Bicycle Tire Price in Denmark - 2023
Contents:
- Bicycle Tire Price in Denmark (CIF) - 2023
- Bicycle Tire Price in Denmark (FOB) - 2022
- Bicycle Tire Imports in Denmark
- Bicycle Tire Exports in Denmark
Bicycle Tire Price in Denmark (CIF) - 2023
In August 2023, the average bicycle tire import price amounted to $23.2 per unit, declining by -8.8% against the previous month. Overall, import price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. 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 +9.3% against March 2023 indices. The growth pace was the most rapid in March 2023 an increase of 53% against the previous month. Over the period under review, average import prices hit record highs at $25.5 per unit in July 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($33.3 per unit), while the price for Thailand ($4.4 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 (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Denmark (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $17 per unit, waning by -26% against the previous year. In general, the export price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices reached the peak figure at $24 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($34 per unit), while the average price for exports to the Netherlands ($4.6 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 Australia (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Denmark
In 2022, approx. 1.1M units of new pneumatic tyres for bicycles were imported into Denmark; with an increase of 7.1% compared with the previous year. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire imports surged to $17M in 2022. The total import value increased at an average annual rate of +14.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Bicycle Tire in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.0 | 8.7 | 7.5 | 7.9 | 4.1% |
| China | 1.2 | 1.4 | 1.8 | 3.7 | 45.5% |
| Vietnam | 0.2 | 0.2 | 1.0 | 2.4 | 128.9% |
| Netherlands | 0.5 | 1.0 | 1.9 | 0.8 | 17.0% |
| Taiwan (Chinese) | 0.6 | 0.7 | 1.2 | 0.8 | 10.1% |
| France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Sweden | 0.6 | 0.6 | 0.2 | 0.3 | -20.6% |
| Czech Republic | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Indonesia | 0.2 | 0.2 | 0.4 | 0.2 | 0.0% |
| Others | 0.7 | 0.6 | 0.6 | 0.8 | 4.6% |
| Total | 11.7 | 13.9 | 15.0 | 17.5 | 14.4% |
Top Suppliers of Bicycle Tire to Denmark in 2022:
- China (485.8K units)
- Germany (355.6K units)
- Vietnam (61.6K units)
- Taiwan (Chinese) (49.0K units)
- France (38.0K units)
- Netherlands (35.8K units)
- Czech Republic (33.0K units)
- Sweden (25.9K units)
- Indonesia (15.6K units)
Bicycle Tire Exports in Denmark
In 2022, approx. 334K units of new pneumatic tyres for bicycles were exported from Denmark; rising by 110% against the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports soared to $5.6M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,826 | 2,112 | 1,873 | 2,249 | 7.2% |
| Sweden | 106 | 300 | 298 | 1,554 | 144.7% |
| Finland | 15.2 | 30.1 | 20.7 | 1,205 | 329.6% |
| Germany | 45.6 | 194 | 220 | 109 | 33.7% |
| Poland | 25.2 | 43.4 | 51.6 | 59.0 | 32.8% |
| Netherlands | 20.1 | 33.3 | 31.3 | 41.2 | 27.0% |
| Others | 127 | 333 | 1,092 | 351 | 40.3% |
| Total | 2,165 | 3,046 | 3,587 | 5,567 | 37.0% |
Top Export Markets for Bicycle Tire from Denmark in 2022:
- Sweden (112.6K units)
- Norway (93.2K units)
- Finland (88.7K units)
- Netherlands (8.9K units)
- Germany (6.9K units)
- Poland (4.8K units)
718
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Denmark.
412
This report provides an in-depth analysis of the aircraft tyre market in Denmark.
650
This report provides an in-depth analysis of the tyre market in Denmark.
640
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Denmark.
794
This report provides an in-depth analysis of the market for truck and bus tyre in Denmark.
685
This report provides an in-depth analysis of the passenger car tyre market in Denmark.
395
This report provides an in-depth analysis of the soap market in Denmark.
608
This report provides an in-depth analysis of the wood fuel market in Denmark.
636
This report provides an in-depth analysis of the soap in bars market in Denmark.
355
This report provides an in-depth analysis of the skim milk market in Denmark.
1249
China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported X million units of tyres for motorcycles or bicycles totaling X million USD, X% over the previous year. Its primary trading partner was Nigeria, where
638
The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
2676
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
151
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
1103
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
998
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
681
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
831
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
2349
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
744
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
