Bicycle Tire Price in Greece - 2023
Contents:
- Bicycle Tire Price in Greece (CIF) - 2023
- Bicycle Tire Price in Greece (FOB) - 2022
- Bicycle Tire Imports in Greece
- Bicycle Tire Exports in Greece
Bicycle Tire Price in Greece (CIF) - 2023
The average bicycle tire import price stood at $7.4 per unit in August 2023, with an increase of 78% against the previous month. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in December 2022 when the average import price increased by 540% against the previous month. As a result, import price attained the peak level of $44.8 per unit. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($29.1 per unit), while the price for Sri Lanka ($970 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Greece (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $2.9 per unit, increasing by 4.1% against the previous year. Over the period under review, the export price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the maximum at $4.9 per unit in 2017; however, from 2018 to 2022, the export prices stood 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 the Netherlands ($6.7 per unit), while the average price for exports to Estonia ($0.3 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 Albania (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Bicycle Tire Imports in Greece
In 2022, the amount of new pneumatic tyres for bicycles imported into Greece shrank markedly to 473K units, waning by -39% compared with the previous year's figure. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked at 955K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, bicycle tire imports declined remarkably to $2.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of $3.3M, and then declined markedly in the following year.
| Import of Bicycle Tire in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 528 | 685 | 1,282 | 703 | 10.0% |
| Vietnam | 589 | 919 | 726 | 611 | 1.2% |
| Germany | 325 | 359 | 582 | 528 | 17.6% |
| India | 136 | 99.6 | 240 | 126 | -2.5% |
| Sri Lanka | 52.4 | 27.0 | 65.8 | 104 | 25.7% |
| Others | 193 | 346 | 415 | 299 | 15.7% |
| Total | 1,824 | 2,436 | 3,311 | 2,371 | 9.1% |
Top Suppliers of Bicycle Tire to Greece in 2022:
- China (184.7K units)
- Vietnam (158.5K units)
- Sri Lanka (49.3K units)
- India (38.5K units)
- Germany (23.4K units)
Bicycle Tire Exports in Greece
Bicycle tire exports from Greece surged to 33K units in 2022, jumping by 109% against the previous year. Overall, exports, however, recorded a abrupt contraction. The exports peaked at 42K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bicycle tire exports soared to $96K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 55.1 | 0% |
| Cyprus | 24.5 | 9.8 | 17.7 | 17.2 | -11.1% |
| Albania | 42.4 | 15.2 | 7.5 | 12.3 | -33.8% |
| France | N/A | N/A | N/A | 3.6 | 0% |
| Tunisia | N/A | N/A | N/A | 2.3 | 0% |
| Estonia | N/A | N/A | N/A | 1.0 | 0% |
| Hungary | N/A | N/A | N/A | 0.6 | 0% |
| Slovakia | N/A | N/A | 3.8 | N/A | 0% |
| Slovenia | 5.4 | N/A | N/A | N/A | 0% |
| Romania | 15.7 | N/A | N/A | N/A | 0% |
| Others | 7.2 | 12.0 | 15.0 | 3.3 | -22.9% |
| Total | 95.3 | 37.0 | 43.9 | 95.6 | 0.1% |
Top Export Markets for Bicycle Tire from Greece in 2022:
- Albania (13.9K units)
- Netherlands (8.2K units)
- Cyprus (4.7K units)
- Estonia (3.0K units)
- Hungary (0.9K units)
- Tunisia (0.7K units)
- France (0.6K units)
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