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

Contents:

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

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $3.7 per unit, picking up by 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The import price peaked at $4.2 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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) ($7.6 per unit), while the price for Indonesia ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.4%), while the prices for the other major suppliers experienced a decline.

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

The average cycles; parts thereof, saddles export price stood at $7.5 per unit in 2022, falling by -64.2% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 77% against the previous year. The export price peaked at $21 per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($22 per unit), while the average price for exports to Mexico ($1.4 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Chile

In 2022, approx. 319K units of cycles; parts thereof, saddleses were imported into Chile; shrinking by -68.1% on the previous year's figure. Overall, imports, however, showed mild growth. The pace of growth was the most pronounced in 2021 when imports increased by 273%. As a result, imports attained the peak of 1M units, and then contracted remarkably in the following year.

In value terms, cycles; parts thereof, saddles imports declined rapidly to $1.2M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 258%. As a result, imports attained the peak of $2.6M, and then reduced rapidly in the following year.

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

1. China (250.0K units)
2. Taiwan (Chinese) (23.7K units)
3. Vietnam (22.0K units)
4. Indonesia (14.9K units)

Exports of Cycles; Parts Thereof, Saddles in Chile

In 2022, approx. 6.4K units of cycles; parts thereof, saddleses were exported from Chile; increasing by 200% compared with the previous year's figure. Overall, exports, however, saw a sharp downturn. The exports peaked at 14K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cycles; parts thereof, saddles exports expanded remarkably to $48K in 2022. Over the period under review, exports, however, faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 65%. Over the period under review, the exports attained the maximum at $152K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Venezuela (3.0K units)
2. Mexico (2.0K units)
3. Bolivia (1.4K units)
4. Paraguay (0.1K units)

Source: IndexBox Market Intelligence Platform