Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan - 2023
Contents:
- Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan (CIF) - 2022
- Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan
Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan (CIF) - 2022
The average import price for cycles; parts thereof, wheel rims and spokeses stood at $3,488 per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the import price posted modest growth. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $6,493 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($5,544 per ton), while the price for China amounted to $3,138 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan
In 2022, the amount of cycles; parts thereof, wheel rims and spokeses imported into Azerbaijan shrank notably to 1.6 tons, declining by -84.4% against 2021 figures. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 56%.
In value terms, imports of cycles; parts thereof, wheel rims and spokeses plummeted to $5.7K in 2022. In general, imports showed a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year.
| Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.7 | 12.9 | 21.8 | 4.4 | -58.3% |
| Turkey | 0.3 | 1.6 | 4.5 | 1.3 | 63.0% |
| Others | 0.6 | 0.3 | 2.1 | N/A | 87.1% |
| Total | 61.5 | 14.9 | 28.4 | 5.7 | -54.7% |
Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Azerbaijan in 2022:
- China (1391.0 kg)
- Turkey (237.0 kg)
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Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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Global Bicycle Frames And Forks Market Report 2018. This report provides an in-depth analysis of the global market for bicycle frames and forks.
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