Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Chile - 2024

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Chile (CIF) - 2022
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Chile (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Chile
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Chile

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Chile (CIF) - 2022

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $3,362 per ton in 2022, jumping by 22% against the previous year. In general, the import price, however, saw a abrupt slump. The import price peaked at $5,942 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($6,074 per ton), while the price for China stood at $2,281 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.3%).

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Chile (FOB) - 2022

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $36,706 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 82% against the previous year. As a result, the export price attained the peak level of $100,127 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($43,824 per ton), while the average price for exports to Venezuela ($14,043 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+13.3%).

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Chile

In 2022, after three years of growth, there was significant decline in overseas purchases of cycles; parts thereof, wheel rims and spokeses, when their volume decreased by -40.5% to 697 tons. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 307%. As a result, imports attained the peak of 1.2K tons, and then declined rapidly in the following year.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses dropped significantly to $2.3M in 2022. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 137%. As a result, imports reached the peak of $3.2M, and then fell sharply in the following year.

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Chile in 2022:

1. China (605.0 tons)
2. Taiwan (Chinese) (80.7 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Chile

After three years of growth, overseas shipments of cycles; parts thereof, wheel rims and spokeses decreased by -33.5% to 8.3 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 210% against the previous year. As a result, the exports reached the peak of 13 tons, and then reduced sharply in the following year.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses contracted remarkably to $306K in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $460K, and then reduced markedly in the following year.

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Chile in 2022:

1. Bolivia (6.0 tons)
2. Ecuador (1.3 tons)
3. Venezuela (0.8 tons)
4. Peru (0.3 tons)

Source: IndexBox Market Intelligence Platform