Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal (CIF) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $604 per ton, declining by -62.9% against the previous year. Over the period under review, the import price saw a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by 122%. The import price peaked at $3,592 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,336 per ton), while the price for India totaled $511 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%).
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal
In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Nepal reached 92 tons, picking up by 5.9% compared with the previous year. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 429%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank significantly to $56K in 2022. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 245%. As a result, imports reached the peak of $141K, and then fell rapidly in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 29.2 | 23.5 | 73.8 | 42.4 | 13.2% |
| China | 11.7 | 13.7 | 65.0 | 11.8 | 0.3% |
| Others | 3.4 | 3.7 | 2.7 | 1.4 | -25.6% |
| Total | 44.3 | 41.0 | 141 | 55.5 | 7.8% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Nepal in 2022:
- India (82.9 tons)
- China (8.8 tons)
401
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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