Price for Cycles; Parts Thereof, Saddles in Argentina - 2023

Price for Cycles; Parts Thereof, Saddles in Argentina (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $2.4 per unit in 2022, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($9.4 per unit), while the price for India ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Argentina

After three years of growth, purchases abroad of cycles; parts thereof, saddleses decreased by -36.5% to 2.1M units in 2022. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, imports reached the peak of 3.3M units, and then reduced notably in the following year.

In value terms, cycles; parts thereof, saddles imports dropped remarkably to $5M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 136% against the previous year. As a result, imports attained the peak of $6.7M, and then contracted markedly in the following year.

Import of Cycles; Parts Thereof, Saddles in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,608	1,957	5,199	3,900	34.4%
Taiwan (Chinese)	134	212	363	455	50.3%
Brazil	142	329	780	307	29.3%
Vietnam	101	248	116	203	26.2%
India	137	62.1	189	110	-7.1%
Others	31.2	45.0	98.4	52.3	18.8%
Total	2,153	2,854	6,744	5,026	32.7%