Bicycle Tire Price in Poland - 2023

Contents:

  1. Bicycle Tire Price in Poland (CIF) - 2023
  2. Bicycle Tire Price in Poland (FOB) - 2023
  3. Bicycle Tire Imports in Poland
  4. Bicycle Tire Exports in Poland

Bicycle Tire Price in Poland (CIF) - 2023

The average bicycle tire import price stood at $10.0 per unit in August 2023, rising by 11% against the previous month. Overall, import price indicated a temperate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bicycle tire import price increased by +45.3% against May 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 41% m-o-m. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($19.2 per unit), while the price for India ($3.3 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 Germany (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Bicycle Tire Price in Poland (FOB) - 2023

In August 2023, the average bicycle tire export price amounted to $29.0 per unit, jumping by 154% against the previous month. Over the period under review, the export price recorded a slight expansion. The export price peaked at $29.1 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Armenia ($51.4 per unit), while the average price for exports to Romania ($6.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Tire Imports in Poland

In 2022, approx. 5.8M units of new pneumatic tyres for bicycles were imported into Poland; rising by 20% against 2021 figures. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, bicycle tire imports surged to $35M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Bicycle Tire in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.08.09.014.493.1%
China5.03.56.68.519.3%
Thailand2.50.72.33.17.4%
Czech Republic2.22.93.52.99.6%
India0.40.50.91.244.2%
France0.10.71.71.1122.4%
Indonesia1.80.40.70.8-23.7%
Vietnam2.60.30.70.5-42.3%
Others2.02.83.32.811.9%
Total18.619.728.935.423.9%

Top Suppliers of Bicycle Tire to Poland in 2022:

  1. Germany (1861.4K units)
  2. China (1747.4K units)
  3. Thailand (830.3K units)
  4. Czech Republic (538.4K units)
  5. India (235.6K units)
  6. Indonesia (168.2K units)
  7. France (125.2K units)
  8. Vietnam (107.2K units)

Bicycle Tire Exports in Poland

In 2022, overseas shipments of new pneumatic tyres for bicycles decreased by -15.2% to 121K units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. As a result, the exports reached the peak of 153K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, bicycle tire exports declined notably to $2.2M in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 103% against the previous year. Over the period under review, the exports hit record highs at $3.1M in 2021, and then shrank sharply in the following year.

Export of Bicycle Tire in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4179831,11771319.6%
Czech Republic15423544034130.3%
Ukraine27.694.894.116079.6%
Lithuania67.976.915811719.9%
France14.153.7102113100.1%
Austria52.915819799.923.6%
Estonia33.955.997.694.040.5%
Slovakia36.046.117.482.131.6%
United Kingdom25.713345.562.934.8%
Belarus59.153.141.259.90.4%
Latvia19.621.131.443.730.6%
Russia30.119627941.211.0%
RomaniaN/AN/A0.215.97850.0%
Others279356530223-7.2%
Total1,2162,4633,1502,16721.2%

Top Export Markets for Bicycle Tire from Poland in 2022:

  1. Germany (45.3K units)
  2. Czech Republic (20.9K units)
  3. Slovakia (8.9K units)
  4. Lithuania (5.9K units)
  5. Ukraine (5.3K units)
  6. Belarus (4.8K units)
  7. Russia (3.9K units)
  8. France (3.7K units)
  9. Austria (3.6K units)
  10. Estonia (2.9K units)
  11. United Kingdom (2.5K units)
  12. Latvia (2.5K units)
  13. Romania (2.3K units)

Source: IndexBox Market Intelligence Platform

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