Price for Cycles; Parts Thereof, Saddles in Russia - 2022

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Russia (CIF) - 2022
2. Price for Cycles; Parts Thereof, Saddles in Russia (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Russia
4. Exports of Cycles; Parts Thereof, Saddles in Russia

Price for Cycles; Parts Thereof, Saddles in Russia (CIF) - 2022

In January 2022, the average cycles; parts thereof, saddles import price amounted to $2.6 per unit, with a decrease of -7.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 28% month-to-month. Over the period under review, average import prices attained the maximum at $2.8 per unit in December 2021, and then declined in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Vietnam ($4.0 per unit), while the price for Belarus ($864 per thousand units) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Russia (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $0.4 per unit in 2022, declining by -90.6% against the previous year. In general, the export price faced a sharp contraction. The pace of growth appeared the most rapid in 2021 an increase of 47%. Over the period under review, the average export prices reached the peak figure at $43 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Belarus ($5 per unit), while the average price for exports to Lithuania ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-3.3%), while the prices for the other major destinations experienced a decline.

Imports of Cycles; Parts Thereof, Saddles in Russia

In 2022, imports of cycles; parts thereof, saddleses into Russia dropped significantly to 1.8M units, which is down by -38.6% against the previous year's figure. Over the period under review, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Imports peaked at 4.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles imports dropped modestly to $6.6M in 2022. Overall, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $6.9M, and then shrank in the following year.

Top Suppliers of Cycles; Parts Thereof, Saddles to Russia in 2022:

1. China (1652.5K units)
2. Vietnam (105.2K units)
3. Belarus (59.7K units)

Exports of Cycles; Parts Thereof, Saddles in Russia

In 2022, the amount of cycles; parts thereof, saddleses exported from Russia surged to 14K units, picking up by 87% compared with the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cycles; parts thereof, saddles exports dropped dramatically to $4.9K in 2022. In general, exports, however, continue to indicate a precipitous decrease. The smallest decline of -1.3% was in 2021. Over the period under review, the exports attained the peak figure at $32K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Cycles; Parts Thereof, Saddles from Russia in 2022:

1. Belarus (undefinedK units)
2. Lithuania (12.6K units)
3. Ukraine (1.2K units)

Source: IndexBox Market Intelligence Platform