Bicycle Tire Price in Germany - 2023
Contents:
- Bicycle Tire Price in Germany (FOB) - 2023
- Bicycle Tire Price in Germany (CIF) - 2023
- Bicycle Tire Exports in Germany
- Bicycle Tire Imports in Germany
Bicycle Tire Price in Germany (FOB) - 2023
The average bicycle tire export price stood at $18.2 per unit in August 2023, waning by -22.5% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average export price increased by 23% m-o-m. The export price peaked at $24.1 per unit in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($48.5 per unit), while the average price for exports to Vietnam ($6.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Price in Germany (CIF) - 2023
The average bicycle tire import price stood at $12.0 per unit in August 2023, increasing by 1.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in November 2022 an increase of 18% m-o-m. Over the period under review, average import prices reached the peak figure in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($20.6 per unit), while the price for India ($6.6 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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Exports in Germany
Bicycle tire exports from Germany expanded to 11M units in 2022, growing by 4.6% on the previous year. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, the exports attained the maximum at 14M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bicycle tire exports reached $207M in 2022. The total export value increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Bicycle Tire in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.0 | 13.0 | 16.8 | 17.0 | 15.6% |
| Austria | 9.8 | 10.4 | 13.9 | 16.4 | 18.7% |
| Poland | 9.1 | 9.0 | 13.9 | 15.4 | 19.2% |
| Netherlands | 10.3 | 13.1 | 13.8 | 13.2 | 8.6% |
| Italy | 9.4 | 9.9 | 11.8 | 12.5 | 10.0% |
| Denmark | 7.1 | 8.8 | 9.7 | 11.6 | 17.8% |
| Switzerland | 8.3 | 9.2 | 9.6 | 11.0 | 9.8% |
| Spain | 5.2 | 6.5 | 6.9 | 10.8 | 27.6% |
| Bulgaria | 5.4 | 5.1 | 8.7 | 10.2 | 23.6% |
| Czech Republic | 6.5 | 6.4 | 8.8 | 8.9 | 11.0% |
| Hungary | 4.1 | 4.7 | 7.0 | 7.4 | 21.8% |
| Portugal | 2.2 | 2.2 | 2.7 | 4.8 | 29.7% |
| Lithuania | 2.9 | 2.0 | 3.7 | 2.8 | -1.2% |
| Others | 48.1 | 57.6 | 55.3 | 65.3 | 10.7% |
| Total | 139 | 158 | 183 | 207 | 14.2% |
Top Export Markets for Bicycle Tire from Germany in 2022:
- Poland (1590.9K units)
- Bulgaria (1122.0K units)
- Austria (1049.5K units)
- Hungary (813.7K units)
- Czech Republic (728.8K units)
- France (639.5K units)
- Netherlands (579.0K units)
- Italy (482.0K units)
- Spain (465.8K units)
- Switzerland (454.3K units)
- Denmark (447.8K units)
- Portugal (397.3K units)
- Lithuania (375.9K units)
Bicycle Tire Imports in Germany
In 2022, imports of new pneumatic tyres for bicycles into Germany surged to 19M units, picking up by 19% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, bicycle tire imports surged to $169M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Bicycle Tire in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 18.3 | 17.8 | 32.0 | 39.6 | 29.3% |
| Vietnam | 14.3 | 15.5 | 26.4 | 37.4 | 37.8% |
| China | 19.8 | 17.4 | 24.3 | 28.4 | 12.8% |
| Taiwan (Chinese) | 7.3 | 8.7 | 17.1 | 20.1 | 40.2% |
| India | 8.7 | 7.7 | 11.3 | 15.6 | 21.5% |
| Netherlands | 5.3 | 4.9 | 4.1 | 6.0 | 4.2% |
| Thailand | 3.8 | 2.5 | 3.6 | 4.0 | 1.7% |
| Others | 7.6 | 11.8 | 15.7 | 17.9 | 33.0% |
| Total | 85.1 | 86.3 | 135 | 169 | 25.7% |
Top Suppliers of Bicycle Tire to Germany in 2022:
- Vietnam (5.9M units)
- Indonesia (4.4M units)
- China (3.2M units)
- India (2.3M units)
- Taiwan (Chinese) (1.2M units)
- Thailand (0.4M units)
- Netherlands (0.3M units)
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