Bicycle Tire Price in Algeria - 2022
Contents:
Bicycle Tire Price in Algeria (CIF) - 2022
The average bicycle tire import price stood at $4.9 per unit in 2022, waning by -2.6% against the previous year. Overall, the import price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 126% against the previous year. The import price peaked at $6.1 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($7.6 per unit), while the price for China stood at $4.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.0%).
Bicycle Tire Imports in Algeria
Bicycle tire imports into Algeria stood at 288K units in 2022, surging by 14% on 2021 figures. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of 345K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bicycle tire imports rose remarkably to $1.4M in 2022. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $1.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bicycle Tire in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,428 | 1,124 | 1,062 | 1,079 | -8.9% |
| Thailand | 254 | 330 | 167 | 289 | 4.4% |
| Spain | N/A | 78.3 | N/A | N/A | 0% |
| India | 18.0 | 5.3 | 17.1 | N/A | -2.5% |
| Others | 9.3 | 13.9 | 16.9 | 40.0 | 62.6% |
| Total | 1,709 | 1,551 | 1,263 | 1,407 | -6.3% |
Top Suppliers of Bicycle Tire to Algeria in 2022:
- China (247.1K units)
- Thailand (38.1K units)
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