Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait (CIF) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $10,457 per ton, reducing by -34.4% against the previous year. Overall, the import price recorded a mild reduction. The growth pace was the most rapid in 2015 when the average import price increased by 38%. As a result, import price reached the peak level of $17,938 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($41,652 per ton), while the price for Saudi Arabia ($4,425 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait
In 2022, approx. 4 tons of cycles; parts, pedals and crank-gear, and parts thereoves were imported into Kuwait; shrinking by -39.5% against the year before. Over the period under review, imports showed a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 142% against the previous year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves fell significantly to $42K in 2022. Overall, imports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 212% against the previous year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 3.1 | 12.7 | 13.3 | 22.1% |
| Saudi Arabia | 0.4 | 0.2 | 0.2 | 7.9 | 170.3% |
| United States | 3.0 | 2.5 | 3.2 | 7.2 | 33.9% |
| Taiwan (Chinese) | 0.7 | 5.3 | 15.3 | 3.3 | 67.7% |
| Italy | 1.5 | 2.8 | 10.4 | 2.7 | 21.6% |
| India | 1.0 | 1.3 | 2.7 | 1.0 | 0.0% |
| Portugal | 2.3 | 2.5 | 15.4 | 0.6 | -36.1% |
| United Arab Emirates | 5.0 | 1.6 | 17.0 | N/A | 84.4% |
| Egypt | 113 | N/A | N/A | N/A | 0% |
| Others | 18.4 | 14.6 | 28.8 | 6.0 | -31.2% |
| Total | 152 | 33.9 | 106 | 42.0 | -34.9% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Kuwait in 2022:
- Saudi Arabia (1792.0 kg)
- China (1658.0 kg)
- United States (186.0 kg)
- Taiwan (Chinese) (98.0 kg)
- India (72.0 kg)
- Italy (66.0 kg)
- Portugal (31.0 kg)
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