Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland - 2023

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (CIF) - 2023
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (CIF) - 2023

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $11,809 per ton in November 2023, surging by 23% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 42% against the previous month. The import price peaked at $17,035 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($28,692 per ton), while the price for India ($4,555 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $42,243 per ton, shrinking by -6.1% against the previous year. In general, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 85% against the previous year. The export price peaked at $44,984 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($138,518 per ton), while the average price for exports to Belarus ($8,443 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Poland contracted to 3.3K tons, which is down by -9.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 3.7K tons, and then fell in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves rose remarkably to $30M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.94.59.09.223.4%
Malaysia2.62.14.05.226.0%
Taiwan (Chinese)3.32.13.44.17.5%
Germany3.14.74.83.10.0%
Philippines1.41.02.32.826.0%
India0.50.20.80.4-7.2%
Others2.72.64.14.922.0%
Total18.517.128.329.817.2%

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Poland in 2022:

  1. China (1784.5 tons)
  2. Philippines (446.9 tons)
  3. Germany (381.2 tons)
  4. Malaysia (201.8 tons)
  5. Taiwan (Chinese) (201.0 tons)
  6. India (116.8 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland

In 2022, shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -29.2% to 62 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 68%.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves shrank rapidly to $2.6M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 211% against the previous year.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13.855.21,078795286.2%
Germany38.5160258352109.1%
Czech Republic15026144034431.9%
Estonia87.014320319631.1%
Lithuania56.311327617746.5%
United Kingdom1.0255188163446.3%
Romania2.88.96.9115245.0%
Latvia51.578.510687.419.3%
Slovakia21.847.717.766.044.7%
Belarus58.851.615.836.8-14.5%
France37.055.660.219.4-19.4%
Russia20.237.950.911.4-17.4%
Netherlands1013.97.95.4-62.3%
Others70.39391,20823349.1%
Total7102,2103,9162,60254.2%

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Poland in 2022:

  1. Czech Republic (11.3 tons)
  2. Germany (8.0 tons)
  3. Lithuania (6.4 tons)
  4. Italy (5.7 tons)
  5. Slovakia (4.7 tons)
  6. Estonia (4.5 tons)
  7. Belarus (4.4 tons)
  8. Romania (3.9 tons)
  9. Latvia (3.4 tons)
  10. United Kingdom (2.3 tons)
  11. France (0.8 tons)
  12. Russia (0.7 tons)
  13. Netherlands (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts, pedals and crank-gear, and parts thereof - Poland