Bicycle Tire Price in Italy - 2023
Contents:
- Bicycle Tire Price in Italy (CIF) - 2023
- Bicycle Tire Price in Italy (FOB) - 2022
- Bicycle Tire Imports in Italy
- Bicycle Tire Exports in Italy
Bicycle Tire Price in Italy (CIF) - 2023
In August 2023, the average bicycle tire import price amounted to $15.2 per unit, remaining constant against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +4.6%. The pace of growth was the most pronounced in September 2022 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs at $17.0 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($50.1 per unit), while the price for Vietnam ($3.1 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Italy (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $29 per unit, with an increase of 2.3% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 80% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($39 per unit), while the average price for exports to Croatia ($9.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Italy
In 2022, bicycle tire imports into Italy dropped to 11M units, therefore, remained relatively stable against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. As a result, imports attained the peak of 11M units, leveling off in the following year.
In value terms, bicycle tire imports skyrocketed to $99M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Bicycle Tire in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 22.4 | 18.1 | 33.0 | 40.5 | 21.8% |
| France | 5.8 | 7.1 | 11.4 | 13.1 | 31.2% |
| China | 5.7 | 6.1 | 14.1 | 12.8 | 31.0% |
| Germany | 7.8 | 8.1 | 10.1 | 10.2 | 9.4% |
| Indonesia | 1.1 | 1.0 | 3.2 | 7.1 | 86.2% |
| Vietnam | 2.2 | 2.9 | 3.3 | 2.1 | -1.5% |
| Sri Lanka | 0.7 | 0.9 | 0.9 | 1.9 | 39.5% |
| Others | 4.7 | 5.8 | 8.2 | 10.9 | 32.4% |
| Total | 50.4 | 49.9 | 84.2 | 98.6 | 25.1% |
Top Suppliers of Bicycle Tire to Italy in 2022:
- Thailand (3.9M units)
- China (2.6M units)
- Indonesia (1.6M units)
- France (0.7M units)
- Sri Lanka (0.5M units)
- Germany (0.4M units)
- Vietnam (0.3M units)
Bicycle Tire Exports in Italy
Bicycle tire exports from Italy rose markedly to 1.9M units in 2022, picking up by 13% on 2021. Overall, exports, however, showed a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. The exports peaked at 2.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bicycle tire exports surged to $55M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Bicycle Tire in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.9 | 4.8 | 7.1 | 9.1 | 22.9% |
| France | 5.7 | 6.3 | 9.8 | 9.0 | 16.4% |
| Netherlands | 3.6 | 4.4 | 5.1 | 8.7 | 34.2% |
| Spain | 3.7 | 5.2 | 6.4 | 7.1 | 24.3% |
| United Kingdom | 5.3 | 4.9 | 5.2 | 6.0 | 4.2% |
| Belgium | 2.0 | 2.4 | 3.3 | 2.7 | 10.5% |
| Switzerland | 0.3 | 0.5 | 1.3 | 1.9 | 85.0% |
| Poland | 0.5 | 0.6 | 0.8 | 1.2 | 33.9% |
| Portugal | 0.4 | 0.2 | 0.5 | 0.6 | 14.5% |
| Colombia | 0.1 | 0.4 | 0.3 | 0.5 | 71.0% |
| Croatia | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Bulgaria | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 3.8 | 6.4 | 7.6 | 7.6 | 26.0% |
| Total | 30.8 | 36.5 | 47.9 | 55.2 | 21.5% |
Top Export Markets for Bicycle Tire from Italy in 2022:
- France (399.8K units)
- Netherlands (271.6K units)
- Germany (232.4K units)
- Spain (230.7K units)
- United Kingdom (155.7K units)
- Belgium (81.3K units)
- Switzerland (80.4K units)
- Poland (55.8K units)
- Croatia (46.2K units)
- Colombia (38.1K units)
- Portugal (32.6K units)
- Bulgaria (29.9K units)
564
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Italy.
331
This report provides an in-depth analysis of the aircraft tyre market in Italy.
724
This report provides an in-depth analysis of the tyre market in Italy.
581
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Italy.
696
This report provides an in-depth analysis of the market for truck and bus tyre in Italy.
588
This report provides an in-depth analysis of the passenger car tyre market in Italy.
271
This report provides an in-depth analysis of the soap market in Italy.
500
This report provides an in-depth analysis of the wood fuel market in Italy.
450
This report provides an in-depth analysis of the soap in bars market in Italy.
396
This report provides an in-depth analysis of the skim milk market in Italy.
96
Wood Fuel imports peaked at 3.3M cubic meters before declining significantly the next year. The value of wood fuel imports also decreased to $60M in 2023.
163
During the analyzed period, Wood Fuel imports reached their highest point in October 2022, totaling 452K cubic meters. From November 2022 to September 2023, imports remained relatively lower. In terms of value, Wood Fuel imports surged to $5.4M in September 2023.
113
In April 2023, Skim Milk imports surged by 30% month-to-month, reaching $11M in value by November 2023.
156
Roundwood imports reached a peak of 654K cubic meters in October 2022, but failed to regain momentum from November 2022 to September 2023. In terms of value, imports surged to $27M in September 2023.
1220
China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported X million units of tyres for motorcycles or bicycles totaling X million USD, X% over the previous year. Its primary trading partner was Nigeria, where
477
The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
2371
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
99
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
963
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
1064
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
