Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Paraguay - 2024

Contents:

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

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

The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $5,173 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 decreased by -18.7% against 2017 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $6,361 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($38,992 per ton), while the price for Hong Kong SAR ($1,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $10,000 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price saw a sharp curtailment. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -88.5% against the previous year. Over the period under review, the average export prices attained the peak figure at $40,000 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2017 to 2022, the rate of growth in terms of prices for Colombia amounted to 0.0% per year.

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

Imports of cycles; parts, pedals and crank-gear, and parts thereoves into Paraguay contracted markedly to 61 tons in 2022, which is down by -50.1% compared with 2021. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 215% against the previous year. As a result, imports attained the peak of 122 tons, and then dropped dramatically in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves fell rapidly to $316K in 2022. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. As a result, imports reached the peak of $511K, and then dropped markedly in the following year.

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

1. China (50.4 tons)
2. Hong Kong SAR (4.0 tons)
3. Brazil (3.6 tons)
4. Japan (2.6 tons)

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

In 2022, approx. 5 kg of cycles; parts, pedals and crank-gear, and parts thereoves were exported from Paraguay; therefore, remained relatively stable against the previous year. In general, exports saw a sharp contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves stood at $50 in 2022. Over the period under review, exports saw a significant contraction. The smallest decline of 99.9% was in 2021.

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

1. Colombia (5.0 kg)

Source: IndexBox Market Intelligence Platform