Bicycle Tire Price in Kazakhstan - 2021
Contents:
- Bicycle Tire Price in Kazakhstan (CIF) - 2022
- Bicycle Tire Price in Kazakhstan (FOB) - 2022
- Bicycle Tire Imports in Kazakhstan
- Bicycle Tire Exports in Kazakhstan
Bicycle Tire Price in Kazakhstan (CIF) - 2022
The average bicycle tire import price stood at $7.4 per unit in 2022, rising by 26% against the previous year. In general, the import price saw a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 27%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($7.4 per unit) and Russia ($7.4 per unit), while the price for Thailand ($7.4 per unit) and China ($7.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Kazakhstan (FOB) - 2022
The average bicycle tire export price stood at $11 per unit in 2022, picking up by 11% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 48% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +12.1% per year.
Bicycle Tire Imports in Kazakhstan
After two years of decline, supplies from abroad of new pneumatic tyres for bicycles increased by 102% to 193K units in 2022. Overall, imports showed a remarkable increase. 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 $1.4M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Bicycle Tire in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 600 | 355 | 133 | 1,137 | 23.7% |
Russia | 85.1 | 171 | 276 | 206 | 34.3% |
Thailand | 10.4 | 3.5 | 11.9 | 23.9 | 32.0% |
Germany | 0.8 | 0.8 | 7.8 | 23.4 | 208.1% |
Others | 98.8 | 57.9 | 131 | 30.0 | -32.8% |
Total | 795 | 588 | 560 | 1,420 | 21.3% |
Top Suppliers of Bicycle Tire to Kazakhstan in 2022:
- China (154.5K units)
- Russia (28.0K units)
- Thailand (3.3K units)
- Germany (3.2K units)
Bicycle Tire Exports in Kazakhstan
In 2022, the amount of new pneumatic tyres for bicycles exported from Kazakhstan skyrocketed to 862 units, increasing by 47% compared with 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, bicycle tire exports soared to $9.8K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 172% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Bicycle Tire in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 3.6 | 2.1 | 6.0 | 9.7 | 39.2% |
Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
Total | 3.8 | 2.2 | 6.0 | 9.8 | 37.1% |
Top Export Markets for Bicycle Tire from Kazakhstan in 2022:
- Russia (852.0 units)
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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
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.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
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.
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