Bicycle Tire Price in the Netherlands - 2023
Contents:
- Bicycle Tire Price in the Netherlands (CIF) - 2022
- Bicycle Tire Price in the Netherlands (FOB) - 2023
- Bicycle Tire Imports in the Netherlands
- Bicycle Tire Exports in the Netherlands
Bicycle Tire Price in the Netherlands (CIF) - 2022
The average bicycle tire import price stood at $8.7 per unit in 2022, waning by -13.6% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 an increase of 66%. The import price peaked at $10 per unit in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($31 per unit), while the price for Sri Lanka ($5.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in the Netherlands (FOB) - 2023
In August 2023, the average bicycle tire export price amounted to $11.8 per unit, growing by 38% against the previous month. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in September 2022 when the average export price increased by 197% month-to-month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($26.2 per unit), while the average price for exports to France ($11.0 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 Belgium (+31.3%), while the prices for the other major destinations experienced mixed trend patterns.
Bicycle Tire Imports in the Netherlands
Bicycle tire imports into the Netherlands skyrocketed to 18M units in 2022, with an increase of 59% compared with the previous year. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire imports surged to $153M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 63%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Bicycle Tire in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 6.9 | 37.1 | 41.5 | 46.7 | 89.2% |
Vietnam | 10.6 | 20.8 | 24.8 | 36.3 | 50.7% |
Taiwan (Chinese) | 3.6 | 4.2 | 6.2 | 17.5 | 69.4% |
China | 6.5 | 6.2 | 9.1 | 15.2 | 32.7% |
Germany | 13.1 | 12.2 | 8.6 | 13.5 | 1.0% |
Thailand | 3.3 | 4.7 | 5.0 | 8.2 | 35.4% |
Italy | 2.2 | 3.0 | 4.0 | 7.9 | 53.1% |
India | 1.7 | 1.0 | 2.4 | 3.9 | 31.9% |
Belgium | 6.0 | 4.3 | 6.0 | 0.3 | -63.2% |
Others | 4.8 | 2.2 | 3.4 | 3.4 | -10.9% |
Total | 58.8 | 95.7 | 111 | 153 | 37.5% |
Top Suppliers of Bicycle Tire to the Netherlands in 2022:
- Belgium (undefinedM units)
- Vietnam (5.9M units)
- Indonesia (5.0M units)
- China (2.7M units)
- Taiwan (Chinese) (1.0M units)
- Germany (1.0M units)
- Italy (0.8M units)
- India (0.6M units)
- Thailand (0.3M units)
Bicycle Tire Exports in the Netherlands
In 2022, the amount of new pneumatic tyres for bicycles exported from the Netherlands soared to 11M units, rising by 54% compared with 2021. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 166%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports amounted to $98M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 209%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
Export of Bicycle Tire in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.4 | 49.9 | 58.6 | 67.0 | 170.1% |
Belgium | 8.7 | 10.6 | 12.0 | 13.5 | 15.8% |
France | 2.1 | 2.1 | 3.5 | 3.5 | 18.6% |
Others | 8.7 | 8.2 | 11.4 | 14.1 | 17.5% |
Total | 22.9 | 70.8 | 85.6 | 98.1 | 62.4% |
Top Export Markets for Bicycle Tire from the Netherlands in 2022:
- Germany (8.9M units)
- Belgium (1.1M units)
- France (0.2M units)
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In January 2023, the passenger car tyre price amounted to $58.7 per unit (CIF, Netherlands), declining by -2.9% against the previous month.
In June 2023, the price of Wood Fuel was $140 per cubic meter (CIF, Netherlands), showing a 2.2% increase compared to the previous month.
Skim Milk imports reached a peak of 163K tons in 2013 but failed to regain momentum from 2014 to 2023. In terms of value, Skim Milk imports amounted to $136M in 2023.
In January 2023, the skim milk price amounted to $1,124 per ton (CIF, Netherlands), waning by -13.3% against the previous month.
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.
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