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price increases
promoto:
I haven't been on Aliexpress for a while and I was shocked at the prices, I managed to get every thing I wanted on ebay and Amazon cheaper and with fast delivery , Looks like the Aliexpress bubble has burst
TidyDinosaur:
Yeah, the good times are behind us. Most of it has double or tripled in price over a couple of years...
Maybe a Vietnamese or Indian version will rise up in the future
Tijoe:
--- Quote from: TidyDinosaur on February 12, 2023, 12:34:11 PM ---Most of it has double or tripled in price over a couple of years...
--- End quote ---
As far as I have been tracking, in general, prices haven't gone up all that much.
Reviewing items I purchased between 2020 and end of 2022, on many of the items I purchased, today's price is at most 35% more. Several items I purchased last year, are actually priced 10% to 20% less than I paid for them 6 months to a year ago.
The Seraph Carbon gravel frame I purchased in 2019 is the exact same price today as when I purchased it. Except, now they are charging shipping of $100 versus free, so this could count as a 20% price increase.
I hope that with the glut of of parts on the market in 2023, we will see more price drops. (I see bicycle clothing that is already priced less than I paid in 2021 and 2022, with free shipping.)
TidyDinosaur:
Ah yes, maybe I am generalising too much. It's mostly the cheaper stuff that has gone up in price. Free shipping has also become rare. That is something I don't understand since shipping costs must have really dropped since the corona crisis...
Tijoe:
I believe that shipping container costs are back down to around $2,200 for a 40 ft container. In Jan. 2019, the same container cost $1,900, peak was around $11,000 in mid 2022.
My understanding is that prices for higher volume commodities being shipped to the US are falling again. For bicycle parts, in the USA, there is a growing glut of parts/bicycles where importers paid very high prices to get the parts sent here, and now they are sitting on a lot of bike parts where they have too much money invested. Thus they are trying to keep sale prices higher as long as they can to try to recover their investments. This will probably balance out, as competing importers bring in new parts a lower costs, forcing others to reduce prices and get rid of their inventory.
For us, who like to purchase bike parts directly from China for our personal usage, Chinese stores monitor our prices here, and raise and lower their prices, because like us, they want the largest profit they can make.
I see this every year on Aliexpress, January through May they try to raise prices and see what sticks. Then they have their summer sales. Then prices go up some until around Nov. Dec. when they have their supposed end of year sales.
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