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

Contents:

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

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

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $3,743 per ton in 2022, rising by 17% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts, pedals and crank-gear, and parts thereoves increased by +6.8% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of 70% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5,147 per ton), while the price for China totaled $2,368 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $11,359 per ton, dropping by -73.8% against the previous year. In general, the export price, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 316% against the previous year. As a result, the export price reached the peak level of $43,383 per ton, and then reduced markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($101,850 per ton), while the average price for exports to Russia totaled $9,981 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+204.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves imported into Kazakhstan declined remarkably to 126 tons, waning by -33.1% against the year before. Over the period under review, imports recorded a significant decrease. The smallest decline of -5.4% was in 2020.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped sharply to $472K in 2022. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 2.6% against the previous year. As a result, imports reached the peak of $738K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China627650436283-23.3%
United Arab Emirates0.10.41.216.3446.3%
Others92.387.316717223.1%
Total719738605472-13.1%

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

  1. China (119.7 tons)
  2. United Arab Emirates (3.2 tons)

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

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves exported from Kazakhstan skyrocketed to 2.7 tons, increasing by 2,392% against the year before. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves skyrocketed to $30K in 2022. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 596%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia19.20.61.026.210.9%
UzbekistanN/AN/AN/A4.10%
Others0.3N/A3.6N/A246.4%
Total19.50.74.630.315.8%

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

  1. Russia (2.6 tons)

Source: IndexBox Market Intelligence Platform

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