Central Asia: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Central Asia

The Central Asian motorcycle or bicycle tyre market amounted to $X in 2022, surging by X% against the previous year. The total consumption indicated a tangible 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 2016 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Tyres For Motorcycles or Bicycles in Central Asia

In value terms, motorcycle or bicycle tyre production amounted to $X in 2022 estimated in export price. The total production indicated a noticeable 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 most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Tyres For Motorcycles or Bicycles

Exports in Central Asia

In 2022, exports of tyres for motorcycles or bicycles in Central Asia soared to X units, jumping by X% against the previous year. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre exports surged to $X in 2022. Overall, exports recorded a mild expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Kazakhstan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

Uzbekistan 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, Kyrgyzstan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Kazakhstan ($X) emerged as the largest motorcycle or bicycle tyre supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, motorcycle or bicycle tyre exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, declining by X% against the previous year. In general, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Imports of Tyres For Motorcycles or Bicycles

Imports in Central Asia

Motorcycle or bicycle tyre imports soared to X units in 2022, rising by X% compared with the year before. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre imports reduced to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Uzbekistan prevails in imports structure, reaching X units, which was near X% of total imports in 2022. It was distantly followed by Kazakhstan (X units), generating a X% share of total imports. The following importers - Turkmenistan (X units) and Tajikistan (X units) - together made up X% of total imports.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of imports of tyres for motorcycles or bicycles. At the same time, Tajikistan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tajikistan (X p.p.), Kazakhstan (X p.p.) and Turkmenistan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Tajikistan lagged somewhat behind, accounting for a further X%.

In terms of the main importing countries, Tajikistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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