Price for Cycles; Parts Thereof, Saddles in Cameroon - 2022

Contents:

  1. Price for Cycles; Parts Thereof, Saddles in Cameroon (CIF) - 2022
  2. Imports of Cycles; Parts Thereof, Saddles in Cameroon

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $1.9 per unit, growing by 37% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $2.3 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 China ($1.9 per unit), while the price for Belgium ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cycles; Parts Thereof, Saddles in Cameroon

In 2022, after two years of decline, there was significant growth in overseas purchases of cycles; parts thereof, saddleses, when their volume increased by 8,253% to 22K units. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cycles; parts thereof, saddles imports surged to $42K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cycles; Parts Thereof, Saddles in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.40.2N/A39.8363.4%
India0.30.10.31.467.1%
France1.20.3N/A0.4-30.7%
Others0.20.2N/A0.1-20.6%
Total2.10.70.441.7170.8%

Top Suppliers of Cycles; Parts Thereof, Saddles to Cameroon in 2022:

  1. China (20.5K units)
  2. India (0.9K units)
  3. France (0.2K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, saddles - Cameroon