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

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $0.3 per unit, standing approx. at the previous year. Over the last five-year period, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2018 an increase of 10%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($0.4 per unit), while the price for China totaled $0.3 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%).

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

In 2022, the average cycles; parts thereof, saddles export price amounted to $2.4 per unit, growing by 8.7% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($2.6 per unit), while the average price for exports to Kyrgyzstan totaled $1.4 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+6.1%).

Imports of Cycles; Parts Thereof, Saddles in Uzbekistan

In 2022, approx. 1.6M units of cycles; parts thereof, saddleses were imported into Uzbekistan; with an increase of 7.9% compared with 2021 figures. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. As a result, imports reached the peak of 1.9M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles imports expanded sharply to $554K in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $639K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Cycles; Parts Thereof, Saddles in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	403	627	491	530	9.6%
India	20.7	12.4	14.3	23.3	4.0%
Others	0.9	0.1	3.9	1.2	10.1%
Total	425	639	509	554	9.2%

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

China (1538.5K units)
India (62.5K units)

Exports of Cycles; Parts Thereof, Saddles in Uzbekistan

In 2022, cycles; parts thereof, saddles exports from Uzbekistan skyrocketed to 5.3K units, picking up by 462% against the previous year's figure. In general, exports, however, recorded a precipitous slump. Over the period under review, the exports reached the maximum at 13K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cycles; parts thereof, saddles exports skyrocketed to $13K in 2022. Over the period under review, exports, however, recorded a sharp decrease. Over the period under review, the exports reached the peak figure at $23K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.