Price for Cycles; Parts Thereof, Saddles in Colombia - 2022
Contents:
- Price for Cycles; Parts Thereof, Saddles in Colombia (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Colombia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Colombia
- Exports of Cycles; Parts Thereof, Saddles in Colombia
Price for Cycles; Parts Thereof, Saddles in Colombia (CIF) - 2022
The average cycles; parts thereof, saddles import price stood at $1.8 per unit in February 2022, shrinking by -44.4% against the previous month. Overall, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in March 2021 when the average import price increased by 37% month-to-month. The import price peaked at $5.1 per unit in October 2021; however, from November 2021 to February 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to -4.9% per month.
Price for Cycles; Parts Thereof, Saddles in Colombia (FOB) - 2022
The average cycles; parts thereof, saddles export price stood at $4.4 per unit in 2022, jumping by 22% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cycles; parts thereof, saddles export price increased by +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($4.5 per unit), while the average price for exports to Barbados ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Colombia
After three years of growth, overseas purchases of cycles; parts thereof, saddleses decreased by -52% to 1.5M units in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at 3.1M units in 2021, and then dropped remarkably in the following year.
In value terms, cycles; parts thereof, saddles imports contracted dramatically to $3.4M in 2022. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of $6.5M, and then shrank remarkably in the following year.
| Import of Cycles; Parts Thereof, Saddles in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.9 | 4.6 | 2.3 | -8.5% |
| Vietnam | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Taiwan (Chinese) | 0.5 | 0.6 | 0.5 | 0.4 | -7.2% |
| Others | 0.2 | 0.5 | 1.2 | 0.3 | 14.5% |
| Total | 3.9 | 4.3 | 6.5 | 3.4 | -4.5% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Colombia in 2022:
- China (1343.2K units)
- Vietnam (88.6K units)
- Taiwan (Chinese) (34.5K units)
Exports of Cycles; Parts Thereof, Saddles in Colombia
In 2022, shipments abroad of cycles; parts thereof, saddleses decreased by -25.6% to 16K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2020 when exports increased by 132%. As a result, the exports reached the peak of 35K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cycles; parts thereof, saddles exports contracted to $70K in 2022. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 117% against the previous year. As a result, the exports attained the peak of $96K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cycles; Parts Thereof, Saddles in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 14.2 | 44.5 | 37.2 | 64.5 | 65.6% |
| Barbados | N/A | N/A | N/A | 4.8 | 0% |
| Venezuela | 8.5 | 12.4 | 13.5 | N/A | 26.0% |
| Others | 21.3 | 38.6 | 26.5 | 0.5 | -71.4% |
| Total | 44.0 | 95.5 | 77.2 | 69.8 | 16.6% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Colombia in 2022:
- Ecuador (14.2K units)
- Barbados (1.4K units)
291
This report provides an in-depth analysis of the market for bicycle frames and forks in Colombia.
392
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
291
This report provides an in-depth analysis of the market for bicycle frames and forks in Colombia.
392
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
Nothing found. Please try again.
