Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia - 2023

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia (CIF) - 2022
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia (CIF) - 2022

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $23,309 per ton, which is down by -13% against the previous year. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of 113%. As a result, import price reached the peak level of $46,889 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($83,915 per ton), while the price for Poland ($8,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia (FOB) - 2022

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $41,776 per ton in 2022, dropping by -40.2% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2018 when the average export price increased by 351% against the previous year. The export price peaked at $84,606 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($691,273 per ton), while the average price for exports to Latvia ($23,960 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 Belarus (+148.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia

In 2022, approx. 18 tons of cycles; parts thereof, wheel rims and spokeses were imported into Estonia; with an increase of 45% compared with 2021. Over the period under review, imports saw a perceptible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses surged to $429K in 2022. Overall, imports showed slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Estonia in 2022:

1. Taiwan (Chinese) (13.9 tons)
2. Belgium (2.5 tons)
3. Poland (0.9 tons)
4. Italy (0.4 tons)
5. China (0.2 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Estonia

In 2022, approx. 442 kg of cycles; parts thereof, wheel rims and spokeses were exported from Estonia; growing by 160% on 2021. In general, exports posted resilient growth.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses skyrocketed to $18K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 111%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Estonia in 2022:

1. Latvia (422.0 kg)
2. Kazakhstan (11.0 kg)
3. Lithuania (7.0 kg)

Source: IndexBox Market Intelligence Platform