Price for Cycles; Parts Thereof, Saddles in Turkey - 2023
Contents:
- Price for Cycles; Parts Thereof, Saddles in Turkey (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Turkey (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Turkey
- Exports of Cycles; Parts Thereof, Saddles in Turkey
Price for Cycles; Parts Thereof, Saddles in Turkey (CIF) - 2022
In 2022, the average cycles; parts thereof, saddles import price amounted to $1.7 per unit, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4 per unit), while the price for China ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cycles; Parts Thereof, Saddles in Turkey (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $5.3 per unit, declining by -12.7% against the previous year. In general, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 150%. Over the period under review, the average export prices reached the peak figure at $6 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($35 per unit), while the average price for exports to Romania ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+1,623.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of cycles; parts thereof, saddleses, when their volume decreased by -42.9% to 3.4M units. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of 5.9M units, and then contracted significantly in the following year.
In value terms, cycles; parts thereof, saddles imports declined significantly to $5.6M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, imports reached the peak of $8.7M, and then fell sharply in the following year.
| Import of Cycles; Parts Thereof, Saddles in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 3.2 | 7.2 | 4.1 | 25.0% |
| Italy | 0.5 | 0.4 | 1.0 | 0.7 | 11.9% |
| Vietnam | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
| Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Total | 3.0 | 4.0 | 8.7 | 5.6 | 23.1% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Turkey in 2022:
- China (2997.8K units)
- Vietnam (175.3K units)
- Italy (172.4K units)
Exports of Cycles; Parts Thereof, Saddles in Turkey
In 2022, after two years of decline, there was significant growth in shipments abroad of cycles; parts thereof, saddleses, when their volume increased by 90% to 11K units. Overall, exports, however, continue to indicate a deep slump. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, cycles; parts thereof, saddles exports surged to $56K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cycles; Parts Thereof, Saddles in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.2 | 3.3 | 3.6 | 11.4 | -22.2% |
| Romania | 7.3 | 2.7 | N/A | 10.4 | 12.5% |
| Qatar | N/A | N/A | N/A | 8.1 | 0% |
| United States | 0.5 | N/A | N/A | 6.3 | 132.7% |
| Syrian Arab Republic | N/A | N/A | 2.3 | 5.6 | 143.5% |
| Netherlands | N/A | 22.4 | 4.5 | 1.6 | -73.3% |
| Georgia | N/A | 6.0 | 1.1 | 1.5 | -50.0% |
| Iraq | 0.8 | N/A | N/A | N/A | 0% |
| Morocco | 0.4 | 0.5 | 3.4 | N/A | 191.5% |
| France | 1.3 | N/A | 1.2 | N/A | -3.9% |
| Tunisia | 1.7 | 3.0 | 0.4 | N/A | -51.5% |
| Others | 6.0 | 8.2 | 17.2 | 10.8 | 21.6% |
| Total | 42.2 | 46.1 | 33.6 | 55.8 | 9.8% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Turkey in 2022:
- France (undefinedK units)
- Netherlands (undefinedK units)
- Iraq (undefinedK units)
- Romania (9.1K units)
- Germany (0.3K units)
- Qatar (0.2K units)
- United States (0.2K units)
- Syrian Arab Republic (0.2K units)
- Georgia (0.1K units)
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