Bicycle Tire Price in Qatar - 2022
Contents:
Bicycle Tire Price in Qatar (CIF) - 2022
The average bicycle tire import price stood at $1.9 per unit in 2022, with a decrease of -5.1% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 4,352%. As a result, import price attained the peak level of $145 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Sri Lanka.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +10.2% per year.
Bicycle Tire Imports in Qatar
In 2022, the amount of new pneumatic tyres for bicycles imported into Qatar shrank significantly to 15K units, waning by -20.9% against the previous year. In general, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports reached the maximum at 31K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bicycle tire imports reduced notably to $28K in 2022. Overall, imports saw a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. Imports peaked at $134K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bicycle Tire in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 61.1 | 17.4 | 37.1 | 27.8 | -23.1% |
| Thailand | 14.5 | N/A | N/A | N/A | 0% |
| India | N/A | 16.1 | N/A | N/A | 0% |
| Indonesia | 58.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 134 | 33.5 | 37.1 | 27.8 | -40.8% |
Top Suppliers of Bicycle Tire to Qatar in 2022:
- Sri Lanka (14.6K units)
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