Motorcycle Tire Price in Chile - 2023
Contents:
- Motorcycle Tire Price in Chile (CIF) - 2023
- Motorcycle Tire Price in Chile (FOB) - 2022
- Motorcycle Tire Imports in Chile
- Motorcycle Tire Exports in Chile
Motorcycle Tire Price in Chile (CIF) - 2023
The average motorcycle tire import price stood at $38.2 per unit in September 2023, jumping by 698% against the previous month. In general, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($85.2 per unit), while the price for Vietnam ($12.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Chile (FOB) - 2022
The average motorcycle tire export price stood at $45 per unit in 2022, waning by -1.7% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54%. The export price peaked at $523 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($45 per unit), while the average price for exports to Paraguay ($45 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+52.5%), while the prices for the other major destinations experienced a decline.
Motorcycle Tire Imports in Chile
In 2022, overseas purchases of new pneumatic tyres for motorcycles decreased by -34% to 432K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 304% against the previous year. As a result, imports attained the peak of 654K units, and then contracted sharply in the following year.
In value terms, motorcycle tire imports shrank markedly to $4.7M in 2022. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 144% against the previous year. As a result, imports reached the peak of $7.6M, and then dropped notably in the following year.
| Import of Motorcycle Tire in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 789 | 904 | 3,016 | 1,632 | 27.4% |
| Thailand | 261 | 182 | 616 | 559 | 28.9% |
| Taiwan (Chinese) | 556 | 486 | 767 | 355 | -13.9% |
| Japan | 279 | 300 | 764 | 311 | 3.7% |
| Brazil | 314 | 354 | 634 | 280 | -3.7% |
| Indonesia | 91.2 | 107 | 167 | 237 | 37.5% |
| Others | 961 | 778 | 1,625 | 1,362 | 12.3% |
| Total | 3,252 | 3,111 | 7,590 | 4,736 | 13.3% |
Top Suppliers of Motorcycle Tire to Chile in 2022:
- China (354.9K units)
- Thailand (13.5K units)
- Taiwan (Chinese) (12.1K units)
- Brazil (11.2K units)
- Indonesia (7.4K units)
- Japan (5.7K units)
Motorcycle Tire Exports in Chile
In 2022, shipments abroad of new pneumatic tyres for motorcycles decreased by -6% to 5.8K units, falling for the second consecutive year after two years of growth. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 69,260% against the previous year. As a result, the exports reached the peak of 6.9K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, motorcycle tire exports contracted to $258K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 49,841% against the previous year. The exports peaked at $279K in 2021, and then fell in the following year.
| Export of Motorcycle Tire in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | N/A | 193 | 237 | 247 | 13.1% |
| Paraguay | 0.1 | N/A | 31.1 | 6.3 | 297.9% |
| Peru | 0.2 | 11.4 | 11.1 | 5.1 | 194.3% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.4 | 205 | 279 | 258 | 764.0% |
Top Export Markets for Motorcycle Tire from Chile in 2022:
- Bolivia (5.5K units)
- Paraguay (0.1K units)
- Peru (0.1K units)
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