - 2023
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (FOB) - 2023
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (CIF) - 2022
- Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (FOB) - 2023
The average export price for cycles; parts thereof, wheel rims and spokeses stood at $18,614 per ton in November 2023, increasing by 18% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($50,659 per ton), while the average price for exports to Poland ($11,547 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (CIF) - 2022
In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $12,478 per ton, rising by 84% against the previous year. Overall, the import price, however, showed a mild reduction. Over the period under review, average import prices attained the maximum at $24,475 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($30,297 per ton), while the price for France ($6,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal
In 2022, the amount of cycles; parts thereof, wheel rims and spokeses exported from Portugal rose sharply to 1.5K tons, picking up by 5% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of cycles; parts thereof, wheel rims and spokeses surged to $22M in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 51%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.0 | 3.9 | 6.7 | 9.0 | 31.0% |
Netherlands | 2.2 | 2.0 | 2.8 | 2.6 | 5.7% |
France | 0.4 | 0.3 | 0.8 | 1.9 | 68.1% |
Hungary | 2.4 | 1.6 | 1.6 | 1.5 | -14.5% |
Spain | 0.9 | 0.9 | 1.3 | 1.4 | 15.9% |
Czech Republic | 0.2 | 0.4 | 0.4 | 1.2 | 81.7% |
Lithuania | 0.6 | 0.3 | 0.5 | 0.9 | 14.5% |
Others | 1.4 | 1.6 | 2.7 | 3.9 | 40.7% |
Total | 12.0 | 11.1 | 16.8 | 22.5 | 23.3% |
Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Portugal in 2022:
- Germany (599.0 tons)
- Netherlands (201.9 tons)
- Spain (119.4 tons)
- France (104.3 tons)
- Hungary (97.4 tons)
- Czech Republic (76.3 tons)
- Lithuania (72.7 tons)
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal
In 2022, overseas purchases of cycles; parts thereof, wheel rims and spokeses decreased by -51.4% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 225%. As a result, imports attained the peak of 3.4K tons, and then declined dramatically in the following year.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses shrank to $21M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $23M, and then dropped in the following year.
Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 4.7 | 3.7 | 10.0 | 6.0 | 8.5% |
China | 0.8 | 1.0 | 2.9 | 3.0 | 55.4% |
Taiwan (Chinese) | 1.7 | 0.9 | 1.0 | 1.7 | 0.0% |
Germany | 0.4 | 0.4 | 0.9 | 1.6 | 58.7% |
Italy | 0.4 | 0.2 | 0.1 | 0.8 | 26.0% |
Belgium | 0.2 | 0.3 | 0.6 | 0.7 | 51.8% |
Netherlands | N/A | N/A | N/A | 0.4 | 0% |
Spain | 0.6 | 0.9 | 0.7 | 0.2 | -30.7% |
Others | 6.5 | 5.8 | 6.8 | 6.2 | -1.6% |
Total | 15.4 | 13.2 | 23.1 | 20.6 | 10.2% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Portugal in 2022:
- France (979.1 tons)
- China (276.1 tons)
- Germany (124.7 tons)
- Italy (64.7 tons)
- Taiwan (Chinese) (55.9 tons)
- Belgium (52.8 tons)
- Netherlands (27.4 tons)
- Spain (16.5 tons)
This report provides an in-depth analysis of the market for bicycle frames and forks in Portugal.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
This report provides an in-depth analysis of the market for bicycle frames and forks in Portugal.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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