Motorcycle Tire Price in Croatia - 2023

Contents:

  1. Motorcycle Tire Price in Croatia (CIF) - 2023
  2. Motorcycle Tire Price in Croatia (FOB) - 2022
  3. Motorcycle Tire Imports in Croatia
  4. Motorcycle Tire Exports in Croatia

Motorcycle Tire Price in Croatia (CIF) - 2023

The average motorcycle tire import price stood at $75.5 per unit in August 2023, leveling off at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 27% m-o-m. The import price peaked at $76.3 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($109 per unit), while the price for Poland ($52.4 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Motorcycle Tire Price in Croatia (FOB) - 2022

In 2022, the average motorcycle tire export price amounted to $32 per unit, falling by -32.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 54% against the previous year. The export price peaked at $69 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($104 per unit), while the average price for exports to Bosnia and Herzegovina ($27 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 (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle Tire Imports in Croatia

Motorcycle tire imports into Croatia skyrocketed to 82K units in 2022, with an increase of 40% on the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle tire imports expanded to $3.7M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Motorcycle Tire in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8009101,4121,19014.2%
Slovenia7047748938456.3%
Italy10926725358775.3%
Poland12114033042552.0%
Hungary373360343354-1.7%
Belgium12.012.48.9124117.8%
Serbia6.612.712.823.552.7%
France2291156.816.4-58.5%
Others89.410423587.3-0.8%
Total2,4442,6953,4943,65314.3%

Top Suppliers of Motorcycle Tire to Croatia in 2022:

  1. Germany (21.8K units)
  2. Slovenia (21.6K units)
  3. Poland (14.3K units)
  4. Italy (11.7K units)
  5. Hungary (7.4K units)
  6. Belgium (2.4K units)
  7. Serbia (1.1K units)
  8. France (0.2K units)

Motorcycle Tire Exports in Croatia

In 2022, overseas shipments of new pneumatic tyres for motorcycles decreased by -1% to 4.4K units, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 359% against the previous year. As a result, the exports attained the peak of 6.3K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motorcycle tire exports reduced sharply to $144K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 579% against the previous year. As a result, the exports attained the peak of $296K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Motorcycle Tire in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina24.860.195.286.151.4%
Slovenia7.931.829.420.938.3%
Serbia0.310681.919.8304.1%
Montenegro2.04.13.314.191.7%
Poland6.791.33.50.2-69.0%
Others1.92.32.52.59.6%
Total43.629621614448.9%

Top Export Markets for Motorcycle Tire from Croatia in 2022:

  1. Bosnia and Herzegovina (3225.0 units)
  2. Slovenia (628.0 units)
  3. Montenegro (339.0 units)
  4. Serbia (190.0 units)
  5. Poland (2.0 units)

Source: IndexBox Market Intelligence Platform

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