Bicycle Tire Price in Uzbekistan - 2023
Contents:
- Bicycle Tire Price in Uzbekistan (CIF) - 2023
- Bicycle Tire Price in Uzbekistan (FOB) - 2022
- Bicycle Tire Imports in Uzbekistan
- Bicycle Tire Exports in Uzbekistan
Bicycle Tire Price in Uzbekistan (CIF) - 2023
The average bicycle tire import price stood at $1.6 per unit in May 2023, rising by 9.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 21% month-to-month. The import price peaked in May 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1.7 per unit), while the price for Sri Lanka amounted to $1.0 per unit.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Uzbekistan (FOB) - 2022
The average bicycle tire export price stood at $0.3 per unit in 2022, dropping by -57.6% against the previous year. In general, the export price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the maximum at $0.8 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2012 to 2022, the rate of growth in terms of prices for Tajikistan amounted to +1,409.8% per year.
Bicycle Tire Imports in Uzbekistan
In 2022, imports of new pneumatic tyres for bicycles into Uzbekistan skyrocketed to 2.3M units, jumping by 46% compared with the year before. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 97%. As a result, imports attained the peak of 2.5M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bicycle tire imports surged to $3.2M in 2022. In general, imports showed strong growth. The growth pace was the most rapid in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Bicycle Tire in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 4.8 | 2.5 | 3.1 | 13.9% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 2.2 | 5.0 | 2.7 | 3.2 | 13.3% |
Top Suppliers of Bicycle Tire to Uzbekistan in 2022:
- China (2.1M units)
- India (0.1M units)
Bicycle Tire Exports in Uzbekistan
In 2022, bicycle tire exports from Uzbekistan soared to 27K units, jumping by 56% against the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 662%. As a result, the exports attained the peak of 96K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, bicycle tire exports declined remarkably to $8K in 2022. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 581% against the previous year. As a result, the exports reached the peak of $65K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Bicycle Tire in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 9.5 | 51.0 | 7.5 | 8.0 | -5.6% |
| Tajikistan | N/A | 13.6 | 4.5 | N/A | -66.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.5 | 64.6 | 12.0 | 8.0 | -5.6% |
Top Export Markets for Bicycle Tire from Uzbekistan in 2022:
- Kyrgyzstan (26.6K units)
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