CIS: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in CIS

The CIS motorcycle or bicycle tyre market declined to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then fell in the following year.

Production of Tyres For Motorcycles or Bicycles in CIS

In value terms, motorcycle or bicycle tyre production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Tyres For Motorcycles or Bicycles

Exports in CIS

After five years of growth, overseas shipments of tyres for motorcycles or bicycles decreased by X% to X units in 2022. Overall, exports, however, showed modest growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then contracted modestly in the following year.

In value terms, motorcycle or bicycle tyre exports reduced to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

In 2022, Russia (X units) was the key exporter of tyres for motorcycles or bicycles, creating X% of total exports. Belarus (X units) took the second position in the ranking, distantly followed by Uzbekistan (X units). All these countries together held near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motorcycle or bicycle tyre exports from Russia stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest motorcycle or bicycle tyre supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

In Russia, motorcycle or bicycle tyre exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a mild setback. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Tyres For Motorcycles or Bicycles

Imports in CIS

Motorcycle or bicycle tyre imports shrank notably to X units in 2022, waning by X% compared with 2021 figures. Total imports indicated a measured increase from 2012 to 2022: its volume 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 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then dropped markedly in the following year.

In value terms, motorcycle or bicycle tyre imports shrank significantly to $X in 2022. Total imports indicated perceptible growth 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 2018 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, Russia (X units) was the largest importer of tyres for motorcycles or bicycles, creating X% of total imports. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Belarus (X%). The following importers - Azerbaijan (X units) and Kazakhstan (X units) - each amounted to a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of tyres for motorcycles or bicycles. At the same time, Azerbaijan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan and Kazakhstan experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported tyres for motorcycles or bicycles in the CIS, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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