Peru - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBicycle Price in Peru - 2021
Contents:
- Bicycle Price in Peru (CIF) - 2022
- Bicycle Price in Peru (FOB) - 2022
- Bicycle Imports in Peru
- Bicycle Exports in Peru
Bicycle Price in Peru (CIF) - 2022
The average bicycle import price stood at $59 per unit in 2022, waning by -10.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $66 per unit, and then reduced in the following year.
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 Taiwan (Chinese) ($512 per unit), while the price for China ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.
Bicycle Price in Peru (FOB) - 2022
The average bicycle export price stood at $287 per unit in 2022, jumping by 18% against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
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 Colombia ($797 per unit), while the average price for exports to Cuba ($32 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 Colombia (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Imports in Peru
In 2022, imports of bicycles and other cycles into Peru soared to 445K units, increasing by 24% against the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 64%. As a result, imports attained the peak of 540K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bicycle imports expanded significantly to $26M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of $29M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bicycle in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 24.9 | 17.6 | 18.7 | 11.7% |
| Taiwan (Chinese) | 3.8 | 2.8 | 2.3 | 3.5 | -2.7% |
| Chile | 0.1 | N/A | N/A | 0.9 | 108.0% |
| Others | 0.9 | 1.3 | 3.7 | 3.2 | 52.6% |
| Total | 18.2 | 29.0 | 23.7 | 26.3 | 13.1% |
Top Suppliers of Bicycle to Peru in 2022:
- China (401.2K units)
- Chile (16.9K units)
- Taiwan (Chinese) (6.8K units)
Bicycle Exports in Peru
In 2022, exports of bicycles and other cycles from Peru declined remarkably to 557 units, reducing by -55.7% on 2021. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 1,510% against the previous year. As a result, the exports attained the peak of 1.3K units, and then shrank sharply in the following year.
In value terms, bicycle exports fell markedly to $160K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 2,003%. As a result, the exports reached the peak of $306K, and then fell dramatically in the following year.
| Export of Bicycle in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 5.1 | 2.1 | 169 | 89.7 | 160.1% |
| Chile | 90.2 | 5.9 | 33.9 | 41.4 | -22.9% |
| Colombia | 41.5 | 4.7 | 81.6 | 23.1 | -17.7% |
| United Kingdom | 2.0 | 0.5 | 4.5 | 1.3 | -13.4% |
| Cuba | 1.4 | N/A | 0.8 | 0.4 | -34.1% |
| Others | 21.9 | 1.3 | 16.2 | 4.4 | -41.4% |
| Total | 162 | 14.5 | 306 | 160 | -0.4% |
Top Export Markets for Bicycle from Peru in 2022:
- Bolivia (380.0 units)
- Chile (92.0 units)
- Colombia (29.0 units)
- United Kingdom (19.0 units)
- Cuba (12.0 units)
This report provides an in-depth analysis of the bicycle market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
452
This report provides an in-depth analysis of the bicycle market in Peru.
3769
This report provides an in-depth analysis of the global bicycle market.
452
This report provides an in-depth analysis of the bicycle market in Peru.
3769
This report provides an in-depth analysis of the global bicycle market.
219
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.
534
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
1096
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>
891
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>
1923
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
1329
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
219
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.
534
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
1096
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>
891
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>
