New Zealand: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in New Zealand

In 2022, the New Zealand motorcycle or bicycle tyre market increased by X% to $X, rising for the second year in a row after two years of decline. The market 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. Motorcycle or bicycle tyre consumption peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Tyres For Motorcycles or Bicycles

Exports from New Zealand

In 2022, overseas shipments of tyres for motorcycles or bicycles increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed a buoyant increase. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, motorcycle or bicycle tyre exports skyrocketed to $X in 2022. In general, exports saw noticeable growth. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for motorcycle or bicycle tyre exports from New Zealand, with a X% share of total exports. Moreover, motorcycle or bicycle tyre exports to Australia exceeded the volume sent to the second major destination, Cook Islands (X units), threefold. French Polynesia (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (X% per year) and French Polynesia (X% per year).

In value terms, Australia ($X) emerged as the key foreign market for tyres for motorcycles or bicycles exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Cook Islands ($X), with a X% share of total exports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (X% per year) and French Polynesia (X% per year).

Export Prices by Country

In 2022, the average motorcycle or bicycle tyre export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price showed a slight descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Australia ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into New Zealand

Motorcycle or bicycle tyre imports into New Zealand shrank to X units in 2022, declining by X% compared with the year before. 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, motorcycle or bicycle tyre imports rose slightly to $X in 2022. The total import value 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 pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Thailand (X units) were the main suppliers of motorcycle or bicycle tyre imports to New Zealand, together comprising X% of total imports. Indonesia, Serbia, Vietnam, Japan, Germany and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Serbia (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 suppliers to New Zealand were Taiwan (Chinese) ($X), China ($X) and Thailand ($X), with a combined X% share of total imports. Germany, Japan, Indonesia, Serbia, Vietnam and Brazil lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average motorcycle or bicycle tyre import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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