Bicycle Tire Price in Austria - 2023
Contents:
- Bicycle Tire Price in Austria (CIF) - 2023
- Bicycle Tire Price in Austria (FOB) - 2022
- Bicycle Tire Imports in Austria
- Bicycle Tire Exports in Austria
Bicycle Tire Price in Austria (CIF) - 2023
The average bicycle tire import price stood at $20.4 per unit in August 2023, with a decrease of -28.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 36% against the previous month. The import price peaked at $28.4 per unit in July 2023, and then dropped remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($28.6 per unit), while the price for Germany ($19.1 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 China (+2.9%), while the prices for the other major suppliers experienced a decline.
Bicycle Tire Price in Austria (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $13 per unit, declining by -2.7% against the previous year. In general, the export price, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 88%. The export price peaked at $17 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($34 per unit), while the average price for exports to Slovakia ($11 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 Switzerland (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Austria
In 2022, overseas purchases of new pneumatic tyres for bicycles increased by 17% to 830K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bicycle tire imports soared to $15M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.2% 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 +82.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Bicycle Tire in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 8.2 | 9.9 | 12.2 | 43.8% |
| Taiwan (Chinese) | 0.3 | 0.4 | 0.9 | 1.2 | 58.7% |
| China | 0.2 | 0.3 | 0.5 | 0.8 | 58.7% |
| Italy | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Vietnam | 0.1 | N/A | 0.5 | 0.2 | 26.0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Indonesia | 3.4 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.5 | 0.5 | 0.5 | 18.6% |
| Total | 8.4 | 9.4 | 12.5 | 15.3 | 22.1% |
Top Suppliers of Bicycle Tire to Austria in 2022:
- Germany (610.8K units)
- China (85.6K units)
- Taiwan (Chinese) (54.2K units)
- Vietnam (18.4K units)
- Poland (13.7K units)
- Italy (12.6K units)
- Indonesia (0.4K units)
Bicycle Tire Exports in Austria
For the fourth year in a row, Austria recorded growth in overseas shipments of new pneumatic tyres for bicycles, which increased by 25% to 152K units in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 120%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, bicycle tire exports skyrocketed to $2M in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Bicycle Tire in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 11.7 | 361 | 921 | 1,479 | 401.9% |
| Germany | 163 | 186 | 229 | 215 | 9.7% |
| Netherlands | 6.2 | 1.2 | 5.4 | 97.4 | 150.5% |
| Italy | 121 | 79.9 | 61.9 | 38.6 | -31.7% |
| Spain | 59.1 | 60.9 | 16.3 | 15.9 | -35.4% |
| Taiwan (Chinese) | 42.6 | 30.0 | 3.9 | 5.9 | -48.3% |
| Croatia | 15.2 | 17.1 | 14.1 | 5.2 | -30.1% |
| Others | 166 | 184 | 392 | 143 | -4.8% |
| Total | 584 | 920 | 1,644 | 2,001 | 50.8% |
Top Export Markets for Bicycle Tire from Austria in 2022:
- Slovakia (130.3K units)
- Germany (8.9K units)
- Netherlands (2.9K units)
- Italy (1.2K units)
- Croatia (1.0K units)
- Taiwan (Chinese) (0.8K units)
- Spain (0.4K units)
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