Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Qatar - 2023

Contents:

  1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Qatar (CIF) - 2022
  2. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Qatar

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

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $149,622 per ton, growing by 195% against the previous year. Over the period under review, the import price showed significant growth. The most prominent rate of growth was recorded in 2019 an increase of 1,002%. The import price peaked in 2022 and is likely to see steady 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 Italy ($284,508 per ton), while the price for the United States ($90,476 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+435.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of cycles; parts thereof, wheel rims and spokeses decreased by -68.9% to 724 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of 3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses fell to $108K in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. As a result, imports reached the peak of $183K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A39.336.952.615.7%
United States11610363.239.7-30.1%
BelgiumN/AN/AN/A16.00%
ChinaN/A18.018.2N/A1.1%
Netherlands15.022.0N/AN/A46.7%
OthersN/AN/AN/AN/A0%
Total131183118108-6.2%

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

  1. United States (439.0 kg)
  2. Italy (185.0 kg)
  3. Belgium (100.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, wheel rims and spokes - Qatar