Brazil: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Brazil

The Brazilian motorcycle or bicycle tyre market shrank to $X in 2022, which is down by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Tyres For Motorcycles or Bicycles in Brazil

In value terms, motorcycle or bicycle tyre production totaled $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Tyres For Motorcycles or Bicycles

Exports from Brazil

In 2022, overseas shipments of tyres for motorcycles or bicycles decreased by X% to X units, falling for the eighth year in a row after three years of growth. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre exports surged to $X in 2022. In general, exports continue to indicate a abrupt downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X units), Germany (X units) and Argentina (X units) were the main destinations of motorcycle or bicycle tyre exports from Brazil, together accounting for X% of total exports. The United States, Paraguay, Italy, Mexico, Uruguay, Spain, Ecuador, Bolivia, India and Peru lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for motorcycle or bicycle tyre exported from Brazil were Germany ($X), the United States ($X) and Colombia ($X), with a combined X% share of total exports. Argentina, Italy, Paraguay, Mexico, Spain, Ecuador, India, Uruguay, Peru and Bolivia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average motorcycle or bicycle tyre export price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per unit), while the average price for exports to Uruguay ($X 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 Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into Brazil

Motorcycle or bicycle tyre imports into Brazil reduced notably to X units in 2022, with a decrease of X% compared with the year before. Overall, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank markedly in the following year.

In value terms, motorcycle or bicycle tyre imports shrank to $X in 2022. In general, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Indonesia (X units) and Sri Lanka (X units) were the main suppliers of motorcycle or bicycle tyre imports to Brazil, with a combined X% share of total imports. Thailand, Pakistan, Taiwan (Chinese) and Vietnam lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Thailand ($X) were the largest motorcycle or bicycle tyre suppliers to Brazil, with a combined X% share of total imports. Sri Lanka, Pakistan, Taiwan (Chinese) and Vietnam lagged somewhat behind, together comprising a further X%.

Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motorcycle or bicycle tyre import price amounted to $X per unit, jumping by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price 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. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Vietnam ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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