Price for Cycles; Parts Thereof, Wheel Rims and Spokes in Peru - 2022

Contents:

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

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

The average import price for cycles; parts thereof, wheel rims and spokeses stood at $4,076 per ton in 2022, increasing by 38% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cycles; parts thereof, wheel rims and spokeses increased by +73.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,931 per ton), while the price for India stood at $3,233 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%).

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

The average export price for cycles; parts thereof, wheel rims and spokeses stood at $10,037 per ton in 2022, growing by 32% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $12,880 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($75,806 per ton), while the average price for exports to Chile ($4,010 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cycles; parts thereof, wheel rims and spokeses decreased by -59.3% to 758 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, imports attained the peak of 2K 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 reduced dramatically to $3.1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 49%.

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

1. China (688.5 tons)
2. India (55.9 tons)

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

In 2022, exports of cycles; parts thereof, wheel rims and spokeses from Peru soared to 2 tons, growing by 16% against 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cycles; parts thereof, wheel rims and spokeses surged to $20K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Chile (999.0 kg)
2. Cuba (817.0 kg)
3. El Salvador (106.0 kg)
4. Bolivia (80.0 kg)
5. Argentina (31.0 kg)

Source: IndexBox Market Intelligence Platform