Chile: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Chile

In 2022, the Chilean motorcycle or bicycle tyre market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed pronounced growth. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Exports of Tyres For Motorcycles or Bicycles

Exports from Chile

After two years of growth, overseas shipments of tyres for motorcycles or bicycles decreased by X% to X units in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, motorcycle or bicycle tyre exports fell to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Bolivia (X units) was the main destination for motorcycle or bicycle tyre exports from Chile, with a X% share of total exports. It was followed by Peru (X units), with a X% share of total exports.

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

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

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

Export Prices by Country

In 2022, the average motorcycle or bicycle tyre export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Peru ($X per unit), while the average price for exports to Bolivia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

Imports of Tyres For Motorcycles or Bicycles

Imports into Chile

In 2022, purchases 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. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then fell rapidly in the following year.

In value terms, motorcycle or bicycle tyre imports contracted rapidly to $X in 2022. Over the period under review, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest motorcycle or bicycle tyre supplier to Chile, with a X% share of total imports. Moreover, motorcycle or bicycle tyre imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), eightfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of tyres for motorcycles or bicycles to Chile, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Thailand, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

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. Overall, import price indicated moderate growth 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. Based on 2022 figures, motorcycle or bicycle tyre import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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