Bicycle Tire Price in Israel - 2023
Contents:
- Bicycle Tire Price in Israel (CIF) - 2022
- Bicycle Tire Price in Israel (FOB) - 2022
- Bicycle Tire Imports in Israel
- Bicycle Tire Exports in Israel
Bicycle Tire Price in Israel (CIF) - 2022
The average bicycle tire import price stood at $7.6 per unit in 2022, picking up by 14% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +49.6% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($7.6 per unit) and Italy ($7.6 per unit), while the price for China ($7.6 per unit) and the UK ($7.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Israel (FOB) - 2022
The average bicycle tire export price stood at $8.6 per unit in 2022, growing by 150% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +6.7% per year.
Bicycle Tire Imports in Israel
In 2022, overseas purchases of new pneumatic tyres for bicycles decreased by -14.4% to 332K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 388K units, and then fell in the following year.
In value terms, bicycle tire imports reduced slightly to $2.5M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports hit record highs at $2.6M in 2021, and then shrank in the following year.
| Import of Bicycle Tire in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 558 | 714 | 1,537 | 1,171 | 28.0% |
| Taiwan (Chinese) | 264 | 297 | 422 | 468 | 21.0% |
| United States | 53.0 | 67.0 | 18.0 | 249 | 67.5% |
| Italy | 95.0 | 208 | 141 | 228 | 33.9% |
| Germany | 122 | 433 | 135 | 220 | 21.7% |
| United Kingdom | N/A | 13.0 | 51.0 | 45.0 | 86.1% |
| Switzerland | N/A | N/A | 1.0 | 41.0 | 4000.0% |
| Thailand | 110 | N/A | 126 | N/A | 7.0% |
| Others | 66.0 | 113 | 153 | 99.0 | 14.5% |
| Total | 1,268 | 1,845 | 2,584 | 2,521 | 25.7% |
Top Suppliers of Bicycle Tire to Israel in 2022:
- China (154.3K units)
- Taiwan (Chinese) (61.7K units)
- United States (32.8K units)
- Italy (30.1K units)
- Germany (29.0K units)
- United Kingdom (5.9K units)
- Switzerland (5.4K units)
Bicycle Tire Exports in Israel
After three years of growth, overseas shipments of new pneumatic tyres for bicycles decreased by -99% to 116 units in 2022. Overall, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 58%. The exports peaked at 12K units in 2021, and then declined markedly in the following year.
In value terms, bicycle tire exports declined sharply to $1K in 2022. In general, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 5.3% against the previous year. The exports peaked at $40K in 2021, and then dropped remarkably in the following year.
| Export of Bicycle Tire in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.0 | 4.8 | N/A | 1.0 | -53.6% |
| Palestine | 0.3 | 0.6 | 17.8 | N/A | 670.3% |
| United Kingdom | N/A | 27.9 | N/A | N/A | 0% |
| Taiwan (Chinese) | 8.6 | 3.5 | 21.9 | N/A | 59.6% |
| Others | 17.3 | 1.3 | 0.4 | N/A | -84.8% |
| Total | 36.2 | 38.1 | 40.1 | 1.0 | -69.8% |
Top Export Markets for Bicycle Tire from Israel in 2022:
- United States (116.0 units)
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