Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Paraguay - 2024

Contents:

  1. Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Paraguay (CIF) - 2022
  2. Imports of Cycles; Parts Thereof, Wheel Rims and Spokes in Paraguay

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

In 2022, the average import price for cycles; parts thereof, wheel rims and spokeses amounted to $3,621 per ton, declining by -22.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 69%. As a result, import price attained the peak level of $5,697 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($11,445 per ton), while the price for Hong Kong SAR ($1,696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of cycles; parts thereof, wheel rims and spokeses into Paraguay soared to 80 tons, increasing by 26% on the year before. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 38%.

In value terms, imports of cycles; parts thereof, wheel rims and spokeses reduced modestly to $288K in 2022. Overall, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 71%.

Import of Cycles; Parts Thereof, Wheel Rims and Spokes in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19269.01232011.5%
United States7.22.26.929.059.1%
Brazil66.942.177.017.1-36.5%
Hong Kong SAR1.41.72.87.071.0%
Others69.757.985.333.9-21.4%
Total337173295288-5.1%

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

  1. China (68.1 tons)
  2. United States (4.7 tons)
  3. Hong Kong SAR (4.2 tons)
  4. Brazil (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cycles; parts thereof, wheel rims and spokes - Paraguay