EU: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in the EU

The EU motorcycle or bicycle tyre market was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Production of Tyres For Motorcycles or Bicycles in the EU

In value terms, motorcycle or bicycle tyre production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports in the EU

After two years of growth, shipments abroad of tyres for motorcycles or bicycles decreased by X% to X units in 2022. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, motorcycle or bicycle tyre exports shrank modestly to $X in 2022. Total exports indicated a moderate 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

In 2022, Germany (X units) was the main exporter of tyres for motorcycles or bicycles, mixing up X% of total exports. France (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), the Czech Republic (X%), Spain (X%) and Italy (X%). Belgium (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to motorcycle or bicycle tyre exports from Germany stood at X%. At the same time, Italy (X%), the Netherlands (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Italy, Belgium and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest motorcycle or bicycle tyre supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by France, with a X% share.

In Germany, motorcycle or bicycle tyre exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a remarkable increase 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 export price increased by X% against 2012 indices. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain 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 ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Imports of Tyres For Motorcycles or Bicycles

Imports in the EU

For the third consecutive year, the European Union recorded growth in purchases abroad of tyres for motorcycles or bicycles, which increased by X% to X units in 2022. The total import volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, motorcycle or bicycle tyre imports amounted to $X in 2022. Total imports indicated a temperate 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the six major importers of tyres for motorcycles or bicycles, namely Germany, Italy, the Netherlands, France, Poland and Spain, represented more than two-thirds of total import. Portugal (X units), Romania (X units), Bulgaria (X units), the Czech Republic (X units), Hungary (X units) and Austria (X units) held a little share of total imports.

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

In value terms, the largest motorcycle or bicycle tyre importing markets in the European Union were Germany ($X), Italy ($X) and Spain ($X), with a combined X% share of total imports. France, the Netherlands, Poland, the Czech Republic, Austria, Portugal, Hungary, Bulgaria and Romania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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