Middle East: Bicycle Frames And Forks Market 2020

Bicycle Frames And Forks Market Size in Middle East

The revenue of the bicycle frames and forks market in Middle East amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The bicycle frames and forks consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the bicycle frames and forks market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Bicycle Frames And Forks Exports

Exports in Middle East

In 2017, exports of frames and forks, for bicycles in Middle East totaled X tons, remaining stable against the previous year. The bicycle frames and forks exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the bicycle frames and forks exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, bicycle frames and forks exports amounted to $X in 2017. The bicycle frames and forks exports continue to indicate a drastic decrease. Over the period under review, the bicycle frames and forks exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, Turkey (X tons) represented the major exporter for frames and forks, for bicycles, creating X% of total exports. The United Arab Emirates (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Israel (X%) and Kuwait (X%). Iran (X kg) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kuwait (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Iran (-X%), the United Arab Emirates (-X%) and Israel (-X%) illustrated a downward trend over the same period. While the share of Israel (X%) and the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kuwait (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) emerged as the largest bicycle frames and forks supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Kuwait, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey stood at +X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Kuwait (+X% per year).

Export Prices by Country

The bicycle frames and forks export price in Middle East stood at $X per kg in 2017, going down by -X% against the previous year. The bicycle frames and forks export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Over the period under review, the export prices for frames and forks, for bicycles reached its peak figure level of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per kg), while Turkey ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Bicycle Frames And Forks Imports

Imports in Middle East

In 2017, the amount of frames and forks, for bicycles imported in Middle East stood at X tons, going down by -X% against the previous year. The total imports indicated a modest expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the bicycle frames and forks imports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the bicycle frames and forks imports reached its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, bicycle frames and forks imports totaled $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Imports by Country

Turkey (X tons) and Iran (X tons) prevails in bicycle frames and forks imports structure, together generating X% of total imports. The following importers - the United Arab Emirates (X tons) and Israel (X tons) each amounted to a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest bicycle frames and forks markets worldwide were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

In terms of the main importing countries, Iran (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2017, the bicycle frames and forks import price in Middle East amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, an increase of X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Israel ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform