Bicycle Tire Price in Ireland - 2023
Contents:
- Bicycle Tire Price in Ireland (CIF) - 2023
- Bicycle Tire Price in Ireland (FOB) - 2022
- Bicycle Tire Imports in Ireland
- Bicycle Tire Exports in Ireland
Bicycle Tire Price in Ireland (CIF) - 2023
The average bicycle tire import price stood at $18.5 per unit in August 2023, which is down by -19.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in September 2022 an increase of 35% against the previous month. The import price peaked at $24.3 per unit in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($27.9 per unit), while the price for China ($10.1 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 Taiwan (Chinese) (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Ireland (FOB) - 2022
The average bicycle tire export price stood at $16 per unit in 2022, surging by 15% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 90%. As a result, the export price attained the peak level of $19 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($17 per unit), while the average price for exports to Malaysia ($6.9 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+19.5%).
Bicycle Tire Imports in Ireland
In 2022, supplies from abroad of new pneumatic tyres for bicycles decreased by -36.4% to 98K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 225K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bicycle tire imports dropped markedly to $1.9M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44%. Imports peaked at $2.6M in 2021, and then contracted sharply in the following year.
| Import of Bicycle Tire in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 547 | 1,018 | 722 | 574 | 1.6% |
| Germany | 248 | 419 | 268 | 240 | -1.1% |
| China | 60.2 | 76.7 | 258 | 202 | 49.7% |
| Indonesia | 18.9 | N/A | 234 | 165 | 105.9% |
| Vietnam | 26.7 | N/A | 162 | 147 | 76.6% |
| Thailand | 17.2 | N/A | 171 | 136 | 99.2% |
| Taiwan (Chinese) | 17.6 | 0.8 | 234 | 123 | 91.2% |
| France | 69.9 | 108 | 68.6 | 104 | 14.2% |
| Italy | 136 | 106 | 331 | 15.1 | -51.9% |
| Sri Lanka | 39.0 | N/A | 7.2 | N/A | -57.0% |
| Others | 116 | 138 | 132 | 184 | 16.6% |
| Total | 1,297 | 1,867 | 2,589 | 1,891 | 13.4% |
Top Suppliers of Bicycle Tire to Ireland in 2022:
- United Kingdom (25.0K units)
- China (19.8K units)
- Germany (9.7K units)
- Taiwan (Chinese) (9.4K units)
- Vietnam (8.3K units)
- Indonesia (6.4K units)
- France (5.8K units)
- Thailand (5.2K units)
- Italy (0.6K units)
Bicycle Tire Exports in Ireland
In 2022, bicycle tire exports from Ireland rose rapidly to 841 units, picking up by 11% on the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 441% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, bicycle tire exports surged to $13K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 925%. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 5.6 | 0% |
| United Kingdom | 0.5 | 3.0 | 7.8 | 5.2 | 118.3% |
| Turkey | N/A | N/A | N/A | 1.9 | 0% |
| Malaysia | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 2.1 | 2.7 | 0.6 | -46.5% |
| Total | 0.5 | 5.1 | 10.5 | 13.4 | 199.3% |
Top Export Markets for Bicycle Tire from Ireland in 2022:
- Mexico (330.0 units)
- United Kingdom (327.0 units)
- Turkey (117.0 units)
- Malaysia (28.0 units)
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