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

Contents:

  1. Price for Cycles; Parts Thereof, Saddles in Ethiopia (CIF) - 2022
  2. Imports of Cycles; Parts Thereof, Saddles in Ethiopia

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $13 per unit, shrinking by -28.7% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 92%. Over the period under review, average import prices reached the peak figure at $18 per unit in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($15 per unit), while the price for China amounted to $6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.0%).

Imports of Cycles; Parts Thereof, Saddles in Ethiopia

In 2022, cycles; parts thereof, saddles imports into Ethiopia reduced notably to 740 units, falling by -80.2% on 2021. Overall, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. Imports peaked at 7.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles imports declined rapidly to $9.6K in 2022. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 140% against the previous year. As a result, imports attained the peak of $68K, and then declined markedly in the following year.

Import of Cycles; Parts Thereof, Saddles in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)53.125.957.38.7-45.3%
China14.02.410.60.8-61.5%
OthersN/AN/AN/AN/A0%
Total67.028.367.99.6-47.7%

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

  1. Taiwan (Chinese) (602.0 units)
  2. China (138.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, saddles - Ethiopia