Bicycle Price in Bolivia - 2022
Contents:
- Bicycle Price in Bolivia (CIF) - 2022
- Bicycle Price in Bolivia (FOB) - 2022
- Bicycle Imports in Bolivia
- Bicycle Exports in Bolivia
Bicycle Price in Bolivia (CIF) - 2022
The average bicycle import price stood at $83 per unit in 2022, waning by -16.9% against the previous year. In general, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 84% against the previous year. Over the period under review, average import prices attained the maximum at $100 per unit in 2021, and then contracted sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($117 per unit), while the price for China amounted to $75 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Price in Bolivia (FOB) - 2022
The average bicycle export price stood at $13 per unit in 2022, falling by -52.4% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. The export price peaked at $75 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cuba.
From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +24.0% per year.
Bicycle Imports in Bolivia
In 2022, the amount of bicycles and other cycles imported into Bolivia reduced rapidly to 57K units, waning by -44.9% on 2021 figures. Overall, imports showed a dramatic descent. The smallest decline of -8.9% was in 2020. Over the period under review, imports reached the peak figure at 189K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, bicycle imports dropped notably to $4.8M in 2022. In general, imports faced a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Bicycle in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 6.7 | 5.9 | 3.9 | 3.7% |
| Taiwan (Chinese) | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Chile | 3.8 | 4.4 | 4.1 | N/A | 3.9% |
| Others | 0.2 | 0.4 | 0.3 | 0.6 | 44.2% |
| Total | 7.7 | 11.5 | 10.4 | 4.8 | -14.6% |
Top Suppliers of Bicycle to Bolivia in 2022:
- China (52.5K units)
- Taiwan (Chinese) (2.1K units)
Bicycle Exports in Bolivia
For the fourth year in a row, Bolivia recorded growth in shipments abroad of bicycles and other cycles, which increased by 67% to 15 units in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle exports declined notably to $200 in 2022. In general, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 68%. As a result, the exports attained the peak of $252, and then fell rapidly in the following year.
| Export of Bicycle in Bolivia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 7.0 | 15.0 | 37.0 | 200 | 205.7% |
| Chile | 34.0 | 43.0 | 40.0 | N/A | 8.5% |
| Guatemala | 22.0 | 33.0 | 42.0 | N/A | 38.2% |
| Costa Rica | 6.0 | 11.0 | 17.0 | N/A | 68.3% |
| Honduras | 23.0 | 44.0 | 76.0 | N/A | 81.8% |
| Netherlands | 3.0 | 4.0 | 4.0 | N/A | 15.5% |
| Canada | N/A | N/A | 31.0 | N/A | 0% |
| Others | 22.0 | N/A | 5.0 | N/A | -52.3% |
| Total | 117 | 150 | 252 | 200 | 19.6% |
Top Export Markets for Bicycle from Bolivia in 2022:
- Cuba (15.0 units)
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