Sweden: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Sweden

After two years of growth, the Swedish motorcycle or bicycle tyre market decreased by less than X% to $X in 2022. Over the period under review, the total consumption indicated a measured 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Tyres For Motorcycles or Bicycles in Sweden

In value terms, motorcycle or bicycle tyre production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports from Sweden

In 2022, shipments abroad of tyres for motorcycles or bicycles increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, motorcycle or bicycle tyre exports dropped slightly to $X in 2022. Overall, exports, however, showed a slight slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X units), Denmark (X units) and Norway (X units) were the main destinations of motorcycle or bicycle tyre exports from Sweden, together accounting for X% of total exports. Poland and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for motorcycle or bicycle tyre exported from Sweden were Finland ($X), Norway ($X) and Poland ($X), with a combined X% share of total exports. Denmark and the Netherlands lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average motorcycle or bicycle tyre export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price, however, saw notable growth. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Denmark ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into Sweden

In 2022, overseas purchases of tyres for motorcycles or bicycles were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre imports stood at $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest motorcycle or bicycle tyre supplier to Sweden, with a X% share of total imports. Moreover, motorcycle or bicycle tyre imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Denmark (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, the largest motorcycle or bicycle tyre suppliers to Sweden were China ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports. Denmark, the Netherlands, Italy, Taiwan (Chinese), Sri Lanka, India, the UK and the Czech Republic lagged somewhat behind, together comprising a further X%.

Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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, reducing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

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

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

Source: IndexBox Platform

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