Bicycle Tire Price in Slovenia - 2023
Contents:
- Bicycle Tire Price in Slovenia (CIF) - 2022
- Bicycle Tire Price in Slovenia (FOB) - 2022
- Bicycle Tire Imports in Slovenia
- Bicycle Tire Exports in Slovenia
Bicycle Tire Price in Slovenia (CIF) - 2022
The average bicycle tire import price stood at $8.8 per unit in 2022, picking up by 21% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +34.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 46%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($33 per unit), while the price for Thailand ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Slovenia (FOB) - 2022
In 2022, the average bicycle tire export price amounted to $6.3 per unit, with an increase of 19% against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $13 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($30 per unit), while the average price for exports to Bosnia and Herzegovina ($3.6 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 North Macedonia (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Tire Imports in Slovenia
In 2022, after three years of growth, there was significant decline in purchases abroad of new pneumatic tyres for bicycles, when their volume decreased by -17.2% to 302K units. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 95%. Imports peaked at 365K units in 2021, and then shrank markedly in the following year.
In value terms, bicycle tire imports stood at $2.7M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 88%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Bicycle Tire in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 203 | 653 | 809 | 703 | 51.3% |
| Germany | 233 | 486 | 576 | 547 | 32.9% |
| Italy | 72.0 | 190 | 334 | 383 | 74.6% |
| Vietnam | 113 | 216 | 176 | 206 | 22.2% |
| Indonesia | 76.4 | 14.6 | 76.5 | 81.1 | 2.0% |
| Sri Lanka | N/A | N/A | N/A | 78.4 | 0% |
| Thailand | 152 | 43.6 | 65.1 | 36.0 | -38.1% |
| Others | 228 | 419 | 624 | 630 | 40.3% |
| Total | 1,078 | 2,022 | 2,660 | 2,665 | 35.2% |
Top Suppliers of Bicycle Tire to Slovenia in 2022:
- China (123.6K units)
- Vietnam (48.3K units)
- Italy (28.1K units)
- Germany (28.1K units)
- Indonesia (21.5K units)
- Sri Lanka (10.9K units)
- Thailand (10.7K units)
Bicycle Tire Exports in Slovenia
After three years of growth, shipments abroad of new pneumatic tyres for bicycles decreased by -37.9% to 148K units in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 552%. The exports peaked at 238K units in 2021, and then fell markedly in the following year.
In value terms, bicycle tire exports reduced sharply to $931K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 508% against the previous year. The exports peaked at $1.3M in 2021, and then contracted notably in the following year.
| Export of Bicycle Tire in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 46.5 | 208 | 298 | 427 | 109.4% |
| Romania | 1.1 | 180 | 387 | 209 | 474.9% |
| Hungary | N/A | 404 | 305 | 142 | -40.7% |
| Croatia | 91.4 | 148 | 192 | 83.4 | -3.0% |
| Bosnia and Herzegovina | 3.5 | 9.0 | 11.4 | 16.4 | 67.3% |
| Others | 20.2 | 41.5 | 71.4 | 53.2 | 38.1% |
| Total | 163 | 990 | 1,265 | 931 | 78.8% |
Top Export Markets for Bicycle Tire from Slovenia in 2022:
- Slovakia (81.1K units)
- Hungary (30.7K units)
- Romania (16.1K units)
- Croatia (13.4K units)
- Bosnia and Herzegovina (4.5K units)
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