Bicycle Tire Price in Bahrain - 2022
Contents:
- Bicycle Tire Price in Bahrain (CIF) - 2022
- Bicycle Tire Price in Bahrain (FOB) - 2022
- Bicycle Tire Imports in Bahrain
- Bicycle Tire Exports in Bahrain
Bicycle Tire Price in Bahrain (CIF) - 2022
The average bicycle tire import price stood at $2.3 per unit in 2022, which is down by -9.7% against the previous year. Overall, the import price, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 an increase of 242% against the previous year. As a result, import price reached the peak level of $5.9 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
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 ($15 per unit), while the price for Sri Lanka ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Bicycle Tire Price in Bahrain (FOB) - 2022
In 2021, the average bicycle tire export price amounted to $5.9 per unit, rising by 81% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The export price peaked at $16 per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($0.9 per unit), while the average price for exports to Brunei Darussalam amounted to $0.9 per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+20.1%), while the prices for the other major destinations experienced mixed trend patterns.
Bicycle Tire Imports in Bahrain
In 2022, purchases abroad of new pneumatic tyres for bicycles decreased by -43% to 20K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of 36K units, and then dropped rapidly in the following year.
In value terms, bicycle tire imports shrank rapidly to $48K in 2022. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. Imports peaked at $93K in 2021, and then contracted rapidly in the following year.
| Import of Bicycle Tire in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.0 | 4.8 | 2.6 | 10.4 | 118.3% |
| India | 4.3 | 14.9 | 20.0 | 10.1 | 32.9% |
| China | 5.4 | 5.0 | 14.1 | 9.5 | 20.7% |
| Sri Lanka | 0.2 | 0.8 | 9.8 | 9.5 | 262.2% |
| Thailand | 0.2 | 1.2 | 6.9 | 7.7 | 237.7% |
| United Arab Emirates | 5.1 | 9.9 | 5.9 | N/A | 7.6% |
| Others | 11.9 | 26.1 | 33.5 | 0.5 | -65.2% |
| Total | 28.0 | 62.8 | 92.8 | 47.7 | 19.4% |
Top Suppliers of Bicycle Tire to Bahrain in 2022:
- Sri Lanka (6.4K units)
- China (6.1K units)
- India (4.5K units)
- Taiwan (Chinese) (2.9K units)
- Thailand (0.5K units)
Bicycle Tire Exports in Bahrain
In 2021, exports of new pneumatic tyres for bicycles from Bahrain soared to 352 units, rising by 1,430% against 2020 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports soared to $2.1K in 2021. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Brunei Darussalam | N/A | N/A | 137 | 0% | |
| Pakistan | N/A | 75.0 | 43.0 | -42.7% | |
| Oman | 869 | N/A | N/A | 0% | |
| Others | N/A | N/A | 1,893 | 0% | |
| Total | 869 | 75.0 | 2,073 | 54.5% | |
Top Export Markets for Bicycle Tire from Bahrain in 2022:
- Brunei Darussalam (150.0 units)
- Pakistan (47.0 units)
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