Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $3,004 per ton in 2022, declining by -5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. The import price peaked at $3,177 per ton in 2021, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.3% per year.
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $12,338 per ton, reducing by -2.9% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cycles; parts, pedals and crank-gear, and parts thereoves increased by +57.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 76%. As a result, the export price reached the peak level of $15,138 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($14,752 per ton), while the average price for exports to Latvia amounted to $4,579 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia
In 2022, imports of cycles; parts, pedals and crank-gear, and parts thereoves into Russia fell to 2.4K tons, which is down by -13.1% compared with the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of 2.8K tons, and then fell in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank rapidly to $7.2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $8.8M, and then reduced notably in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 4.2 | 6.7 | 6.4 | 12.5% |
| Belarus | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Germany | 0.3 | 0.4 | 0.5 | N/A | 29.1% |
| Others | 0.9 | 1.0 | 1.4 | 0.8 | -3.9% |
| Total | 5.7 | 5.6 | 8.8 | 7.2 | 8.1% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Russia in 2022:
- China (2344.0 tons)
- Germany (1.2 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia
In 2022, overseas shipments of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -17.8% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 93% against the previous year.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves declined rapidly to $154K in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. As a result, the exports attained the peak of $192K, and then dropped markedly in the following year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 12.7 | 18.8 | 79.5 | 135 | 119.9% |
| Latvia | N/A | N/A | N/A | 13.9 | 0% |
| Taiwan (Chinese) | N/A | 25.2 | N/A | N/A | 0% |
| Belarus | 58.3 | 69.6 | 111 | N/A | 38.0% |
| Others | 6.4 | 1.1 | 1.7 | 4.8 | -9.1% |
| Total | 77.4 | 115 | 192 | 154 | 25.8% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Russia in 2022:
- Kazakhstan (9.1 tons)
- Latvia (3.0 tons)
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