Price for Cycles; Parts Thereof, Saddles in Venezuela - 2022
Contents:
- Price for Cycles; Parts Thereof, Saddles in Venezuela (CIF) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Venezuela
Price for Cycles; Parts Thereof, Saddles in Venezuela (CIF) - 2022
In 2022, the average cycles; parts thereof, saddles import price amounted to $2.3 per unit, surging by 18% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 China ($3.3 per unit), while the price for Panama ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Venezuela
After three years of growth, purchases abroad of cycles; parts thereof, saddleses decreased by -21.8% to 202K units in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 725%. Imports peaked at 259K units in 2021, and then fell sharply in the following year.
In value terms, cycles; parts thereof, saddles imports declined to $462K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 876%. Over the period under review, imports reached the maximum at $502K in 2021, and then shrank in the following year.
| Import of Cycles; Parts Thereof, Saddles in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 48.1 | 166 | 283 | 360.4% |
| Colombia | 7.0 | 71.1 | 148 | 76.5 | 121.9% |
| Vietnam | 6.1 | 62.0 | 129 | 66.7 | 122.0% |
| Hong Kong SAR | 0.8 | 7.6 | 15.2 | 7.6 | 111.8% |
| Chile | N/A | N/A | N/A | 6.8 | 0% |
| Panama | 2.2 | 3.4 | 5.0 | 1.8 | -6.5% |
| Others | 3.1 | 23.8 | 38.7 | 19.5 | 84.6% |
| Total | 22.1 | 216 | 502 | 462 | 175.5% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Venezuela in 2022:
- China (85.9K units)
- Colombia (68.0K units)
- Vietnam (20.5K units)
- Chile (11.3K units)
- Panama (9.4K units)
- Hong Kong SAR (2.3K units)
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Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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