Price for Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand - 2022
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (CIF) - 2022
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (FOB) - 2022
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand
- Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (CIF) - 2022
In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $127,852 per ton, increasing by 11% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 14% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,231,822 per ton), while the price for Japan ($66,743 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (FOB) - 2022
The average export price for cycles; parts thereof, wheel rims and spokeses stood at $22,201 per ton in 2022, with an increase of 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +5.0%. The pace of growth appeared the most rapid in 2013 an increase of 7.8%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($68,670 per ton), while the average price for exports to Australia amounted to $17,907 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.4%).
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand
Imports of cycles; parts thereof, wheel rims and spokeses into New Zealand contracted significantly to 11 tons in 2022, falling by -27.8% on the previous year. Overall, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of 15 tons, and then contracted sharply in the following year.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses reduced rapidly to $1.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 +27.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of $1.7M, and then shrank significantly in the following year.
| Import of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 372 | 296 | 482 | 451 | 6.6% |
| China | 104 | 219 | 362 | 307 | 43.5% |
| United States | 216 | 175 | 298 | 228 | 1.8% |
| Switzerland | 21.1 | 106 | 209 | 111 | 73.9% |
| France | 41.9 | 36.3 | 38.6 | 56.8 | 10.7% |
| Canada | 0.1 | 11.8 | 67.4 | 42.6 | 652.4% |
| United Kingdom | 61.8 | 69.0 | 45.1 | 31.3 | -20.3% |
| Japan | 11.7 | 15.0 | 22.3 | 18.2 | 15.9% |
| India | 1.6 | 3.2 | N/A | 0.4 | -37.0% |
| Malaysia | 160 | 134 | 42.3 | 0.1 | -91.5% |
| Others | 77.3 | 89.5 | 124 | 114 | 13.8% |
| Total | 1,067 | 1,155 | 1,691 | 1,359 | 8.4% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to New Zealand in 2022:
- Taiwan (Chinese) (4868.0 kg)
- China (3359.0 kg)
- France (687.0 kg)
- Switzerland (599.0 kg)
- Japan (272.0 kg)
- United States (185.0 kg)
- Canada (176.0 kg)
- United Kingdom (130.0 kg)
- India (92.0 kg)
- Malaysia (1.0 kg)
Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand
In 2022, approx. 12 tons of cycles; parts thereof, wheel rims and spokeses were exported from New Zealand; with a decrease of -3.4% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 133% against the previous year. As a result, the exports attained the peak of 12 tons, and then declined modestly in the following year.
In value terms, exports of cycles; parts thereof, wheel rims and spokeses amounted to $267K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 144%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Cycles; Parts Thereof, Wheel Rims and Spokes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 86.9 | 81.9 | 216 | 202 | 32.5% |
| New Caledonia | N/A | 0.4 | 8.1 | 20.4 | 614.1% |
| Others | 31.9 | 25.9 | 40.0 | 44.4 | 11.7% |
| Total | 119 | 108 | 264 | 267 | 30.9% |
Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from New Zealand in 2022:
- Australia (11.3 tons)
- New Caledonia (0.3 tons)
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