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

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Jordan (CIF) - 2022
  2. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Jordan

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

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $1,228 per ton in 2022, growing by 14% against the previous year. In general, the import price showed mild growth. The growth pace was the most rapid in 2018 an increase of 134% against the previous year. As a result, import price reached the peak level of $4,725 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,200 per ton), while the price for China stood at $1,172 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%).

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

In 2022, after three years of growth, there was significant decline in purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves, when their volume decreased by -34.8% to 16 tons. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 229%. As a result, imports reached the peak of 25 tons, and then declined dramatically in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank rapidly to $20K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 107%. As a result, imports reached the peak of $27K, and then fell significantly in the following year.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.17.822.018.882.4%
Others3.55.14.81.0-34.1%
Total6.612.926.719.844.2%

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

  1. China (16.0 tons)

Source: IndexBox Market Intelligence Platform

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