In 2023, Germany leads in the global import of new pneumatic tyres of rubber for bicycles with $120.54 million, followed by the United States at $82.614 million and the Netherlands at $66.01 million. Significant year-on-year increases were observed in Germany (1.98%), the United Kingdom (3.08%), and China (3.15%), among others. Conversely, countries like Canada (-0.098%), Argentina (-8.49%), and Belarus (-7.85%) experienced declines. The compounded annual growth rate (CAGR) over the last 5 years indicates steady growth in the import market, highlighting rising demand and increased global trade in this segment.
Future trends to watch for include:
- Increased demand for eco-friendly and high-performance bicycle tyres.- Growing investments in cycling infrastructure, especially in urban areas.- Potential market shifts due to evolving trade policies and economic factors.- Technological advancements in tyre materials and manufacturing processes.- Sustainability initiatives influencing consumer and business choices.
Top countries in Import of New Pneumatic Tyres of Rubber for Bicycles by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 120,540,000 | 2023 | +2.07% | +1.98% | View data |
| 2 | 2 United States | 82,614,000 | 2023 | +1.42% | +0.79% | View data |
| 3 | 3 Netherlands | 66,010,000 | 2023 | +2.91% | +1.64% | View data |
| 4 | 4 France | 50,049,000 | 2023 | +2.54% | +1.81% | View data |
| 5 | 5 Italy | 49,616,000 | 2023 | +1.41% | +1.2% | View data |
| 6 | 6 United Kingdom | 45,763,000 | 2023 | +2.63% | +3.08% | View data |
| 7 | 7 Brazil | 29,994,000 | 2023 | +3.03% | +2.25% | View data |
| 8 | 8 Mexico | 26,638,000 | 2023 | +0.62% | +0.69% | View data |
| 9 | 9 Japan | 24,742,000 | 2023 | -0.029% | +0.6% | View data |
| 10 | 10 Poland | 20,871,000 | 2023 | +2.68% | +1.95% | View data |
