Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (CIF) - 2022
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (FOB) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan
- Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $2,320 per ton, rising by 80% against the previous year. In general, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 88% against the previous year. As a result, import price attained the peak level of $5,377 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.2% per year.
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (FOB) - 2022
The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $58,072 per ton in 2022, surging by 1,993% against the previous year. In general, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($168,658 per ton), while the average price for exports to the United Arab Emirates ($2,981 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 Bosnia and Herzegovina (+67.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan
In 2022, approx. 20 tons of cycles; parts, pedals and crank-gear, and parts thereoves were imported into Pakistan; waning by -70.5% compared with the previous year's figure. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 521%. As a result, imports attained the peak of 68 tons, and then dropped notably in the following year.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves shrank remarkably to $47K in 2022. In general, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 224%.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 91.6 | 26.9 | 87.5 | 46.7 | -20.1% |
| Others | 0.6 | 0.2 | 0.2 | N/A | -42.3% |
| Total | 92.1 | 27.1 | 87.7 | 46.7 | -20.3% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Pakistan in 2022:
- China (20.1 tons)
Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan
Exports of cycles; parts, pedals and crank-gear, and parts thereoves from Pakistan skyrocketed to 1.2 tons in 2022, picking up by 63% on the previous year's figure. In general, exports, however, saw a noticeable decline.
In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves surged to $71K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 56.7 | 0% |
| Netherlands | 1.6 | N/A | 1.3 | 13.8 | 105.1% |
| United Arab Emirates | 5.9 | N/A | N/A | 0.5 | -56.1% |
| Indonesia | N/A | N/A | 0.2 | N/A | 0% |
| Others | 2.2 | N/A | 0.5 | 0.2 | -55.0% |
| Total | 9.7 | N/A | 2.1 | 71.1 | 94.3% |
Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Pakistan in 2022:
- Netherlands (724.0 kg)
- Germany (336.0 kg)
- United Arab Emirates (155.0 kg)
236
This report provides an in-depth analysis of the market for bicycle frames and forks in Pakistan.
365
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
236
This report provides an in-depth analysis of the market for bicycle frames and forks in Pakistan.
365
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
Nothing found. Please try again.
