Russian Federation: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in the Russian Federation

The Russian motorcycle or bicycle tyre market plummeted to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Production of Tyres For Motorcycles or Bicycles in the Russian Federation

In value terms, motorcycle or bicycle tyre production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports from the Russian Federation

After five years of growth, overseas shipments of tyres for motorcycles or bicycles decreased by X% to X units in 2022. Over the period under review, exports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, motorcycle or bicycle tyre exports shrank to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X units), Kazakhstan (X units) and Ukraine (X units) were the main destinations of motorcycle or bicycle tyre exports from Russia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

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

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

Export Prices by Country

In 2022, the average motorcycle or bicycle tyre export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Ukraine ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Imports of Tyres For Motorcycles or Bicycles

Imports into the Russian Federation

In 2022, the amount of tyres for motorcycles or bicycles imported into Russia fell remarkably to X units, with a decrease of X% against the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then fell remarkably in the following year.

In value terms, motorcycle or bicycle tyre imports dropped markedly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest motorcycle or bicycle tyre supplier to Russia, with a X% share of total imports. Moreover, motorcycle or bicycle tyre imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold. Sri Lanka (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Sri Lanka (X% per year).

In value terms, China ($X) constituted the largest supplier of tyres for motorcycles or bicycles to Russia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a 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: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average motorcycle or bicycle tyre import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average 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 Taiwan (Chinese) ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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