Bicycle Tire Price in Jordan - 2022
Contents:
- Bicycle Tire Price in Jordan (CIF) - 2022
- Bicycle Tire Price in Jordan (FOB) - 2022
- Bicycle Tire Imports in Jordan
- Bicycle Tire Exports in Jordan
Bicycle Tire Price in Jordan (CIF) - 2022
In 2022, the average bicycle tire import price amounted to $7.6 per unit, picking up by 30% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($7.6 per unit), while the price for China ($7.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Jordan (FOB) - 2022
The average bicycle tire export price stood at $8.6 per unit in 2022, rising by 18% against the previous year. In general, the export price enjoyed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.
From 2013 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.
Bicycle Tire Imports in Jordan
In 2022, supplies from abroad of new pneumatic tyres for bicycles decreased by -57.1% to 29K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 134%. As a result, imports reached the peak of 69K units, and then shrank sharply in the following year.
In value terms, bicycle tire imports dropped dramatically to $223K in 2022. Overall, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 99%. As a result, imports attained the peak of $401K, and then contracted remarkably in the following year.
| Import of Bicycle Tire in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.4 | 69.0 | 77.7 | 110 | 18.3% |
| Sri Lanka | 5.5 | 4.7 | 6.6 | 59.1 | 120.7% |
| India | 27.2 | 66.3 | 181 | 54.0 | 25.7% |
| Thailand | 6.8 | 13.2 | 25.0 | N/A | 91.7% |
| United Arab Emirates | 11.2 | 4.2 | 4.7 | N/A | -35.2% |
| Taiwan (Chinese) | 1.6 | 1.8 | 2.0 | N/A | 11.8% |
| Pakistan | 8.1 | 33.5 | 80.7 | N/A | 215.6% |
| Others | 3.0 | 9.6 | 23.1 | N/A | 177.5% |
| Total | 130 | 202 | 401 | 223 | 19.7% |
Top Suppliers of Bicycle Tire to Jordan in 2022:
- China (14.5K units)
- Sri Lanka (7.8K units)
- India (7.1K units)
Bicycle Tire Exports in Jordan
In 2022, bicycle tire exports from Jordan rose sharply to 8.2K units, growing by 13% against the previous year. The total export volume increased at an average annual rate of +12.7% from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports surged to $70K in 2022. The total export value increased at an average annual rate of +32.8% over the period from 2021 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Syrian Arab Republic | N/A | 70.4 | 0% | ||
| Cote d'Ivoire | 12.5 | N/A | 0% | ||
| Canada | 40.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 53.0 | 70.4 | 32.8% | ||
Top Export Markets for Bicycle Tire from Jordan in 2022:
- Syrian Arab Republic (8.2K units)
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