Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Russia - 2022
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (CIF) - 2022
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia
- Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (CIF) - 2022
The average import price for cycles; parts thereof, wheel rims and spokeses stood at $3,688 per ton in 2022, dropping by -8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $4,035 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($8,476 per ton), while the price for China stood at $3,452 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%).
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (FOB) - 2022
The average export price for cycles; parts thereof, wheel rims and spokeses stood at $9,837 per ton in 2022, which is down by -6.1% against the previous year. In general, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 473% against the previous year. As a result, the export price attained the peak level of $25,355 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($12,080 per ton), while the average price for exports to Kazakhstan ($7,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia
Imports of cycles; parts thereof, wheel rims and spokeses into Russia fell notably to 1.7K tons in 2022, waning by -22.6% compared with the previous year. In general, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 81%. As a result, imports reached the peak of 2.2K tons, and then reduced sharply in the following year.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses contracted dramatically to $6.3M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of $8.9M, and then reduced dramatically in the following year.
| Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.6 | 7.9 | 5.7 | 23.9% |
| Lithuania | N/A | 0.1 | N/A | 0.2 | 41.4% |
| France | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Belarus | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Others | 0.3 | 0.5 | 0.7 | 0.3 | 0.0% |
| Total | 3.5 | 3.7 | 8.9 | 6.3 | 21.6% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Russia in 2022:
- China (1650.3 tons)
- Lithuania (28.5 tons)
- France (8.0 tons)
Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia
In 2022, exports of cycles; parts thereof, wheel rims and spokeses from Russia skyrocketed to 4.3 tons, picking up by 28% on 2021 figures. Overall, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.4% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 38%. As a result, the exports reached the peak of 5.3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cycles; parts thereof, wheel rims and spokeses surged to $42K in 2022. Over the period under review, exports, however, continue to indicate a deep reduction.
| Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 3.4 | N/A | 25.9 | 176.0% |
| United Arab Emirates | 0.7 | 2.4 | 1.4 | 13.8 | 170.1% |
| Bolivia | N/A | 0.1 | N/A | 1.6 | 300.0% |
| Romania | N/A | 0.3 | N/A | 0.9 | 73.2% |
| Belarus | 14.7 | 25.4 | 15.4 | N/A | 2.4% |
| Others | 41.4 | 17.9 | 18.3 | N/A | -33.5% |
| Total | 56.7 | 49.5 | 35.1 | 42.3 | -9.3% |
Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Russia in 2022:
- Germany (2143.0 kg)
- United Arab Emirates (1843.0 kg)
- Bolivia (210.0 kg)
- Romania (96.0 kg)
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