Price for Cycles; Parts Thereof, Saddles in Jordan - 2022

Price for Cycles; Parts Thereof, Saddles in Jordan (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $2.4 per unit in 2022, picking up by 11% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 136% against the previous year. As a result, import price attained the peak level of $5.5 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($62 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Jordan

In 2022, purchases abroad of cycles; parts thereof, saddleses decreased by -82.3% to 7.3K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 266%. As a result, imports attained the peak of 41K units, and then contracted sharply in the following year.

In value terms, cycles; parts thereof, saddles imports shrank rapidly to $17K in 2022. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 277%. As a result, imports reached the peak of $88K, and then shrank notably in the following year.