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

Contents:

  1. Price for Cycles; Parts Thereof, Saddles in Japan (CIF) - 2023
  2. Price for Cycles; Parts Thereof, Saddles in Japan (FOB) - 2022
  3. Imports of Cycles; Parts Thereof, Saddles in Japan
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China3.73.94.64.24.3%
Taiwan (Chinese)1.71.31.62.29.0%
Italy1.11.31.52.022.1%
Vietnam0.10.10.10.10.0%
Others0.30.10.40.518.6%
Total6.96.88.28.98.9%

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

  1. China (1010.9K units)
  2. Taiwan (Chinese) (163.3K units)
  3. Italy (30.8K units)
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A4.44.928.8155.8%
United States7.810.4N/A11.112.5%
ThailandN/AN/AN/A7.30%
Sri LankaN/AN/A17.37.2-58.4%
Cambodia1.8N/AN/A2.15.3%
ChinaN/A9.38.02.1-52.5%
Iraq6.5N/AN/AN/A0%
United Arab Emirates6.53.311.0N/A30.1%
Australia3.45.88.4N/A57.2%
Turkey10.5N/AN/AN/A0%
Others10.011.7N/A4.7-22.3%
Total46.545.149.563.310.8%

Top Export Markets for Cycles; Parts Thereof, Saddles from Japan in 2022:

  1. Taiwan (Chinese) (1531.0 units)
  2. Thailand (411.0 units)
  3. United States (364.0 units)
  4. China (101.0 units)
  5. Sri Lanka (39.0 units)
  6. Cambodia (6.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, saddles - Japan