Report Update Nov 1, 2024

Iraq - Tyres for Motor Cycles or Bicycles - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Iraq

In 2022, after two years of growth, there was significant decline in the Iraqi motorcycle or bicycle tyre market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed a strong increase. Motorcycle or bicycle tyre consumption peaked at $X in 2021, and then reduced in the following year.

Exports of Tyres For Motorcycles or Bicycles

Exports from Iraq

In 2021, approx. X units of tyres for motorcycles or bicycles were exported from Iraq; with a decrease of X% compared with the year before. Over the period under review, exports, however, recorded significant growth. Over the period under review, the exports hit record highs at X units in 2020, and then fell markedly in the following year.

In value terms, motorcycle or bicycle tyre exports fell markedly to $X in 2021. Overall, exports showed a noticeable curtailment. Over the period under review, the exports reached the maximum at $X in 2020, and then declined dramatically in the following year.

Exports by Country

Thailand (X units) was the main destination for motorcycle or bicycle tyre exports from Iraq, accounting for a approx. X% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Thailand was relatively modest.

In value terms, Thailand ($X) emerged as the key foreign market for tyres for motorcycles or bicycles exports from Iraq.

From 2015 to 2021, the average annual growth rate of value to Thailand was relatively modest.

Export Prices by Country

The average motorcycle or bicycle tyre export price stood at $X per unit in 2021, reducing by X% against the previous year. In general, the export price saw a precipitous slump. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then shrank sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2015 to 2021, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Tyres For Motorcycles or Bicycles

Imports into Iraq

In 2022, supplies from 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, posted resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, motorcycle or bicycle tyre imports shrank to $X in 2022. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

India (X units), Thailand (X units) and China (X units) were the main suppliers of motorcycle or bicycle tyre imports to Iraq, together accounting for X% of total imports. Iran, Sri Lanka, Pakistan and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X) constituted the largest supplier of tyres for motorcycles or bicycles to Iraq, comprising X% of total imports. The second position in the ranking was taken by Iran ($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 amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (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, standing approx. at the previous year. Over the period under review, the import price recorded strong growth. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Sri Lanka ($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

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for motorcycles or bicycles in the world?

China remains the largest motorcycle or bicycle tyre consuming country worldwide, accounting for 22% of total volume. Moreover, motorcycle or bicycle tyre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by South Africa, with an 8.1% share.

What are the largest producers of tyres for motorcycles or bicycles in the world?

China remains the largest motorcycle or bicycle tyre producing country worldwide, comprising approx. 39% of total volume. Moreover, motorcycle or bicycle tyre production in China exceeded the figures recorded by the second-largest producer, South Africa, fivefold. The United States ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of tyres for motorcycles or bicycles to Iraq?

In value terms, the largest motorcycle or bicycle tyre suppliers to Iraq were China, India and Iran, together comprising 80% of total imports.

What is the average export price for tyres for motorcycles or bicycles in Iraq?

In 2020, the average motorcycle or bicycle tyre export price amounted to $6,744 per ton, stabilizing at the previous year.

What is the average import price for tyres for motorcycles or bicycles in Iraq?

In 2021, the average motorcycle or bicycle tyre import price amounted to $4,036 per ton, picking up by 9.2% against the previous year.

This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023