Bicycle Tire Price in Croatia - 2023

Contents:

  1. Bicycle Tire Price in Croatia (CIF) - 2022
  2. Bicycle Tire Price in Croatia (FOB) - 2022
  3. Bicycle Tire Imports in Croatia
  4. Bicycle Tire Exports in Croatia

Bicycle Tire Price in Croatia (CIF) - 2022

In 2022, the average bicycle tire import price amounted to $8 per unit, surging by 7.9% against the previous year. In general, the import price showed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 59%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Germany ($15 per unit), while the price for Thailand ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Bicycle Tire Price in Croatia (FOB) - 2022

The average bicycle tire export price stood at $19 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 96% against the previous year. The export price peaked at $19 per unit in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($20 per unit), while the average price for exports to Italy ($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 Bosnia and Herzegovina (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Tire Imports in Croatia

In 2022, imports of new pneumatic tyres for bicycles into Croatia declined to 213K units, with a decrease of -6.3% compared with the year before. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year. Imports peaked at 297K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bicycle tire imports reached $1.7M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Bicycle Tire in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4045756194423.0%
Italy26134435041216.4%
China74.738.121.819938.6%
Czech Republic247123151133-18.6%
IndiaN/AN/A10589.9-14.4%
Slovenia81.311113288.22.8%
ThailandN/A29.222.952.133.6%
Others18923728829015.3%
Total1,2561,4571,6881,70710.8%

Top Suppliers of Bicycle Tire to Croatia in 2022:

  1. Italy (59.6K units)
  2. Czech Republic (29.7K units)
  3. Germany (29.1K units)
  4. China (25.9K units)
  5. India (21.8K units)
  6. Thailand (13.4K units)
  7. Slovenia (11.8K units)

Bicycle Tire Exports in Croatia

In 2022, overseas shipments of new pneumatic tyres for bicycles decreased by -8.2% to 13K units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,357% against the previous year. As a result, the exports reached the peak of 18K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, bicycle tire exports shrank to $242K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,730% against the previous year. Over the period under review, the exports attained the maximum at $265K in 2021, and then shrank in the following year.

Export of Bicycle Tire in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia5.0164219217251.4%
Bosnia and Herzegovina4.219.117.58.928.4%
SerbiaN/AN/A16.65.4-67.5%
North Macedonia0.77.65.14.788.7%
Italy0.113.00.20.10.0%
Others1.811.26.45.746.8%
Total11.7215265242174.5%

Top Export Markets for Bicycle Tire from Croatia in 2022:

  1. Italy (undefinedK units)
  2. Slovenia (11.6K units)
  3. Bosnia and Herzegovina (0.4K units)
  4. Serbia (0.2K units)
  5. North Macedonia (0.2K units)

Source: IndexBox Market Intelligence Platform

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