Price for Cycles; Parts Thereof, Saddles in Brazil - 2023

Contents:

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

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $2.3 per unit, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($7.2 per unit), while the price for China ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average cycles; parts thereof, saddles export price amounted to $2.3 per unit, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 21%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($6.1 per unit), while the average price for exports to Argentina ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+5.4%), while the prices for the other major destinations experienced a decline.

Imports of Cycles; Parts Thereof, Saddles in Brazil

Cycles; parts thereof, saddles imports into Brazil shrank to 4.5M units in 2022, dropping by -5.4% on 2021 figures. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of 4.7M units, and then shrank in the following year.

In value terms, cycles; parts thereof, saddles imports rose remarkably to $10M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (4.0M units)
2. Taiwan (Chinese) (0.3M units)
3. Vietnam (0.2M units)

Exports of Cycles; Parts Thereof, Saddles in Brazil

After three years of growth, shipments abroad of cycles; parts thereof, saddleses decreased by -69.1% to 158K units in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 178%. The exports peaked at 510K units in 2021, and then dropped sharply in the following year.

In value terms, cycles; parts thereof, saddles exports contracted remarkably to $359K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports reached the peak of $973K, and then dropped sharply in the following year.

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

1. Argentina (136.3K units)
2. Bulgaria (9.7K units)
3. Paraguay (4.1K units)
4. Mexico (4.0K units)
5. Colombia (2.9K units)

Source: IndexBox Market Intelligence Platform