Venezuela - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBicycle Price in Venezuela - 2022
Contents:
- Bicycle Price in Venezuela (CIF) - 2022
- Bicycle Price in Venezuela (FOB) - 2022
- Bicycle Imports in Venezuela
- Bicycle Exports in Venezuela
Bicycle Price in Venezuela (CIF) - 2022
The average bicycle import price stood at $109 per unit in 2022, with an increase of 19% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2017 when the average import price increased by 169% against the previous year. The import price peaked at $145 per unit 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 the United States ($280 per unit), while the price for China stood at $84 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Bicycle Price in Venezuela (FOB) - 2022
In 2022, the average bicycle export price amounted to $269 per unit, declining by -56.4% against the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 131%. As a result, the export price attained the peak level of $616 per unit, and then declined dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($639 per unit), while the average price for exports to Trinidad and Tobago ($22 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 Trinidad and Tobago (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Imports in Venezuela
In 2022, purchases abroad of bicycles and other cycles decreased by -44.1% to 96K units, falling for the second year in a row after two years of growth. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 261%. As a result, imports attained the peak of 173K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bicycle imports contracted rapidly to $10M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 401%. Imports peaked at $16M in 2021, and then fell remarkably in the following year.
Import of Bicycle in Venezuela (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.7 | 8.8 | 10.2 | 7.6 | 64.7% |
United States | 0.3 | 1.3 | 0.9 | 0.6 | 26.0% |
Panama | 0.5 | 2.9 | N/A | N/A | 480.0% |
Others | 0.5 | 1.8 | 4.6 | 2.3 | 66.3% |
Total | 3.0 | 14.8 | 15.7 | 10.5 | 51.8% |
Top Suppliers of Bicycle to Venezuela in 2022:
- China (90.2K units)
- United States (2.3K units)
Bicycle Exports in Venezuela
In 2022, approx. 35 units of bicycles and other cycles were exported from Venezuela; with an increase of 52% compared with the previous year's figure. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 46 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, bicycle exports fell notably to $9.4K in 2022. In general, exports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 18%. The exports peaked at $14K in 2021, and then declined remarkably in the following year.
Export of Bicycle in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | N/A | N/A | 1.7 | 0% |
Germany | N/A | N/A | 5.0 | 1.3 | -74.0% |
Spain | 0.1 | N/A | N/A | 1.3 | 135.1% |
Dominican Republic | 0.3 | 1.9 | 0.2 | 0.3 | 0.0% |
Jamaica | N/A | N/A | N/A | 0.2 | 0% |
Guyana | N/A | 0.7 | 0.8 | 0.2 | -46.5% |
Costa Rica | N/A | 1.4 | N/A | 0.2 | -62.2% |
Trinidad and Tobago | N/A | N/A | N/A | 0.1 | 0% |
Chile | 0.6 | 3.1 | 2.0 | N/A | 82.6% |
Angola | N/A | 5.2 | N/A | N/A | 0% |
Israel | 1.0 | N/A | 1.0 | N/A | 0.0% |
Others | 8.4 | N/A | 5.1 | 4.2 | -20.6% |
Total | 10.4 | 12.3 | 14.2 | 9.4 | -3.3% |
Top Export Markets for Bicycle from Venezuela in 2022:
- Ireland (7.0 units)
- Trinidad and Tobago (5.0 units)
- Spain (4.0 units)
- Dominican Republic (3.0 units)
- Jamaica (2.0 units)
- Guyana (2.0 units)
- Germany (2.0 units)
- Costa Rica (1.0 units)
This report provides an in-depth analysis of the bicycle market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
- Prodcom 30921030 -
- Prodcom 30921050 -
Country coverage:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bicycle market in Venezuela.
This report provides an in-depth analysis of the global bicycle market.
This report provides an in-depth analysis of the bicycle market in Venezuela.
This report provides an in-depth analysis of the global bicycle market.
Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>