Bicycle Tire Price in Guatemala - 2023
Contents:
- Bicycle Tire Price in Guatemala (CIF) - 2022
- Bicycle Tire Price in Guatemala (FOB) - 2022
- Bicycle Tire Imports in Guatemala
- Bicycle Tire Exports in Guatemala
Bicycle Tire Price in Guatemala (CIF) - 2022
In 2022, the average bicycle tire import price amounted to $7.4 per unit, rising by 11% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bicycle tire import price increased by +61.5% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. The import price peaked in 2022 and is expected to retain 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 Taiwan (Chinese) ($7.4 per unit), while the price for China amounted to $7.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Guatemala (FOB) - 2022
The average bicycle tire export price stood at $11 per unit in 2022, picking up by 3.3% against the previous year. Over the period under review, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 67%. As a result, the export price reached the peak level of $14 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($11 per unit), while the average price for exports to Nicaragua ($11 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 Nicaragua (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Guatemala
In 2022, imports of new pneumatic tyres for bicycles into Guatemala contracted remarkably to 250K units, reducing by -66.4% compared with 2021 figures. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 120%. As a result, imports attained the peak of 746K units, and then declined rapidly in the following year.
In value terms, bicycle tire imports dropped remarkably to $1.8M in 2022. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 111%. As a result, imports reached the peak of $5M, and then shrank remarkably in the following year.
| Import of Bicycle Tire in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,185 | 2,149 | 4,518 | 1,685 | -8.3% |
| Taiwan (Chinese) | 39.1 | 53.1 | 136 | 110 | 41.2% |
| Thailand | 61.9 | 82.7 | 128 | 23.0 | -28.1% |
| Others | 40.5 | 68.1 | 181 | 23.6 | -16.5% |
| Total | 2,327 | 2,353 | 4,962 | 1,841 | -7.5% |
Top Suppliers of Bicycle Tire to Guatemala in 2022:
- China (229.0K units)
- Taiwan (Chinese) (15.0K units)
- Thailand (3.1K units)
Bicycle Tire Exports in Guatemala
Bicycle tire exports from Guatemala skyrocketed to 6.7K units in 2022, with an increase of 204% compared with 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 905% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, bicycle tire exports skyrocketed to $77K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 750%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Bicycle Tire in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | 16.5 | 58.9 | 257.0% |
| El Salvador | 0.8 | N/A | 5.5 | 15.7 | 169.7% |
| Nicaragua | N/A | 4.6 | 2.3 | 1.8 | -37.4% |
| Mexico | N/A | 2.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 7.1 | 24.4 | 76.5 | 357.3% |
Top Export Markets for Bicycle Tire from Guatemala in 2022:
- Honduras (5.2K units)
- El Salvador (1.4K units)
- Nicaragua (0.2K units)
81
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Guatemala.
111
This report provides an in-depth analysis of the aircraft tyre market in Guatemala.
200
This report provides an in-depth analysis of the tyre market in Guatemala.
138
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Guatemala.
132
This report provides an in-depth analysis of the market for truck and bus tyre in Guatemala.
123
This report provides an in-depth analysis of the passenger car tyre market in Guatemala.
159
This report provides an in-depth analysis of the wood fuel market in Guatemala.
128
This report provides an in-depth analysis of the soap in bars market in Guatemala.
144
This report provides an in-depth analysis of the skim milk market in Guatemala.
185
This report provides an in-depth analysis of the roundwood market in Guatemala.
1254
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
685
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.
2739
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
159
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.
1113
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...
1010
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...
691
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...
835
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...
2409
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 ...
756
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 ...
