Europe: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Europe

The Europe motorcycle or bicycle tyre market rose rapidly to $X in 2022, increasing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Tyres For Motorcycles or Bicycles in Europe

In value terms, motorcycle or bicycle tyre production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Tyres For Motorcycles or Bicycles

Exports in Europe

After three years of growth, shipments abroad of tyres for motorcycles or bicycles decreased by X% to X units in 2022. Overall, exports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre exports reduced modestly to $X in 2022. Total exports 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, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Germany was the key exporter of tyres for motorcycles or bicycles in Europe, with the volume of exports finishing at X units, which was near X% of total exports in 2022. France (X units) took the second position in the ranking, followed by the Netherlands (X units), the Czech Republic (X units), Spain (X units), Italy (X units) and Serbia (X units). All these countries together took approx. X% share of total exports.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%), the Netherlands (X%) and Serbia (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in Europe, 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. While the share of the Netherlands (X p.p.), Italy (X p.p.), Serbia (X p.p.) and Spain (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. 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

In 2022, the export price in Europe amounted to $X per unit, surging by X% against the previous year. Export price indicated resilient 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 export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 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 Spain ($X per unit), while the Czech Republic ($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 Europe

In 2022, motorcycle or bicycle tyre imports in Europe contracted modestly to X units, dropping by X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was 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 modestly in the following year.

In value terms, motorcycle or bicycle tyre imports rose significantly 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 growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X units), Italy (X units), the Netherlands (X units), France (X units), Poland (X units), Spain (X units), Russia (X units), Portugal (X units), the UK (X units), Romania (X units), Bulgaria (X units) and the Czech Republic (X units) represented the largest importer of tyres for motorcycles or bicycles in Europe, comprising X% of total import.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain 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 Spain ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform