Price for Cycles; Parts Thereof, Saddles in Belarus - 2022

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Belarus (CIF) - 2022
2. Price for Cycles; Parts Thereof, Saddles in Belarus (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Belarus
4. Exports of Cycles; Parts Thereof, Saddles in Belarus

Price for Cycles; Parts Thereof, Saddles in Belarus (CIF) - 2022

In 2022, the average cycles; parts thereof, saddles import price amounted to $3.2 per unit, surging by 99% against the previous year. In general, the import price recorded a modest expansion. Over the period under review, average import prices reached the peak figure at $3.6 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5.8 per unit), while the price for China ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Cycles; Parts Thereof, Saddles in Belarus (FOB) - 2022

In 2022, the average cycles; parts thereof, saddles export price amounted to $0.6 per unit, waning by -14.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $1.6 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -9.7% per year.

Imports of Cycles; Parts Thereof, Saddles in Belarus

In 2022, cycles; parts thereof, saddles imports into Belarus fell markedly to 176K units, which is down by -62.7% compared with the previous year. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked at 563K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cycles; parts thereof, saddles imports dropped rapidly to $569K in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $768K, and then declined rapidly in the following year.

Top Suppliers of Cycles; Parts Thereof, Saddles to Belarus in 2022:

1. China (165.7K units)
2. Taiwan (Chinese) (3.5K units)
3. Vietnam (2.8K units)

Exports of Cycles; Parts Thereof, Saddles in Belarus

In 2022, the amount of cycles; parts thereof, saddleses exported from Belarus soared to 449K units, with an increase of 65% against 2021 figures. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cycles; parts thereof, saddles exports soared to $249K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Cycles; Parts Thereof, Saddles from Belarus in 2022:

1. Russia (448.7K units)

Source: IndexBox Market Intelligence Platform