Price for Cycles; Parts Thereof, Saddles in Japan - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Japan (CIF) - 2023
- Price for Cycles; Parts Thereof, Saddles in Japan (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Japan
- Exports of Cycles; Parts Thereof, Saddles in Japan
Price for Cycles; Parts Thereof, Saddles in Japan (CIF) - 2023
The average cycles; parts thereof, saddles import price stood at $6.4 per unit in July 2023, jumping by 15% against the previous month. Overall, import price indicated a modest expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, cycles; parts thereof, saddles import price increased by +15.1% against June 2023 indices. The growth pace was the most rapid in April 2023 an increase of 57% month-to-month. As a result, import price reached the peak level of $9.7 per unit. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($51.3 per unit), while the price for Vietnam ($3.5 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cycles; Parts Thereof, Saddles in Japan (FOB) - 2022
The average cycles; parts thereof, saddles export price stood at $26 per unit in 2022, rising by 356% against the previous year. In general, the export price, however, recorded a perceptible setback. Over the period under review, the average export prices reached the maximum at $35 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($356 per unit), while the average price for exports to Thailand ($18 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 Cambodia (+391.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Japan
In 2022, approx. 1.2M units of cycles; parts thereof, saddleses were imported into Japan; waning by -8.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. As a result, imports attained the peak of 1.4M units, and then contracted in the following year.
In value terms, cycles; parts thereof, saddles imports expanded sharply to $8.9M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Cycles; Parts Thereof, Saddles in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.7 | 3.9 | 4.6 | 4.2 | 4.3% |
Taiwan (Chinese) | 1.7 | 1.3 | 1.6 | 2.2 | 9.0% |
Italy | 1.1 | 1.3 | 1.5 | 2.0 | 22.1% |
Vietnam | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.3 | 0.1 | 0.4 | 0.5 | 18.6% |
Total | 6.9 | 6.8 | 8.2 | 8.9 | 8.9% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Japan in 2022:
- China (1010.9K units)
- Taiwan (Chinese) (163.3K units)
- Italy (30.8K units)
- Vietnam (24.8K units)
Exports of Cycles; Parts Thereof, Saddles in Japan
In 2022, cycles; parts thereof, saddles exports from Japan plummeted to 2.5K units, dropping by -71.9% compared with 2021. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. As a result, the exports attained the peak of 8.8K units, and then dropped sharply in the following year.
In value terms, cycles; parts thereof, saddles exports soared to $63K in 2022. The total export value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cycles; Parts Thereof, Saddles in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | N/A | 4.4 | 4.9 | 28.8 | 155.8% |
United States | 7.8 | 10.4 | N/A | 11.1 | 12.5% |
Thailand | N/A | N/A | N/A | 7.3 | 0% |
Sri Lanka | N/A | N/A | 17.3 | 7.2 | -58.4% |
Cambodia | 1.8 | N/A | N/A | 2.1 | 5.3% |
China | N/A | 9.3 | 8.0 | 2.1 | -52.5% |
Iraq | 6.5 | N/A | N/A | N/A | 0% |
United Arab Emirates | 6.5 | 3.3 | 11.0 | N/A | 30.1% |
Australia | 3.4 | 5.8 | 8.4 | N/A | 57.2% |
Turkey | 10.5 | N/A | N/A | N/A | 0% |
Others | 10.0 | 11.7 | N/A | 4.7 | -22.3% |
Total | 46.5 | 45.1 | 49.5 | 63.3 | 10.8% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Japan in 2022:
- Taiwan (Chinese) (1531.0 units)
- Thailand (411.0 units)
- United States (364.0 units)
- China (101.0 units)
- Sri Lanka (39.0 units)
- Cambodia (6.0 units)
This report provides an in-depth analysis of the market for bicycle frames and forks in Japan.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
This report provides an in-depth analysis of the market for bicycle frames and forks in Japan.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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