Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates - 2022
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates (CIF) - 2022
The average import price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $29,468 per ton in 2022, jumping by 81% against the previous year. Over the period under review, the import price recorded significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 86% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 Italy ($311,540 per ton), while the price for China ($6,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.8%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $5,637 per ton, rising by 57% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Saudi Arabia ($7,956 per ton), while the average price for exports to Uganda ($779 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 Iran (+6.7%), 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 the United Arab Emirates
In 2022, purchases abroad of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -85.9% to 46 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 131%. As a result, imports reached the peak of 325 tons, and then declined notably in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves contracted markedly to $1.3M in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 329% against the previous year. As a result, imports attained the peak of $5.3M, and then shrank remarkably in the following year.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 50.7 | 112 | 318 | 239 | 67.7% |
| Taiwan (Chinese) | 113 | 62.0 | 219 | 175 | 15.7% |
| France | 59.9 | 12.5 | 336 | 126 | 28.1% |
| Turkey | N/A | N/A | 5.4 | 90.4 | 1574.1% |
| China | 301 | 607 | 1,517 | 87.9 | -33.7% |
| Malaysia | 22.1 | 24.5 | 1.3 | 81.7 | 54.6% |
| Japan | 21.9 | 42.8 | 53.1 | 78.4 | 53.0% |
| United Kingdom | 12.0 | 59.8 | 49.7 | 50.3 | 61.2% |
| South Korea | N/A | 1.5 | N/A | 45.8 | 452.6% |
| India | 51.0 | 44.2 | 54.6 | 41.9 | -6.3% |
| Vietnam | N/A | N/A | N/A | 39.1 | 0% |
| United States | 43.2 | 46.9 | 2,483 | 37.6 | -4.5% |
| Others | 295 | 223 | 265 | 254 | -4.9% |
| Total | 969 | 1,237 | 5,302 | 1,347 | 11.6% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to the United Arab Emirates in 2022:
- Taiwan (Chinese) (16.7 tons)
- China (13.4 tons)
- India (3.4 tons)
- South Korea (2.1 tons)
- Turkey (2.0 tons)
- Vietnam (1.2 tons)
- Malaysia (1.1 tons)
- United Kingdom (0.8 tons)
- Italy (0.8 tons)
- Japan (0.8 tons)
- France (0.7 tons)
- United States (0.3 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves, when their volume decreased by -64.5% to 45 tons. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 226%.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves shrank rapidly to $251K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 191% against the previous year.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 2.8 | N/A | 105 | 512.4% |
| Maldives | 1.1 | N/A | 1.3 | 38.5 | 227.1% |
| Pakistan | 0.4 | N/A | N/A | 29.4 | 318.9% |
| Yemen | N/A | N/A | N/A | 11.3 | 0% |
| Italy | N/A | N/A | N/A | 2.6 | 0% |
| Mozambique | 4.4 | 4.7 | 8.0 | 2.1 | -21.9% |
| Iran | 85.9 | 206 | 221 | 1.4 | -74.6% |
| Cote d'Ivoire | 8.5 | 10.1 | N/A | N/A | 18.8% |
| Democratic Republic of the Congo | 3.3 | 6.1 | 2.5 | N/A | -13.0% |
| Others | 21.3 | 133 | 217 | 60.7 | 41.8% |
| Total | 125 | 363 | 449 | 251 | 26.2% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from the United Arab Emirates in 2022:
- Saudi Arabia (13.2 tons)
- Maldives (12.2 tons)
- Yemen (7.3 tons)
- Pakistan (5.6 tons)
- Mozambique (1.1 tons)
- Italy (0.9 tons)
- Iran (0.4 tons)
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