Bicycle Tire Price in Switzerland - 2023
Contents:
- Bicycle Tire Price in Switzerland (CIF) - 2023
- Bicycle Tire Price in Switzerland (FOB) - 2022
- Bicycle Tire Imports in Switzerland
- Bicycle Tire Exports in Switzerland
Bicycle Tire Price in Switzerland (CIF) - 2023
The average bicycle tire import price stood at $18.4 per unit in September 2023, which is down by -2.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2023 an increase of 33% against the previous month. As a result, import price attained the peak level of $20.8 per unit. From April 2023 to September 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 September 2023, the country with the highest price was Taiwan (Chinese) ($27.0 per unit), while the price for the Czech Republic ($3.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Switzerland (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $8.2 per unit, which is down by -49.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 91%. The export price peaked at $20 per unit in 2012; however, from 2013 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 United States ($32 per unit), while the average price for exports to Poland ($5.6 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 Belgium (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Switzerland
For the fourth year in a row, Switzerland recorded growth in supplies from abroad of new pneumatic tyres for bicycles, which increased by 17% to 1.6M units in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, bicycle tire imports soared to $25M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +84.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Bicycle Tire in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.7 | 4.5 | 6.3 | 6.7 | 21.9% |
| Vietnam | 1.8 | 1.8 | 2.5 | 3.7 | 27.1% |
| Germany | 2.7 | 3.0 | 2.9 | 3.6 | 10.1% |
| Taiwan (Chinese) | 1.3 | 2.4 | 2.8 | 2.9 | 30.7% |
| Thailand | 1.1 | 1.4 | 1.7 | 2.7 | 34.9% |
| China | 1.1 | 1.4 | 1.5 | 2.2 | 26.0% |
| India | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Czech Republic | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 1.1 | 1.6 | 1.4 | 2.0 | 22.1% |
| Total | 13.3 | 16.7 | 19.8 | 24.5 | 22.6% |
Top Suppliers of Bicycle Tire to Switzerland in 2022:
- Indonesia (452.8K units)
- Vietnam (326.2K units)
- Germany (166.0K units)
- Thailand (160.3K units)
- China (148.2K units)
- Taiwan (Chinese) (127.2K units)
- Czech Republic (56.3K units)
- India (44.0K units)
Bicycle Tire Exports in Switzerland
Bicycle tire exports from Switzerland skyrocketed to 27K units in 2022, with an increase of 103% against 2021 figures. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports rose slightly to $221K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 65%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 68.0 | 93.0 | 92.5 | 129 | 23.8% |
| Netherlands | 3.2 | 3.9 | 53.2 | 33.5 | 118.8% |
| Poland | 21.9 | 6.5 | N/A | 22.4 | 0.8% |
| United States | N/A | 2.0 | 10.0 | 18.7 | 205.8% |
| Belgium | N/A | 6.9 | 32.2 | 6.9 | 0.0% |
| Others | 7.0 | 18.6 | 27.4 | 10.7 | 15.2% |
| Total | 100 | 131 | 215 | 221 | 30.3% |
Top Export Markets for Bicycle Tire from Switzerland in 2022:
- Germany (20.2K units)
- Poland (4.0K units)
- Netherlands (1.2K units)
- United States (0.6K units)
- Belgium (0.5K units)
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