Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay - 2023
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay (CIF) - 2022
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay (CIF) - 2022
In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $8,052 per ton, declining by -13.1% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. The import price peaked at $9,268 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($26,019 per ton), while the price for Argentina ($2,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay
Imports of cycles; parts thereof, wheel rims and spokeses into Uruguay skyrocketed to 22 tons in 2022, jumping by 39% on the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses skyrocketed to $180K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 15.9 | 33.8 | 83.2 | 96.3% |
| Taiwan (Chinese) | 5.7 | 6.7 | 16.1 | 63.0 | 122.8% |
| Argentina | 2.1 | 3.5 | 2.4 | 10.6 | 71.5% |
| Czech Republic | 0.1 | 0.1 | 0.2 | 5.7 | 284.9% |
| Vietnam | 41.9 | 58.9 | 81.9 | N/A | 39.8% |
| Others | 12.7 | 12.6 | 14.6 | 17.6 | 11.5% |
| Total | 73.5 | 97.8 | 149 | 180 | 34.8% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Uruguay in 2022:
- China (14.1 tons)
- Argentina (4.8 tons)
- Taiwan (Chinese) (2.4 tons)
- Czech Republic (0.3 tons)
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