Bicycle Tire Price in Colombia - 2022
Contents:
- Bicycle Tire Price in Colombia (CIF) - 2022
- Bicycle Tire Price in Colombia (FOB) - 2022
- Bicycle Tire Imports in Colombia
- Bicycle Tire Exports in Colombia
Bicycle Tire Price in Colombia (CIF) - 2022
The average bicycle tire import price stood at $2.5 per unit in February 2022, dropping by -13.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 an increase of 55% m-o-m. Over the period under review, average import prices attained the maximum at $4.4 per unit in May 2021; however, from June 2021 to February 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Vietnam ($8.0 per unit), while the price for China ($2.1 per unit) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.5%), while the prices for the other major suppliers experienced a decline.
Bicycle Tire Price in Colombia (FOB) - 2022
The average bicycle tire export price stood at $3.3 per unit in 2022, remaining stable against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bicycle tire export price increased by +45.0% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 71% against the previous year. As a result, the export price attained the peak level of $4.3 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Barbados ($3.5 per unit), while the average price for exports to Ecuador ($2.8 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 France (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Colombia
In 2022, approx. 4.6M units of new pneumatic tyres for bicycles were imported into Colombia; which is down by -36.8% compared with the previous year. Over the period under review, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of 7.3M units, and then contracted remarkably in the following year.
In value terms, bicycle tire imports fell notably to $13M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +12.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports attained the peak of $18M, and then dropped markedly in the following year.
| Import of Bicycle Tire in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 8.4 | 12.3 | 9.4 | 3.8% |
| Vietnam | 0.3 | 0.5 | 0.7 | 0.9 | 44.2% |
| Indonesia | N/A | 0.2 | 0.4 | 0.7 | 87.1% |
| Others | 2.5 | 2.3 | 4.7 | 1.7 | -12.1% |
| Total | 11.3 | 11.4 | 18.0 | 12.7 | 4.0% |
Top Suppliers of Bicycle Tire to Colombia in 2022:
- China (4.1M units)
- Indonesia (0.2M units)
- Vietnam (0.2M units)
Bicycle Tire Exports in Colombia
In 2022, the amount of new pneumatic tyres for bicycles exported from Colombia surged to 10K units, picking up by 75% against the previous year. Overall, exports, however, showed a significant decrease. The exports peaked at 29K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, bicycle tire exports skyrocketed to $33K in 2022. In general, exports, however, saw a drastic downturn. The exports peaked at $66K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Bicycle Tire in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | 6.6 | 10.8 | 5.2 | 22.8 | 51.2% |
| Ecuador | 42.2 | 53.1 | 12.5 | 8.3 | -41.8% |
| Guatemala | N/A | N/A | N/A | 2.2 | 0% |
| Others | 1.4 | 1.6 | 1.5 | 0.1 | -58.5% |
| Total | 50.2 | 65.6 | 19.3 | 33.4 | -12.7% |
Top Export Markets for Bicycle Tire from Colombia in 2022:
- Barbados (6.5K units)
- Ecuador (3.0K units)
- Guatemala (0.7K units)
466
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Colombia.
363
This report provides an in-depth analysis of the aircraft tyre market in Colombia.
459
This report provides an in-depth analysis of the tyre market in Colombia.
467
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Colombia.
343
This report provides an in-depth analysis of the market for truck and bus tyre in Colombia.
573
This report provides an in-depth analysis of the passenger car tyre market in Colombia.
393
This report provides an in-depth analysis of the soap market in Colombia.
625
This report provides an in-depth analysis of the wood fuel market in Colombia.
478
This report provides an in-depth analysis of the soap in bars market in Colombia.
412
This report provides an in-depth analysis of the skim milk market in Colombia.
1219
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
475
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.
2360
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
96
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.
961
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...
1063
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...
646
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...
797
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...
2300
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 ...
663
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 ...
