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

Contents:

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

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

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $15,708 per ton, dropping by -38% against the previous year. In general, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2013 when the average import price increased by 261% against the previous year. The import price peaked at $25,337 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($132,861 per ton), while the price for Turkey ($632 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $8,275 per ton in 2022, which is down by -14.3% against the previous year. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $14,245 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 Canada ($29,600 per ton), while the average price for exports to the UK ($6,778 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 Norway (+77.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cycles; parts thereof, wheel rims and spokeses into Ireland skyrocketed to 26 tons in 2022, growing by 51% on 2021. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses shrank to $407K in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 191% against the previous year. As a result, imports attained the peak of $435K, and then shrank in the following year.

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

1. United Kingdom (19.3 tons)
2. Netherlands (2.5 tons)
3. Italy (1.5 tons)
4. France (0.8 tons)
5. Germany (0.6 tons)
6. China (0.4 tons)

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

In 2022, approx. 4 tons of cycles; parts thereof, wheel rims and spokeses were exported from Ireland; reducing by -28.5% on the previous year's figure. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 206% against the previous year. As a result, the exports attained the peak of 5.6 tons, and then dropped notably in the following year.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses fell sharply to $33K in 2022. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 108% against the previous year. As a result, the exports reached the peak of $54K, and then contracted sharply in the following year.

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

1. United Kingdom (3562.0 kg)
2. Switzerland (306.0 kg)
3. Norway (103.0 kg)
4. Canada (20.0 kg)

Source: IndexBox Market Intelligence Platform