Bicycle Tire Price in Venezuela - 2022
Contents:
- Bicycle Tire Price in Venezuela (CIF) - 2022
- Bicycle Tire Price in Venezuela (FOB) - 2022
- Bicycle Tire Imports in Venezuela
- Bicycle Tire Exports in Venezuela
Bicycle Tire Price in Venezuela (CIF) - 2022
In 2022, the average bicycle tire import price amounted to $2 per unit, remaining stable against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. As a result, import price attained the peak level of $4.9 per unit. From 2014 to 2022, the average import prices remained 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 Panama ($6.8 per unit), while the price for Germany ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+6.6%), while the prices for the other major suppliers experienced a decline.
Bicycle Tire Price in Venezuela (FOB) - 2022
The average bicycle tire export price stood at $6.7 per unit in 2021, remaining stable against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $14 per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Israel.
From 2014 to 2021, the rate of growth in terms of prices for the Dominican Republic amounted to +58.3% per year.
Bicycle Tire Imports in Venezuela
After three years of growth, overseas purchases of new pneumatic tyres for bicycles decreased by -24.3% to 1.7M units in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 463%. Imports peaked at 2.3M units in 2021, and then shrank markedly in the following year.
In value terms, bicycle tire imports dropped notably to $3.6M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 499%. Over the period under review, imports hit record highs at $4.8M in 2021, and then dropped rapidly in the following year.
| Import of Bicycle Tire in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 252 | 1,996 | 4,345 | 3,205 | 133.4% |
| Panama | 43.7 | 224 | 219 | 162 | 54.8% |
| Germany | 44.2 | 51.5 | 46.2 | 31.2 | -11.0% |
| Others | 53.9 | 89.9 | 172 | 174 | 47.8% |
| Total | 394 | 2,362 | 4,782 | 3,572 | 108.5% |
Top Suppliers of Bicycle Tire to Venezuela in 2022:
- China (1679.3K units)
- Panama (23.9K units)
- Germany (23.2K units)
Bicycle Tire Exports in Venezuela
In 2022, overseas shipments of new pneumatic tyres for bicycles decreased by 99.9% to less than 0.1 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a abrupt decrease. The exports peaked at 173 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bicycle tire exports soared to $1.3K in 2022. In general, exports recorded a abrupt decline. The exports peaked at $2.4K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bicycle Tire in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Israel | N/A | N/A | 1.0 | 0% | |
| Colombia | 2.4 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.4 | N/A | 1.0 | -35.5% | |
Top Export Markets for Bicycle Tire from Venezuela in 2022:
- Israel (150.0 units)
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