Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar - 2023
Contents:
- Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar (CIF) - 2022
- Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar
Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar (CIF) - 2022
In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $712 per ton, picking up by 56% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $839 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,595 per ton), while the price for Thailand ($629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.
Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar
For the fourth consecutive year, Myanmar recorded growth in supplies from abroad of cycles; parts, pedals and crank-gear, and parts thereoves, which increased by 135% to 267 tons in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves soared to $190K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.3 | 47.1 | 50.4 | 151 | 48.3% |
| Thailand | 0.1 | 0.1 | 1.5 | 21.7 | 500.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 15.7 | 0% |
| India | 6.5 | 6.0 | N/A | 1.2 | -43.1% |
| Others | N/A | 0.2 | 0.1 | 0.6 | 73.2% |
| Total | 52.9 | 53.3 | 51.9 | 190 | 53.1% |
Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Myanmar in 2022:
- China (221.3 tons)
- Thailand (34.5 tons)
- Taiwan (Chinese) (9.8 tons)
- India (1.6 tons)
370
Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
370
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.
