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

Contents:

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

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

The average cycles; parts thereof, saddles import price stood at $1.2 per unit in 2022, which is down by -10.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2021 when the average import price increased by 23%. As a result, import price reached the peak level of $1.3 per unit, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1.8 per unit), while the price for China amounted to $1.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average cycles; parts thereof, saddles export price amounted to $29 per unit, increasing by 1,640% against the previous year. In general, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.8% per year.

Imports of Cycles; Parts Thereof, Saddles in Morocco

Cycles; parts thereof, saddles imports into Morocco contracted dramatically to 258K units in 2022, which is down by -41.8% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. As a result, imports attained the peak of 444K units, and then reduced notably in the following year.

In value terms, cycles; parts thereof, saddles imports fell remarkably to $301K in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 204% against the previous year. As a result, imports attained the peak of $579K, and then shrank significantly in the following year.

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

1. China (236.5K units)
2. Brazil (19.5K units)

Exports of Cycles; Parts Thereof, Saddles in Morocco

In 2022, the amount of cycles; parts thereof, saddleses exported from Morocco fell to 741 units, waning by -11.9% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,173% against the previous year. As a result, the exports reached the peak of 841 units, and then shrank in the following year.

In value terms, cycles; parts thereof, saddles exports skyrocketed to $22K in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,681% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Italy (741.0 units)

Source: IndexBox Market Intelligence Platform