Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $1,236 per ton in 2022, surging by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,309 per ton), while the price for India ($1,119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $2,429 per ton, which is down by -12.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 50%. Over the period under review, the average export prices attained the maximum at $7,302 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,430 per ton), while the average price for exports to Tanzania stood at $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-2.3%).
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya
In 2022, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -41.2% to 187 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. As a result, imports attained the peak of 364 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves dropped notably to $231K in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of $346K. 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.0 | 54.9 | 76.3 | 129 | 32.1% |
| India | 155 | 276 | 224 | 90.6 | -16.4% |
| Taiwan (Chinese) | 0.8 | 3.6 | 0.1 | 8.9 | 123.2% |
| Others | 6.2 | 11.8 | 11.4 | 2.0 | -31.4% |
| Total | 218 | 346 | 312 | 231 | 1.9% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Kenya in 2022:
- China (101.7 tons)
- India (81.0 tons)
- Taiwan (Chinese) (3.8 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya
In 2022, exports of cycles; parts, pedals and crank-gear, and parts thereoves from Kenya soared to 3.2 tons, rising by 304% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,086% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves soared to $7.8K in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 977%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 0.5 | 4.7 | 1.6 | 7.8 | 149.9% |
| Tanzania | N/A | 0.8 | 0.3 | N/A | -62.5% |
| Others | N/A | 0.4 | 0.3 | N/A | -25.0% |
| Total | 0.5 | 5.8 | 2.2 | 7.8 | 149.9% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Kenya in 2022:
- Democratic Republic of the Congo (3.2 tons)
366
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
366
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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