Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola - 2022

Contents:

1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola (CIF) - 2022
2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola (FOB) - 2022
3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola
4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola (CIF) - 2022

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $1,661 per ton in 2022, waning by -34.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 154% against the previous year. Over the period under review, average import prices reached the peak figure at $3,105 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Vietnam ($2,251 per ton), while the price for the United Arab Emirates ($1,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $600 per ton, flattening at the previous year. Overall, the export price showed a dramatic setback. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $4,580 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola

After two years of decline, supplies from abroad of cycles; parts, pedals and crank-gear, and parts thereoves increased by 86% to 32 tons in 2022. Overall, imports, however, saw a precipitous decrease.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves soared to $54K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Angola in 2022:

1. China (26.2 tons)
2. United Arab Emirates (4.4 tons)
3. Vietnam (1.0 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Angola

After two years of decline, shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by 0% to 15 kg in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves stood at $9 in 2022. Overall, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2020.

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Angola in 2022:

1. United States (15.0 kg)

Source: IndexBox Market Intelligence Platform