Iran: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Iran

The Iranian motorcycle or bicycle tyre market expanded sharply to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed a strong expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Tyres For Motorcycles or Bicycles in Iran

In value terms, motorcycle or bicycle tyre production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Motorcycle or bicycle tyre production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Tyres For Motorcycles or Bicycles

Exports from Iran

In 2022, motorcycle or bicycle tyre exports from Iran shrank slightly to X units, almost unchanged from the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, motorcycle or bicycle tyre exports fell to $X in 2022. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for motorcycle or bicycle tyre exports from Iran, accounting for a X% share of total exports. Moreover, motorcycle or bicycle tyre exports to Turkey exceeded the volume sent to the second major destination, Azerbaijan (X units), fourfold. Ukraine (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Ukraine (X% per year).

In value terms, Turkey ($X) remains the key foreign market for tyres for motorcycles or bicycles exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average motorcycle or bicycle tyre export price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 Afghanistan ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into Iran

In 2022, the amount of tyres for motorcycles or bicycles imported into Iran surged to X units, increasing by X% against 2021 figures. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, motorcycle or bicycle tyre imports surged to $X in 2022. In general, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest motorcycle or bicycle tyre supplier to Iran, with a X% share of total imports. Moreover, motorcycle or bicycle tyre imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The third position in this ranking was taken by Vietnam (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

In value terms, the largest motorcycle or bicycle tyre suppliers to Iran were the United Arab Emirates ($X), China ($X) and Vietnam ($X), with a combined X% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average motorcycle or bicycle tyre import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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