Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan - 2023

Contents:

  1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (CIF) - 2022
  2. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (FOB) - 2022
  3. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan
  4. Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (CIF) - 2022

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $803 per ton in 2022, increasing by 8.4% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +7.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 10%. The import price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2017 to 2022, the rate of growth in terms of prices for China amounted to +7.6% per year.

Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (FOB) - 2022

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $2,497 per ton in 2022, with an increase of 12% against the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2017 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +226.7% per year.

Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan

In 2022, purchases abroad of cycles; parts thereof, wheel rims and spokeses decreased by -7.2% to 948 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses reached $761K in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 46% against the previous year. As a result, imports attained the peak of $995K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6579807167544.7%
Others26.915.141.77.0-36.2%
Total6849957577613.6%

Top Suppliers of Cycles; Parts Thereof, Wheel Rims and Spokes to Uzbekistan in 2022:

  1. China (945.7 tons)

Exports of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan

In 2022, the amount of cycles; parts thereof, wheel rims and spokeses exported from Uzbekistan shrank markedly to 2.2 tons, reducing by -92.1% against the previous year. Over the period under review, exports faced a sharp slump. The smallest decline of -2.5% was in 2021.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses fell markedly to $5.4K in 2022. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, the exports attained the peak of $61K, and then reduced rapidly in the following year.

Export of Cycles; Parts Thereof, Wheel Rims and Spokes in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Tajikistan55.360.95.4-68.8%
OthersN/AN/AN/A0%
Total55.360.95.4-68.8%

Top Export Markets for Cycles; Parts Thereof, Wheel Rims and Spokes from Uzbekistan in 2022:

  1. Tajikistan (2.2 tons)

Source: IndexBox Market Intelligence Platform

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