Price for Cycles; Parts Thereof, Saddles in South Africa - 2023

Contents:

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

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

The average cycles; parts thereof, saddles import price stood at $3.8 per unit in 2022, surging by 30% against the previous year. Overall, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of 47%. As a result, import price attained the peak level of $5.1 per unit. From 2019 to 2022, the average 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 Italy ($30 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced a decline.

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

The average cycles; parts thereof, saddles export price stood at $10 per unit in 2022, jumping by 198% against the previous year. Overall, the export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2015 an increase of 254% against the previous year. The export price peaked at $11 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($24 per unit), while the average price for exports to Swaziland ($1.8 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 Taiwan (Chinese) (+281.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in South Africa

In 2022, imports of cycles; parts thereof, saddleses into South Africa fell rapidly to 252K units, shrinking by -15.5% compared with 2021. Overall, imports recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of 298K units, and then shrank notably in the following year.

In value terms, cycles; parts thereof, saddles imports rose sharply to $961K in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports hit record highs at $973K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cycles; Parts Thereof, Saddles in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3122334223120.0%
Taiwan (Chinese)386147197291-9.0%
Italy13398.81261698.3%
India51.120.541.062.56.9%
United States23.18.018.825.83.8%
Others67.371.668.399.914.1%
Total973579873961-0.4%

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

  1. China (184.6K units)
  2. India (33.9K units)
  3. Taiwan (Chinese) (19.0K units)
  4. Italy (5.6K units)
  5. United States (4.2K units)

Exports of Cycles; Parts Thereof, Saddles in South Africa

In 2022, the amount of cycles; parts thereof, saddleses exported from South Africa declined remarkably to 2.9K units, with a decrease of -84.2% compared with the previous year's figure. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 312%. As a result, the exports attained the peak of 18K units, and then contracted markedly in the following year.

In value terms, cycles; parts thereof, saddles exports declined significantly to $30K in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $64K, and then fell notably in the following year.

Export of Cycles; Parts Thereof, Saddles in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia12.413.815.816.910.9%
Lesotho2.11.61.14.024.0%
MaliN/AN/AN/A2.20%
Botswana2.72.82.92.1-8.0%
Zambia2.20.71.20.8-28.6%
Mozambique2.54.38.70.8-31.6%
Swaziland0.70.70.30.5-10.6%
Norway11.9N/AN/AN/A0%
Switzerland5.4N/AN/AN/A0%
SwedenN/AN/A6.8N/A0%
United KingdomN/AN/A5.7N/A0%
FranceN/AN/A0.9N/A0%
Others17.125.820.72.9-44.6%
Total57.149.764.130.2-19.1%

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

  1. Namibia (698.0 units)
  2. Mali (484.0 units)
  3. Botswana (391.0 units)
  4. Zambia (315.0 units)
  5. Swaziland (275.0 units)
  6. Lesotho (250.0 units)
  7. Mozambique (232.0 units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Cycles; parts thereof, saddles - South Africa