Bicycle Tire Price in Argentina - 2023
Contents:
- Bicycle Tire Price in Argentina (CIF) - 2022
- Bicycle Tire Price in Argentina (FOB) - 2022
- Bicycle Tire Imports in Argentina
- Bicycle Tire Exports in Argentina
Bicycle Tire Price in Argentina (CIF) - 2022
The average bicycle tire import price stood at $4.7 per unit in 2022, reducing by -18.7% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +18.9% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 57% against the previous year. The import price peaked at $5.8 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($16 per unit), while the price for Brazil ($3.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Tire Price in Argentina (FOB) - 2022
The average bicycle tire export price stood at $5 per unit in 2022, dropping by -4.9% against the previous year. In general, the export price recorded a deep contraction. The export price peaked at $24 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Bicycle Tire Imports in Argentina
In 2022, the amount of new pneumatic tyres for bicycles imported into Argentina skyrocketed to 2.2M units, with an increase of 61% on the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 75%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, bicycle tire imports soared to $10M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Bicycle Tire in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 748 | 1,971 | 4,448 | 6,880 | 109.5% |
| Vietnam | 84.5 | 173 | 466 | 1,307 | 149.2% |
| India | 157 | 271 | 478 | 710 | 65.4% |
| Taiwan (Chinese) | 356 | 181 | 261 | 575 | 17.3% |
| Thailand | 51.2 | 81.2 | 238 | 539 | 119.2% |
| Brazil | 407 | 435 | 393 | 129 | -31.8% |
| Sri Lanka | 317 | 355 | 348 | N/A | 4.8% |
| Others | 302 | 363 | 1,268 | 218 | -10.3% |
| Total | 2,422 | 3,830 | 7,900 | 10,357 | 62.3% |
Top Suppliers of Bicycle Tire to Argentina in 2022:
- China (1612.0K units)
- Vietnam (250.6K units)
- India (185.5K units)
- Thailand (63.9K units)
- Brazil (39.0K units)
- Taiwan (Chinese) (36.0K units)
Bicycle Tire Exports in Argentina
Bicycle tire exports from Argentina surged to 439 units in 2022, increasing by 2,211% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bicycle tire exports soared to $2.2K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bicycle Tire in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Czech Republic | N/A | 1,053 | 0% | ||
| Turkey | 100 | N/A | 0% | ||
| Others | N/A | 1,144 | 0% | ||
| Total | 100 | 2,197 | 2097.0% | ||
Top Export Markets for Bicycle Tire from Argentina in 2022:
- Czech Republic (211.0 units)
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