Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $949 per ton in 2022, dropping by -15.4% against the previous year. In general, import price indicated a strong expansion from 2017 to 2022: its price increased at an average annual rate of +6.1% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts, pedals and crank-gear, and parts thereoves decreased by -21.1% against 2020 indices. The growth pace was the most rapid in 2019 when the average import price increased by 49% against the previous year. The import price peaked at $1,202 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($31,570 per ton), while the price for China amounted to $910 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+104.2%).
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $9,913 per ton, which is down by -21.7% against the previous year. Overall, the export price saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when the average export price decreased by -17.9% against the previous year. Over the period under review, the average export prices attained the maximum at $57,782 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2017 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -29.7% per year.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan
In 2022, purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -11.2% to 735 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of 828 tons, and then shrank in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped sharply to $698K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 486 | 735 | 664 | 668 | 11.2% |
| South Korea | 31.1 | 65.0 | 251 | 15.1 | -21.4% |
| Others | 70.6 | 3.1 | 12.9 | 14.3 | -41.3% |
| Total | 588 | 804 | 929 | 698 | 5.9% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Uzbekistan in 2022:
- China (734.4 tons)
- South Korea (0.5 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan
Exports of cycles; parts, pedals and crank-gear, and parts thereoves from Uzbekistan reduced rapidly to 46 kg in 2022, which is down by -93.4% compared with the year before. Over the period under review, exports saw a sharp setback. The smallest decline of -43.1% was in 2021.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves fell dramatically to $456 in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -53.3% was in 2021.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Kyrgyzstan | 19.0 | 8.6 | 0.5 | -83.8% | |
| Others | N/A | 0.2 | N/A | 0% | |
| Total | 19.0 | 8.9 | 0.5 | -83.8% | |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Uzbekistan in 2022:
- Kyrgyzstan (46.0 kg)
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