Price for Cycles; Parts Thereof, Saddles in Indonesia - 2022
Contents:
- Price for Cycles; Parts Thereof, Saddles in Indonesia (CIF) - 2022
- Price for Cycles; Parts Thereof, Saddles in Indonesia (FOB) - 2022
- Imports of Cycles; Parts Thereof, Saddles in Indonesia
- Exports of Cycles; Parts Thereof, Saddles in Indonesia
Price for Cycles; Parts Thereof, Saddles in Indonesia (CIF) - 2022
In March 2022, the average cycles; parts thereof, saddles import price amounted to $3.3 per unit, with an increase of 3.8% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 29% month-to-month. The import price peaked at $3.7 per unit in December 2021; however, from January 2022 to March 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Vietnam ($6.0 per unit), while the price for China ($2.2 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.1%), while the prices for the other major suppliers experienced a decline.
Price for Cycles; Parts Thereof, Saddles in Indonesia (FOB) - 2022
In 2022, the average cycles; parts thereof, saddles export price amounted to $24 per unit, with an increase of 525% against the previous year. In general, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($29 per unit), while the average price for exports to Singapore ($1.5 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 Cambodia (+59.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cycles; Parts Thereof, Saddles in Indonesia
In 2022, overseas purchases of cycles; parts thereof, saddleses decreased by -26.5% to 8.6M units, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when imports increased by 72% against the previous year. As a result, imports attained the peak of 16M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cycles; parts thereof, saddles imports reduced markedly to $11M in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cycles; Parts Thereof, Saddles in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 15.9 | 11.7 | 7.3 | 2.9% |
| Vietnam | 1.0 | 1.6 | 1.4 | 1.8 | 21.6% |
| Taiwan (Chinese) | 0.5 | 1.1 | 2.0 | 1.2 | 33.9% |
| Others | 0.3 | 0.6 | 0.9 | 0.3 | 0.0% |
| Total | 8.5 | 19.2 | 16.0 | 10.6 | 7.6% |
Top Suppliers of Cycles; Parts Thereof, Saddles to Indonesia in 2022:
- China (7.5M units)
- Vietnam (0.6M units)
- Taiwan (Chinese) (0.5M units)
Exports of Cycles; Parts Thereof, Saddles in Indonesia
In 2022, overseas shipments of cycles; parts thereof, saddleses decreased by -79.7% to 47K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 66%. As a result, the exports reached the peak of 263K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cycles; parts thereof, saddles exports soared to $1.1M in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cycles; Parts Thereof, Saddles in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 62.8 | 123 | 110 | 610 | 113.4% |
| Netherlands | 11.1 | 48.9 | 174 | 248 | 181.6% |
| Vietnam | 5.9 | N/A | 207 | 110 | 165.2% |
| Thailand | N/A | 0.1 | 46.9 | 57.1 | 2289.6% |
| Slovakia | 11.3 | 15.7 | 26.8 | 30.2 | 38.8% |
| Hungary | 22.9 | 32.6 | N/A | 23.8 | 1.3% |
| Singapore | 0.6 | 0.8 | 90.9 | 12.4 | 174.4% |
| Argentina | 38.8 | 17.2 | 12.3 | N/A | -43.7% |
| Chile | 6.6 | 19.4 | 29.4 | N/A | 111.1% |
| Greece | 29.5 | 52.5 | 7.3 | N/A | -50.3% |
| Honduras | 54.5 | 114 | 77.6 | N/A | 19.3% |
| Others | 11.0 | 39.5 | 99.2 | 28.1 | 36.7% |
| Total | 255 | 463 | 881 | 1,118 | 63.7% |
Top Export Markets for Cycles; Parts Thereof, Saddles from Indonesia in 2022:
- Cambodia (21.0K units)
- Netherlands (8.5K units)
- Singapore (8.5K units)
- Vietnam (3.8K units)
- Thailand (2.0K units)
- Slovakia (1.0K units)
- Hungary (0.8K units)
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