Bicycle Tire Price in Sweden - 2023
Contents:
- Bicycle Tire Price in Sweden (CIF) - 2023
- Bicycle Tire Price in Sweden (FOB) - 2022
- Bicycle Tire Imports in Sweden
- Bicycle Tire Exports in Sweden
Bicycle Tire Price in Sweden (CIF) - 2023
In August 2023, the average bicycle tire import price amounted to $12.2 per unit, surging by 21% against the previous month. Overall, import price indicated pronounced growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bicycle tire import price increased by +21.0% against July 2023 indices. The growth pace was the most rapid in September 2022 an increase of 59% month-to-month. Over the period under review, average import prices hit record highs at $14.5 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($44.6 per unit), while the price for Sri Lanka ($4.1 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 Denmark (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Sweden (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $14 per unit, reducing by -12.9% against the previous year. Over the period under review, the export price, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the maximum at $16 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($27 per unit), while the average price for exports to Poland ($5.4 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 Poland (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Sweden
In 2022, purchases abroad of new pneumatic tyres for bicycles was finally on the rise to reach 1M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bicycle tire imports skyrocketed to $10M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Bicycle Tire in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 2.9 | 3.0 | 4.4 | 14.9% |
Denmark | 0.8 | 0.1 | 0.4 | 2.0 | 35.7% |
Germany | 3.8 | 1.3 | 1.4 | 1.3 | -30.1% |
Netherlands | 0.9 | 0.7 | 0.9 | 0.7 | -8.0% |
Italy | 0.1 | 0.1 | 0.4 | 0.4 | 58.7% |
Taiwan (Chinese) | 0.1 | 0.1 | 0.4 | 0.4 | 58.7% |
Sri Lanka | N/A | N/A | 0.4 | 0.4 | 0.0% |
Others | 0.6 | 0.7 | 0.9 | 0.8 | 10.1% |
Total | 9.3 | 6.0 | 7.6 | 10.5 | 4.1% |
Top Suppliers of Bicycle Tire to Sweden in 2022:
- China (658.8K units)
- Denmark (95.2K units)
- Germany (94.9K units)
- Sri Lanka (64.0K units)
- Netherlands (32.6K units)
- Italy (15.6K units)
- Taiwan (Chinese) (15.4K units)
Bicycle Tire Exports in Sweden
After two years of decline, shipments abroad of new pneumatic tyres for bicycles increased by 7.2% to 101K units in 2022. In general, exports, however, showed a precipitous shrinkage. The exports peaked at 368K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bicycle tire exports shrank to $1.4M in 2022. Overall, exports, however, faced a dramatic contraction. The smallest decline of -1% was in 2021. The exports peaked at $3.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Bicycle Tire in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 2,639 | 792 | 760 | 798 | -32.9% |
Denmark | 551 | 401 | 305 | 309 | -17.5% |
Norway | 106 | 277 | 406 | 281 | 38.4% |
Poland | 4.4 | 2.7 | 8.4 | 9.2 | 27.9% |
Austria | 552 | 47.6 | 28.9 | 5.1 | -79.0% |
Others | 21.4 | 9.0 | 4.4 | 11.1 | -19.7% |
Total | 3,873 | 1,529 | 1,513 | 1,413 | -28.5% |
Top Export Markets for Bicycle Tire from Sweden in 2022:
- Finland (47.7K units)
- Denmark (39.2K units)
- Norway (10.4K units)
- Poland (1.7K units)
- Austria (0.1K units)
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Sweden.
This report provides an in-depth analysis of the aircraft tyre market in Sweden.
This report provides an in-depth analysis of the tyre market in Sweden.
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Sweden.
This report provides an in-depth analysis of the market for truck and bus tyre in Sweden.
This report provides an in-depth analysis of the passenger car tyre market in Sweden.
This report provides an in-depth analysis of the soap market in Sweden.
This report provides an in-depth analysis of the wood fuel market in Sweden.
This report provides an in-depth analysis of the soap in bars market in Sweden.
This report provides an in-depth analysis of the skim milk market in Sweden.
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
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.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
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.
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...
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...
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...