Price for Cycles; Parts Thereof, Saddles in Tanzania - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Tanzania (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Tanzania (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Tanzania
- Exports of Cycles; Parts Thereof, Saddles in Tanzania
Price for Cycles; Parts Thereof, Saddles in Tanzania (CIF) - 2022
The average cycles; parts thereof, saddles import price stood at $1 per unit in 2022, growing by 4.9% against the previous year. Overall, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. As a result, import price attained the peak level of $3.3 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1 per unit), while the price for India amounted to $0.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.7%).
Price for Cycles; Parts Thereof, Saddles in Tanzania (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $77 per unit, growing by 58% against the previous year. Overall, the export price saw a significant increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 84%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($88 per unit), while the average price for exports to Rwanda ($34 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 Mozambique (+78.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Tanzania
Cycles; parts thereof, saddles imports into Tanzania soared to 702K units in 2022, picking up by 33% against the previous year's figure. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cycles; parts thereof, saddles imports soared to $676K in 2022. In general, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cycles; Parts Thereof, Saddles in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 508 | 253 | 421 | 528 | 1.3% |
| India | 91.1 | 32.3 | 48.9 | 131 | 12.9% |
| Others | 7.7 | 9.6 | 13.1 | 16.9 | 30.0% |
| Total | 607 | 295 | 483 | 676 | 3.7% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Tanzania in 2022:
- China (537.3K units)
- India (147.0K units)
Exports of Cycles; Parts Thereof, Saddles in Tanzania
In 2022, after three years of growth, there was significant decline in shipments abroad of cycles; parts thereof, saddleses, when their volume decreased by -47.3% to 88 units. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 293%. Over the period under review, the exports hit record highs at 167 units in 2021, and then fell dramatically in the following year.
In value terms, cycles; parts thereof, saddles exports contracted remarkably to $6.8K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 326% against the previous year. The exports peaked at $8.1K in 2021, and then contracted remarkably in the following year.
| Export of Cycles; Parts Thereof, Saddles in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 0.1 | 0.4 | 4.2 | 3.8 | 236.2% |
| Zambia | 0.7 | 2.4 | 3.2 | 2.2 | 46.5% |
| Malawi | N/A | 0.5 | 0.6 | 0.7 | 18.3% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 0.8 | 3.4 | 8.1 | 6.8 | 104.1% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Tanzania in 2022:
- Democratic Republic of the Congo (44.0 units)
- Zambia (25.0 units)
- Malawi (17.0 units)
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