Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan - 2022

Contents:

1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan (CIF) - 2022
2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan
4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan (CIF) - 2022

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $5,511 per ton, increasing by 12% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Taiwan (Chinese) ($28,277 per ton), while the price for China totaled $3,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan (FOB) - 2022

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $4,190 per ton in 2022, falling by -58.6% against the previous year. In general, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2021 an increase of 162%. As a result, the export price attained the peak level of $10,113 per ton, and then shrank significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +9.4% per year.

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan

In 2022, approx. 42 tons of cycles; parts thereof, wheel rims and spokeses were imported into Kazakhstan; which is down by -60% on the year before. Over the period under review, imports faced a sharp curtailment. The smallest decline of -28.9% was in 2021.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses shrank sharply to $233K in 2022. In general, imports saw a significant decrease. The smallest decline of -35.6% was in 2021.

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Kazakhstan in 2022:

1. China (39.9 tons)
2. Taiwan (Chinese) (1.7 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Kazakhstan

In 2022, approx. 1.2 tons of cycles; parts thereof, wheel rims and spokeses were exported from Kazakhstan; growing by 652% against the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses surged to $5K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Kazakhstan in 2022:

1. Russia (1.2 tons)

Source: IndexBox Market Intelligence Platform