Belarus - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belarus - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bicycle Price in Belarus - 2022

Contents:

  1. Bicycle Price in Belarus (CIF) - 2022
  2. Bicycle Price in Belarus (FOB) - 2022
  3. Bicycle Imports in Belarus
  4. Bicycle Exports in Belarus

Bicycle Price in Belarus (CIF) - 2022

In March 2022, the average bicycle import price amounted to $63.0 per unit, reducing by -24.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 an increase of 59% month-to-month. The import price peaked at $113 per unit in October 2021; however, from November 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($88.6 per unit), while the price for China amounted to $45.4 per unit.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%).

Bicycle Price in Belarus (FOB) - 2022

The average bicycle export price stood at $78.4 per unit in March 2022, flattening at the previous month. Over the period under review, the export price saw buoyant growth. The growth pace was the most rapid in September 2021 an increase of 131% against the previous month. The export price peaked at $95.5 per unit in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In March 2022, the country with the highest price was Moldova ($86.0 per unit), while the average price for exports to Kazakhstan ($75.5 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports in Belarus

In 2022, approx. 322K units of bicycles and other cycles were imported into Belarus; shrinking by -6.8% on the year before. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked at 358K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bicycle imports contracted significantly to $18M in 2022. Over the period under review, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $22M, and then dropped rapidly in the following year.

Import of Bicycle in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.08.412.410.1-5.6%
Russia6.67.08.67.12.5%
Others1.91.21.21.2-14.2%
Total20.516.622.218.3-3.7%

Top Suppliers of Bicycle to Belarus in 2022:

  1. China (234.2K units)
  2. Russia (78.1K units)

Bicycle Exports in Belarus

In 2022, bicycle exports from Belarus reduced slightly to 244K units, with a decrease of -2.5% compared with the year before. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 5.4%. As a result, the exports attained the peak of 250K units, and then contracted modestly in the following year.

In value terms, bicycle exports surged to $11M in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Bicycle in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.63.85.57.226.0%
LatviaN/A0.61.31.873.2%
Kazakhstan0.10.40.70.9108.0%
Ukraine0.50.40.50.66.3%
Others0.51.10.70.817.0%
Total4.66.38.711.234.5%

Top Export Markets for Bicycle from Belarus in 2022:

  1. Russia (210.1K units)
  2. Latvia (11.8K units)
  3. Kazakhstan (9.3K units)
  4. Ukraine (6.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bicycle market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
  • Prodcom 30921030 -
  • Prodcom 30921050 -

Country coverage:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Top Import Markets for Bicycles
Dec 20, 2023
Eye 229

Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.

Expansion of Bike Sharing Services and Increased Consumer Attention to Health Support the Global Bicycle Market After the Pandemic Wanes
Sep 2, 2020
Eye 535

In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...

Which Country Imports the Most Bicycles in the World?
May 28, 2018
Eye 1101

In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>

Which Country Exports the Most Bicycles in the World?
May 28, 2018
Eye 893

In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>

Bicycle Market - Global Trade in Bicycles Wasted Its Growth
Oct 26, 2016
Eye 1925

The global trade in bicycles amounted to X million USD in 2015, fluctuating mildly over the period under review. A significant drop in 2009 was followed by robust growth over next three years, until it levelled off thro

Bike Market - German Firm Decides to Peddle Its Bicycles Down Under
Aug 16, 2015
Eye 1332

Canyon Bicycles, a well-known German bicycle producer, has announced the opening of an office in Melbourne, Australia, as well as the launching of direct sales in New Zealand. The new office will act as a representative of Canyon Bicycles, participatin

Top Import Markets for Bicycles
Dec 20, 2023
Eye 229

Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.

Expansion of Bike Sharing Services and Increased Consumer Attention to Health Support the Global Bicycle Market After the Pandemic Wanes
Sep 2, 2020
Eye 535

In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...

Which Country Imports the Most Bicycles in the World?
May 28, 2018
Eye 1101

In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>

Which Country Exports the Most Bicycles in the World?
May 28, 2018
Eye 893

In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>

Free Data: Bicycles And Other Cycles (Not Motorized) - Belarus