Argentina: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Argentina

In 2022, the Argentinian motorcycle or bicycle tyre market increased by X% to $X, rising for the third year in a row after four years of decline. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Tyres For Motorcycles or Bicycles

Exports from Argentina

In 2022, the amount of tyres for motorcycles or bicycles exported from Argentina contracted rapidly to X units, shrinking by X% against 2021 figures. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, motorcycle or bicycle tyre exports dropped sharply to $X in 2022. Overall, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for motorcycle or bicycle tyre exports from Argentina, accounting for a X% share of total exports. It was followed by Paraguay (X units), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to X%.

In value terms, Brazil ($X) remains the key foreign market for tyres for motorcycles or bicycles exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Paraguay ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled X%.

Export Prices by Country

The average motorcycle or bicycle tyre export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price enjoyed noticeable growth. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Brazil stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into Argentina

In 2022, motorcycle or bicycle tyre imports into Argentina surged to X units, rising by X% compared with 2021. In general, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle or bicycle tyre imports soared to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motorcycle or bicycle tyre to Argentina, with a X% share of total imports. Moreover, motorcycle or bicycle tyre imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), eightfold. Brazil (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of tyres for motorcycles or bicycles to Argentina, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average motorcycle or bicycle tyre import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for India ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :