Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile - 2024

Contents:

  1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (CIF) - 2022
  2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (FOB) - 2022
  3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile
  4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (CIF) - 2022

In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $12,144 per ton, with an increase of 46% against the previous year. Overall, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($31,070 per ton), while the price for China ($5,287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $48,954 per ton, falling by -30.2% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 793%. The export price peaked at $102,221 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($58,107 per ton), while the average price for exports to Mexico ($2,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+81.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile

In 2022, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -44.8% to 305 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 165%. As a result, imports attained the peak of 552 tons, and then declined sharply in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves fell dramatically to $3.7M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 214% against the previous year. As a result, imports reached the peak of $4.6M, and then fell sharply in the following year.

Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)6364111,0731,32827.8%
China5355112,26890619.2%
Indonesia64.925.623740984.7%
Philippines18.330.7111251139.4%
Malaysia317151155217-11.9%
Others43133675759311.2%
Total2,0031,4654,6013,70322.7%

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Chile in 2022:

  1. China (171.3 tons)
  2. Taiwan (Chinese) (42.7 tons)
  3. Indonesia (34.0 tons)
  4. Philippines (33.5 tons)
  5. Malaysia (8.8 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile

In 2022, the amount of cycles; parts, pedals and crank-gear, and parts thereoves exported from Chile soared to 3.2 tons, increasing by 50% compared with the previous year. Overall, exports recorded 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, pedals and crank-gear, and parts thereoves rose modestly to $156K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 15%.

Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia1411291491532.8%
VenezuelaN/A0.5N/A2.7132.4%
MexicoN/AN/AN/A0.10%
Others16.50.10.20.3-73.7%
Total157130149156-0.2%

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Chile in 2022:

  1. Bolivia (2633.0 kg)
  2. Venezuela (496.0 kg)
  3. Mexico (55.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts, pedals and crank-gear, and parts thereof - Chile