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

Contents:

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

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

In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $2,949 per ton, with a decrease of -6.1% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts, pedals and crank-gear, and parts thereoves increased by +27.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $4,154 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($24,899 per ton), while the price for China totaled $1,492 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%).

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

The average export price for cycles; parts, pedals and crank-gear, and parts thereoves stood at $15,392 per ton in 2022, waning by -9.9% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 63%. The export price peaked at $17,259 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($46,471 per ton), while the average price for exports to Lao People's Democratic Republic ($1,600 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 Cambodia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -7.1% to 1.2K tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 0.5% against the previous year. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves contracted to $3.6M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $4.1M, and then reduced in the following year.

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

1. China (1179.6 tons)
2. Taiwan (Chinese) (28.1 tons)

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

For the third year in a row, Thailand recorded decline in shipments abroad of cycles; parts, pedals and crank-gear, and parts thereoves, which decreased by -29.2% to 42 tons in 2022. Over the period under review, exports faced a abrupt descent. The smallest decline of -9.7% was in 2020.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves fell markedly to $646K in 2022. Overall, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year.

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

1. Myanmar (18.1 tons)
2. Angola (6.3 tons)
3. Indonesia (6.0 tons)
4. Japan (4.3 tons)
5. Philippines (2.1 tons)
6. Cambodia (1.3 tons)
7. Hong Kong SAR (1.0 tons)

Source: IndexBox Market Intelligence Platform