EU: Bicycle Frames And Forks Market 2020

Bicycle Frames And Forks Market Size in the EU

The revenue of the bicycle frames and forks market in the European Union amounted to $X in 2017, jumping by X% against the previous year. The bicycle frames and forks consumption continues to indicate a slight drop. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. Over the period under review, the bicycle frames and forks market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Bicycle Frames And Forks Production in the EU

In 2017, the amount of frames and forks, for bicycles produced in the European Union totaled X tons, jumping by X% against the previous year. The bicycle frames and forks production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the bicycle frames and forks production reached their peak volume, and is likely to continue its growth in the immediate term.

Bicycle Frames And Forks Exports

Exports in the EU

In 2017, the amount of frames and forks, for bicycles exported in the European Union amounted to X tons, waning by -X% against the previous year. The bicycle frames and forks exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the bicycle frames and forks exports reached their peak volume of X tons. From 2015 to 2017, growth of the bicycle frames and forks exports stood at a somewhat lower level.

In value terms, bicycle frames and forks exports stood at $X in 2017. The bicycle frames and forks exports continue to indicate a relatively flat trend pattern. In that year, the bicycle frames and forks exports reached their peak level of $X. From 2014 to 2017, growth of the bicycle frames and forks exports failed to regain its momentum.

Exports by Country

Germany was the major exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Italy (X tons), Spain (X tons), the Netherlands (X tons) and Belgium (X tons), together comprising X% share of total exports. France (X tons) and Hungary (X tons) took the weak share of total exports.

Germany experienced a relatively flat trend pattern of frames and forks, for bicycles exports. At the same time, Hungary (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Italy and Spain experienced a relatively flat trend pattern. By contrast, France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. Belgium (X%) and France (X%) significantly strengthened its position in terms of the global exports, while the Netherlands and Hungary saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Belgium, France, Spain and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Hungary (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The bicycle frames and forks export price in the European Union stood at $X per kg in 2017, picking up by X% against the previous year. The bicycle frames and forks export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. The level of export price peaked of $X per kg in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per kg), while Hungary ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

Bicycle Frames And Forks Imports

Imports in the EU

The imports amounted to X tons in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, bicycle frames and forks imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), Romania (X tons), Portugal (X tons), France (X tons), Poland (X tons) and Hungary (X tons) were the largest importers of frames and forks, for bicycles, together creating X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to bicycle frames and forks imports into Germany stood at +X%. At the same time, Romania (+X%), Hungary (+X%), Portugal (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland experienced a relatively flat trend pattern. By contrast, France (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Italy and France increased by X% and X% percentage points, while the Netherlands (-X%), Portugal (-X%), Hungary (-X%), Romania (-X%) and Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported frames and forks, for bicycles in the European Union, making up X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In Germany, bicycle frames and forks imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2017, the bicycle frames and forks import price in the European Union amounted to $X per kg, dropping by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the import prices for frames and forks, for bicycles reached its maximum level of $X per kg in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Netherlands ($X per kg), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform