CIS: Bicycle Frames And Forks Market 2020

Bicycle Frames And Forks Market Size in CIS

The revenue of the bicycle frames and forks market in CIS amounted to $X in 2017, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The bicycle frames and forks consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. The level of bicycle frames and forks consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Bicycle Frames And Forks Exports

Exports in CIS

In 2017, approx. X tons of frames and forks, for bicycles were exported in CIS; falling by -X% against the previous year. The bicycle frames and forks exports continue to indicate a prominent growth. The growth pace was the most rapid in 2014, when exports increased by X% against the previous year. In that year, the bicycle frames and forks exports reached their peak volume of X tons. From 2015 to 2017, growth of the bicycle frames and forks exports failed to regain its momentum.

In value terms, bicycle frames and forks exports stood at $X in 2017. The bicycle frames and forks exports continue to indicate a prominent expansion. Over the period under review, the bicycle frames and forks exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

Moldova prevails in bicycle frames and forks exports structure, reaching X tons, which was approx. X% of total exports in 2017. It was distantly followed by Russia (X tons), mixed up X% share of total exports.

Moldova was also the fastest growing in terms of the frames and forks, for bicycles exports, with a CAGR of +X% from 2007 to 2017. Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Russia increased by X% percentage points, while Moldova (-X%) saw their share reduced.

In value terms, Moldova ($X) remains the largest bicycle frames and forks supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports.

In Moldova, bicycle frames and forks exports expanded at an average annual rate of +X% over the period from 2007-2017.

Export Prices by Country

The bicycle frames and forks export price in CIS stood at $X per kg in 2017, growing by X% against the previous year. The bicycle frames and forks export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% y-o-y. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per kg), while Moldova ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Moldova (+X% per year).

Bicycle Frames And Forks Imports

Imports in CIS

In 2017, approx. X tons of frames and forks, for bicycles were imported in CIS; picking up by X% against the previous year. The bicycle frames and forks imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, bicycle frames and forks imports amounted to $X in 2017. The bicycle frames and forks imports continue to indicate a strong increase. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Imports by Country

Russia dominates bicycle frames and forks imports structure, recording X tons, which was near X% of total imports in 2017. It was distantly followed by Belarus (X tons), committing X% share of total imports. Kazakhstan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern of frames and forks, for bicycles imports. At the same time, Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Russia (X%) significantly strengthened its position in terms of the global imports, while Belarus saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported frames and forks, for bicycles in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Import Prices by Country

In 2017, the bicycle frames and forks import price in CIS amounted to $X per ton, approximately reflecting the previous year. The import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the bicycle frames and forks import price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. Over the period under review, the import prices for frames and forks, for bicycles reached its maximum level in 2017, and is expected to retain its growth in the near future.

Average import prices varied somewhat amongst the major importing countries. In 2017, the country with the highest import price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform