Price for Cycles; Parts Thereof, Saddles in New Zealand - 2023

Contents:

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

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

In 2022, the average cycles; parts thereof, saddles import price amounted to $4.7 per unit, therefore, remained relatively stable against the previous year. Overall, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $7.6 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($4.8 per unit) and China ($4.7 per unit), while the price for Japan ($4.3 per unit) and the UK ($4.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average cycles; parts thereof, saddles export price amounted to $34 per unit, surging by 79% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 144%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($35 per unit), while the average price for exports to Australia amounted to $34 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+175.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas purchases of cycles; parts thereof, saddleses, which increased by 54% to 288K units in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cycles; parts thereof, saddles imports skyrocketed to $1.3M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cycles; Parts Thereof, Saddles in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)38432034564518.9%
China65.325937641485.1%
JapanN/AN/A45.0108140.0%
Italy22.719.960.483.454.3%
Netherlands1.5N/A9.834.3183.8%
United Kingdom7.54.727.521.341.6%
United States25.914.42.816.8-13.4%
Others9.69.112.817.923.1%
Total5166278791,34137.5%

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

  1. Taiwan (Chinese) (138.0K units)
  2. China (87.5K units)
  3. Japan (25.1K units)
  4. Italy (19.0K units)
  5. Netherlands (7.1K units)
  6. United Kingdom (4.9K units)
  7. United States (3.6K units)

Exports of Cycles; Parts Thereof, Saddles in New Zealand

In 2022, shipments abroad of cycles; parts thereof, saddleses decreased by -55.4% to 406 units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 297%. As a result, the exports reached the peak of 6.1K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles exports reduced sharply to $14K in 2022. Overall, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 232% against the previous year. As a result, the exports attained the peak of $51K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cycles; Parts Thereof, Saddles in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8.642.33.111.911.4%
New CaledoniaN/A0.34.52.0158.2%
United States6.6N/AN/AN/A0%
SingaporeN/A2.42.7N/A12.5%
South AfricaN/A4.75.1N/A8.5%
TongaN/A0.70.8N/A14.3%
Others0.10.11.40.10.0%
Total15.250.617.514.0-2.7%

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

  1. Australia (346.0 units)
  2. New Caledonia (58.0 units)

Source: IndexBox Market Intelligence Platform

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