Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand - 2024
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $2,949 per ton, with a decrease of -6.1% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +27.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $4,154 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($24,899 per ton), while the price for China totaled $1,492 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%).
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (FOB) - 2022
The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $15,392 per ton in 2022, waning by -9.9% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 63%. The export price peaked at $17,259 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($46,471 per ton), while the average price for exports to Lao People's Democratic Republic ($1,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+13.6%), 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 Thailand
In 2022, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -7.1% to 1.2K tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 0.5% against the previous year. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves contracted to $3.6M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $4.1M, and then reduced in the following year.
Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.0 | 2.0 | 1.9 | 1.8 | -3.5% |
Taiwan (Chinese) | 0.4 | 0.4 | 0.9 | 0.7 | 20.5% |
Others | 0.7 | 0.8 | 1.3 | 1.2 | 19.7% |
Total | 3.1 | 3.2 | 4.1 | 3.6 | 5.1% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Thailand in 2022:
- China (1179.6 tons)
- Taiwan (Chinese) (28.1 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand
For the third year in a row, Thailand recorded decline in shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves, which decreased by -29.2% to 42 tons in 2022. Over the period under review, exports faced a abrupt descent. The smallest decline of -9.7% was in 2020.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves fell markedly to $646K in 2022. Overall, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year.
Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 375 | 270 | 338 | 142 | -27.7% |
Angola | N/A | N/A | N/A | 125 | 0% |
Myanmar | 61.9 | 172 | 76.8 | 105 | 19.3% |
Philippines | 500 | 221 | 276 | 97.8 | -42.0% |
Japan | 31.6 | 60.4 | 46.3 | 70.6 | 30.7% |
Hong Kong SAR | N/A | N/A | 2.2 | 42.1 | 1813.6% |
Cambodia | 18.4 | 3.7 | 5.4 | 9.2 | -20.6% |
Burkina Faso | 267 | N/A | 76.9 | N/A | -46.3% |
Sri Lanka | N/A | N/A | 78.5 | N/A | 0% |
Others | 17.9 | 29.3 | 114 | 54.8 | 45.2% |
Total | 1,272 | 757 | 1,013 | 646 | -20.2% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Thailand in 2022:
- Myanmar (18.1 tons)
- Angola (6.3 tons)
- Indonesia (6.0 tons)
- Japan (4.3 tons)
- Philippines (2.1 tons)
- Cambodia (1.3 tons)
- Hong Kong SAR (1.0 tons)
This report provides an in-depth analysis of the market for bicycle frames and forks in Thailand.
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
This report provides an in-depth analysis of the market for bicycle frames and forks in Thailand.
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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