Bicycle Tire Price in Luxembourg - 2023
Contents:
- Bicycle Tire Price in Luxembourg (CIF) - 2022
- Bicycle Tire Price in Luxembourg (FOB) - 2022
- Bicycle Tire Imports in Luxembourg
- Bicycle Tire Exports in Luxembourg
Bicycle Tire Price in Luxembourg (CIF) - 2022
In 2022, the average bicycle tire import price amounted to $6.9 per unit, with a decrease of -15.8% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. The import price peaked at $21 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($19 per unit), while the price for France ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.4%), while the prices for the other major suppliers experienced a decline.
Bicycle Tire Price in Luxembourg (FOB) - 2022
The average bicycle tire export price stood at $6.8 per unit in 2022, falling by -25.1% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 70%. The export price peaked at $23 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($7.8 per unit) and Belgium ($7.2 per unit), while the average price for exports to Germany ($6.7 per unit) and France ($6.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+8.0%), while the prices for the other major destinations experienced a decline.
Bicycle Tire Imports in Luxembourg
In 2022, approx. 112K units of new pneumatic tyres for bicycles were imported into Luxembourg; jumping by 19% compared with 2021 figures. Overall, imports showed resilient growth. The growth pace was the most rapid in 2020 when imports increased by 144% against the previous year. As a result, imports attained the peak of 219K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bicycle tire imports reduced to $775K in 2022. In general, imports, however, faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 66%. As a result, imports attained the peak of $3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bicycle Tire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,256 | 2,317 | 401 | 533 | -24.9% |
| Netherlands | 320 | 204 | 112 | 70.2 | -39.7% |
| Italy | 2.2 | 14.0 | 62.7 | 66.8 | 212.0% |
| Belgium | 56.0 | 99.8 | 105 | 46.0 | -6.3% |
| Czech Republic | 1.3 | 5.0 | 24.3 | 27.8 | 177.6% |
| France | 39.4 | 57.5 | 28.0 | 20.9 | -19.1% |
| Cyprus | N/A | 239 | N/A | N/A | 0% |
| Others | 103 | 22.9 | 45.1 | 11.0 | -52.6% |
| Total | 1,778 | 2,959 | 777 | 775 | -24.2% |
Top Suppliers of Bicycle Tire to Luxembourg in 2022:
- Germany (77.3K units)
- Netherlands (10.2K units)
- Italy (9.4K units)
- Belgium (6.6K units)
- Czech Republic (3.9K units)
- France (3.1K units)
Bicycle Tire Exports in Luxembourg
In 2022, shipments abroad of new pneumatic tyres for bicycles decreased by -84.8% to 7.5K units, falling for the second year in a row after two years of growth. Overall, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 121%. As a result, the exports reached the peak of 158K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bicycle tire exports contracted notably to $51K in 2022. Over the period under review, exports faced a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Bicycle Tire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.0 | 30.2 | 348 | 28.6 | 205.8% |
| Germany | 2.6 | 34.7 | 3.9 | 19.4 | 95.4% |
| Belgium | 0.4 | 1.0 | 0.4 | 2.7 | 89.0% |
| United Kingdom | 1,425 | 2,127 | 62.2 | N/A | -79.1% |
| Others | 4.0 | 2.8 | 34.6 | 0.6 | -46.9% |
| Total | 1,433 | 2,196 | 449 | 51.2 | -67.1% |
Top Export Markets for Bicycle Tire from Luxembourg in 2022:
- France (4.2K units)
- Germany (2.9K units)
- Belgium (0.4K units)
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