Price for Cycles; Parts Thereof, Saddles in Saudi Arabia - 2021

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Saudi Arabia (FOB) - 2022
2. Exports of Cycles; Parts Thereof, Saddles in Saudi Arabia

Price for Cycles; Parts Thereof, Saddles in Saudi Arabia (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $18 per unit in 2021, with an increase of 60% 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 2020 when the average export price increased by 60% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2013 to 2021, the rate of growth in terms of prices for Qatar amounted to +52.8% per year.

Exports of Cycles; Parts Thereof, Saddles in Saudi Arabia

In 2021, the amount of cycles; parts thereof, saddleses exported from Saudi Arabia fell sharply to 108 units, which is down by -51.1% against the year before. Over the period under review, exports continue to indicate a precipitous setback. Over the period under review, the exports reached the peak figure at 454 units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, cycles; parts thereof, saddles exports fell dramatically to $2K in 2021. In general, exports continue to indicate a sharp curtailment. The smallest decline of -22% was in 2020. Over the period under review, the exports reached the peak figure at $3.2K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

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

1. Belgium (108.0 units)

Source: IndexBox Market Intelligence Platform