Motorcycle Tire Price in Indonesia - 2022
Contents:
- Motorcycle Tire Price in Indonesia (FOB) - 2022
- Motorcycle Tire Price in Indonesia (CIF) - 2022
- Motorcycle Tire Exports in Indonesia
- Motorcycle Tire Imports in Indonesia
Motorcycle Tire Price in Indonesia (FOB) - 2022
In March 2022, the average motorcycle tire export price amounted to $45.5 per unit, leveling off at the previous month. Overall, the export price, however, saw strong growth. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 119% m-o-m. As a result, the export price reached the peak level of $45.5 per unit, leveling off in the following month.
Average prices varied noticeably for the major foreign markets. In March 2022, the countries with the highest prices were the Philippines ($45.5 per unit) and Vietnam ($45.5 per unit), while the average price for exports to Colombia ($45.5 per unit) and Italy ($45.5 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in Indonesia (CIF) - 2022
In March 2022, the average motorcycle tire import price amounted to $38.8 per unit, approximately equating the previous month. In general, the import price, however, saw resilient growth. The growth pace was the most rapid in February 2022 an increase of 94% m-o-m. As a result, import price reached the peak level of $38.8 per unit, leveling off in the following month.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from India ($38.8 per unit) and Japan ($38.8 per unit), while the price for Thailand ($38.8 per unit) and Spain ($38.8 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in Indonesia
In 2022, exports of new pneumatic tyres for motorcycles from Indonesia skyrocketed to 4M units, rising by 66% compared with the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports soared to $156M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Motorcycle Tire in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 13.4 | 13.3 | 20.8 | 29.1 | 29.5% |
Malaysia | 11.0 | 14.4 | 16.5 | 23.7 | 29.2% |
Italy | 6.3 | 7.3 | 6.4 | 9.7 | 15.5% |
Thailand | 4.2 | 4.2 | 4.9 | 9.6 | 31.7% |
Germany | 3.7 | 4.2 | 4.3 | 8.7 | 33.0% |
Vietnam | 2.5 | 4.3 | 3.6 | 7.8 | 46.1% |
Japan | 5.3 | 5.3 | 6.3 | 7.3 | 11.3% |
United States | 3.6 | 8.1 | 9.1 | 7.0 | 24.8% |
Netherlands | 3.6 | 2.7 | 4.0 | 6.8 | 23.6% |
South Korea | 1.5 | 2.1 | 3.6 | 4.3 | 42.1% |
Colombia | 1.7 | 3.0 | 2.4 | 3.9 | 31.9% |
Spain | 1.6 | 2.2 | 2.1 | 3.6 | 31.0% |
China | 1.8 | 1.5 | 1.8 | 3.4 | 23.6% |
Others | 19.0 | 21.8 | 23.2 | 30.8 | 17.5% |
Total | 79.1 | 94.6 | 109 | 156 | 25.4% |
Top Export Markets for Motorcycle Tire from Indonesia in 2022:
- Philippines (740.2K units)
- Malaysia (603.8K units)
- Italy (247.4K units)
- Thailand (245.2K units)
- Germany (221.5K units)
- Vietnam (199.0K units)
- Japan (185.6K units)
- United States (179.1K units)
- Netherlands (173.6K units)
- South Korea (109.4K units)
- Colombia (100.5K units)
- Spain (92.6K units)
- China (87.2K units)
Motorcycle Tire Imports in Indonesia
In 2022, the amount of new pneumatic tyres for motorcycles imported into Indonesia dropped remarkably to 153K units, waning by -19.2% compared with 2021. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Over the period under review, imports attained the peak figure at 224K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, motorcycle tire imports fell to $6.5M in 2022. Over the period under review, imports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, imports hit record highs at $7.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Motorcycle Tire in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 4,020 | 2,900 | 4,093 | 4,553 | 4.2% |
China | 1,106 | 987 | 955 | 662 | -15.7% |
Japan | 1,056 | 535 | 600 | 373 | -29.3% |
Taiwan (Chinese) | 559 | 403 | 577 | 304 | -18.4% |
Spain | 123 | 164 | 359 | 202 | 18.0% |
Vietnam | 359 | 277 | 384 | 177 | -21.0% |
India | N/A | 3.7 | 222 | 169 | 575.8% |
South Korea | 181 | 209 | 140 | N/A | -12.1% |
Others | 104 | 14.1 | 3.3 | 32.8 | -31.9% |
Total | 7,507 | 5,493 | 7,332 | 6,473 | -4.8% |
Top Suppliers of Motorcycle Tire to Indonesia in 2022:
- South Korea (undefinedK units)
- Thailand (107.3K units)
- China (15.6K units)
- Japan (8.8K units)
- Taiwan (Chinese) (7.2K units)
- Spain (4.8K units)
- Vietnam (4.2K units)
- India (4.0K units)
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Indonesia.
This report provides an in-depth analysis of the aircraft tyre market in Indonesia.
This report provides an in-depth analysis of the tyre market in Indonesia.
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Indonesia.
This report provides an in-depth analysis of the market for truck and bus tyre in Indonesia.
This report provides an in-depth analysis of the passenger car tyre market in Indonesia.
This report provides an in-depth analysis of the soap market in Indonesia.
This report provides an in-depth analysis of the wood fuel market in Indonesia.
This report provides an in-depth analysis of the soap in bars market in Indonesia.
This report provides an in-depth analysis of the skim milk market in Indonesia.
China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported X million units of tyres for motorcycles or bicycles totaling X million USD, X% over the previous year. Its primary trading partner was Nigeria, where
The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...