Latin America and the Caribbean: Bicycle Frames And Forks Market 2020

Bicycle Frames And Forks Market Size in Latin America and the Caribbean

The revenue of the bicycle frames and forks market in Latin America and the Caribbean amounted to $X in 2017, dropping 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 mild increase. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. In that year, the bicycle frames and forks market reached their peak level of $X. From 2013 to 2017, growth of the bicycle frames and forks market stood at a somewhat lower level.

Bicycle Frames And Forks Exports

Exports in Latin America and the Caribbean

The exports amounted to X tons in 2017, surging by X% against the previous year. The bicycle frames and forks exports continue to indicate a measured contraction. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, bicycle frames and forks exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, Colombia (X tons) was the main exporter for frames and forks, for bicycles, constituting X% of total exports. Brazil (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Uruguay (X%) and Chile (X%). Panama (X kg) and Guatemala (X kg) followed a long way behind the leaders.

Colombia was also the fastest growing in terms of the frames and forks, for bicycles exports, with a CAGR of +X% from 2007 to 2017. At the same time, Panama (+X%) displayed positive paces of growth. Uruguay experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Chile (-X%) and Guatemala (-X%) illustrated a downward trend over the same period. While the share of Chile (X%), Brazil (X%) and Guatemala (X%) increased significantly in terms of the global exports from 2007-2017, the share of Colombia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bicycle frames and forks markets worldwide were Colombia ($X), Uruguay ($X) and Brazil ($X), with a combined X% share of total exports.

Colombia (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countriesover the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The bicycle frames and forks export price in Latin America and the Caribbean stood at $X per kg in 2017, therefore, remained relatively stable against the previous year. The export price indicated a remarkable increase 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 export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Uruguay ($X per kg), while Brazil ($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 Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Bicycle Frames And Forks Imports

Imports in Latin America and the Caribbean

In 2017, approx. X tons of frames and forks, for bicycles were imported in Latin America and the Caribbean; coming down by -X% against the previous year. The bicycle frames and forks imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, bicycle frames and forks imports amounted to $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value 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 imports increased by +X% against 2009 indices. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Imports by Country

Mexico (X tons) and Brazil (X tons) represented roughly X% of total imports of frames and forks, for bicycles in 2017. Colombia (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Argentina (X%). Venezuela (X tons), Ecuador (X tons) and Guatemala (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Colombia, Venezuela, Ecuador and Guatemala, which together accounted for a further X%.

Ecuador (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The bicycle frames and forks import price in Latin America and the Caribbean stood at $X per ton in 2017, jumping by X% against the previous year. The import price indicated a remarkable expansion 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. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. In that year, the import prices for frames and forks, for bicycles reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Argentina ($X per kg), while Guatemala ($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 Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform