Price for Cycles; Parts Thereof, Saddles in Australia - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Australia (CIF) - 2023
- Price for Cycles; Parts Thereof, Saddles in Australia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Australia
- Exports of Cycles; Parts Thereof, Saddles in Australia
Price for Cycles; Parts Thereof, Saddles in Australia (CIF) - 2023
In August 2023, the average cycles; parts thereof, saddles import price amounted to $25.9 per unit, growing by 294% against the previous month. Overall, the import price recorded a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($47.9 per unit), while the price for China ($12.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Saddles in Australia (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $34 per unit, rising by 25% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 408% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($35 per unit) and the Netherlands ($35 per unit), while the average price for exports to Ireland ($34 per unit) and Indonesia ($34 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Australia
For the fourth year in a row, Australia recorded growth in overseas purchases of cycles; parts thereof, saddleses, which increased by 0.5% to 306K units in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, cycles; parts thereof, saddles imports expanded rapidly to $3.6M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cycles; Parts Thereof, Saddles in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 905 | 1,170 | 1,433 | 1,489 | 18.1% |
| China | 248 | 804 | 816 | 785 | 46.8% |
| Italy | 225 | 283 | 552 | 643 | 41.9% |
| Vietnam | 41.1 | 107 | 94.8 | 359 | 105.9% |
| Others | 196 | 387 | 342 | 289 | 13.8% |
| Total | 1,615 | 2,750 | 3,238 | 3,566 | 30.2% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Australia in 2022:
- China (125.9K units)
- Taiwan (Chinese) (103.4K units)
- Vietnam (52.0K units)
- Italy (20.1K units)
Exports of Cycles; Parts Thereof, Saddles in Australia
In 2022, shipments abroad of cycles; parts thereof, saddleses decreased by -32.1% to 1.1K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, the exports attained the peak of 5.9K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cycles; parts thereof, saddles exports dropped sharply to $36K in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $51K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cycles; Parts Thereof, Saddles in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 31.7 | 20.0 | 12.8 | -36.5% |
| United States | 2.1 | N/A | N/A | 5.7 | 39.5% |
| New Zealand | 5.7 | 9.8 | 4.7 | 5.5 | -1.2% |
| Indonesia | N/A | N/A | N/A | 4.7 | 0% |
| Canada | N/A | N/A | N/A | 2.6 | 0% |
| Ireland | N/A | N/A | N/A | 2.3 | 0% |
| Netherlands | N/A | 2.0 | N/A | 1.9 | -2.5% |
| Papua New Guinea | 3.9 | 6.1 | 0.2 | 0.1 | -70.5% |
| South Korea | 6.2 | N/A | N/A | N/A | 0% |
| India | 3.3 | N/A | N/A | N/A | 0% |
| Singapore | 11.2 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 3.6 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 1.9 | 18.0 | 0.7 | -18.6% |
| Total | 37.3 | 51.4 | 42.9 | 36.3 | -0.9% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Australia in 2022:
- United Kingdom (370.0 units)
- United States (165.0 units)
- New Zealand (158.0 units)
- Indonesia (138.0 units)
- Canada (76.0 units)
- Ireland (66.0 units)
- Netherlands (56.0 units)
- Papua New Guinea (3.0 units)
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