Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Azerbaijan - 2023

Contents:

1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Azerbaijan (CIF) - 2022
2. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Azerbaijan

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Azerbaijan (CIF) - 2022

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $1,996 per ton in 2022, with a decrease of -22.3% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 60%. The import price peaked at $31,500 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -16.3% per year.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Azerbaijan

In 2022, purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves was finally on the rise to reach 36 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic curtailment.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $73K in 2022. In general, imports, however, continue to indicate a dramatic shrinkage.

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Azerbaijan in 2022:

1. China (36.0 tons)

Source: IndexBox Market Intelligence Platform