Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia (CIF) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $1,908 per ton in 2022, falling by -2.3% against the previous year. In general, the import price, however, showed a slight increase. The most prominent rate of growth was recorded in 2015 an increase of 97% against the previous year. As a result, import price attained the peak level of $4,743 per ton. From 2016 to 2022, the average 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 India ($4,659 per ton), while the price for China totaled $1,725 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%).
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia
After three years of growth, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -8.4% to 38 tons in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 459%. As a result, imports reached the peak of 41 tons, and then declined in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves reduced to $72K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 517% against the previous year. As a result, imports attained the peak of $80K, and then declined in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 9.4 | 55.9 | 60.9 | 99.2% |
| India | 3.6 | 2.0 | 23.8 | 10.8 | 44.2% |
| Others | 0.5 | 1.7 | 0.7 | 0.1 | -41.5% |
| Total | 11.8 | 13.0 | 80.3 | 71.8 | 82.6% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Ethiopia in 2022:
- China (35.3 tons)
- India (2.3 tons)
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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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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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