Benelux: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Benelux

In 2022, the Benelux motorcycle or bicycle tyre market increased by X% to $X, rising for the sixth year in a row after three years of decline. The total consumption indicated a resilient 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, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Tyres For Motorcycles or Bicycles in Benelux

In value terms, motorcycle or bicycle tyre production amounted to $X in 2022 estimated in export price. The total production indicated a pronounced 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Tyres For Motorcycles or Bicycles

Exports in Benelux

In 2022, after five years of growth, there was significant decline in overseas shipments of tyres for motorcycles or bicycles, when their volume decreased by X% to X units. Over the period under review, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then plummeted in the following year.

In value terms, motorcycle or bicycle tyre exports fell modestly to $X in 2022. In general, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined modestly in the following year.

Exports by Country

The Netherlands was the largest exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Belgium (X units), mixing up a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the tyres for motorcycles or bicycles exports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the largest motorcycle or bicycle tyre supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Tyres For Motorcycles or Bicycles

Imports in Benelux

In 2022, supplies from abroad of tyres for motorcycles or bicycles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then fell significantly in the following year.

In value terms, motorcycle or bicycle tyre imports declined notably to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Imports by Country

The Netherlands was the major importer of tyres for motorcycles or bicycles in Benelux, with the volume of imports amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Belgium (X units), constituting a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the tyres for motorcycles or bicycles imports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported tyres for motorcycles or bicycles in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, motorcycle or bicycle tyre imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform