Price for Cycles; Parts Thereof, Saddles in Kenya - 2021

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Kenya (CIF) - 2022
2. Price for Cycles; Parts Thereof, Saddles in Kenya (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Kenya
4. Exports of Cycles; Parts Thereof, Saddles in Kenya

Price for Cycles; Parts Thereof, Saddles in Kenya (CIF) - 2022

In 2022, the average cycles; parts thereof, saddles import price amounted to $1.3 per unit, with an increase of 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 25%. The import price peaked at $1.5 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1.2 per unit), while the price for India totaled $1.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%).

Price for Cycles; Parts Thereof, Saddles in Kenya (FOB) - 2022

In 2022, the average cycles; parts thereof, saddles export price amounted to $6 per unit, declining by -40.8% against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2019 an increase of 66%. Over the period under review, the average export prices hit record highs at $10 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +30.2% per year.

Imports of Cycles; Parts Thereof, Saddles in Kenya

In 2022, overseas purchases of cycles; parts thereof, saddleses decreased by -61.9% to 76K units, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 175%. As a result, imports reached the peak of 648K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cycles; parts thereof, saddles imports fell notably to $102K in 2022. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 243%. As a result, imports attained the peak of $646K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Cycles; Parts Thereof, Saddles to Kenya in 2022:

1. China (47.1K units)
2. India (28.0K units)

Exports of Cycles; Parts Thereof, Saddles in Kenya

In 2022, the amount of cycles; parts thereof, saddleses exported from Kenya soared to 1.5K units, rising by 4,739% compared with the year before. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cycles; parts thereof, saddles exports surged to $8.9K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cycles; Parts Thereof, Saddles from Kenya in 2022:

1. Democratic Republic of the Congo (1.5K units)

Source: IndexBox Market Intelligence Platform