Motorcycle Tire Price in Iran - 2021
Contents:
- Motorcycle Tire Price in Iran (FOB) - 2022
- Motorcycle Tire Price in Iran (CIF) - 2022
- Motorcycle Tire Exports in Iran
- Motorcycle Tire Imports in Iran
Motorcycle Tire Price in Iran (FOB) - 2022
The average motorcycle tire export price stood at $24 per unit in 2022, growing by 21% against the previous year. Overall, the export price showed a moderate expansion. The most prominent rate of growth was recorded in 2016 an increase of 78%. The export price peaked at $40 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Armenia ($33 per unit) and Ukraine ($29 per unit), while the average price for exports to Turkey ($22 per unit) and Azerbaijan ($22 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in Iran (CIF) - 2022
The average motorcycle tire import price stood at $36 per unit in 2022, picking up by 2.5% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 53%. The import price peaked at $37 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +8.1% per year.
Motorcycle Tire Exports in Iran
In 2022, overseas shipments of new pneumatic tyres for motorcycles decreased by -15.3% to 361K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 50%. Over the period under review, the exports attained the peak figure at 426K units in 2021, and then declined rapidly in the following year.
In value terms, motorcycle tire exports expanded slightly to $8.5M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $8.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Motorcycle Tire in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.5 | 3.6 | 3.4 | 5.7 | 125.1% |
| Azerbaijan | 0.2 | 1.9 | 1.4 | 1.3 | 86.6% |
| Ukraine | 0.1 | 2.4 | 3.3 | 1.0 | 115.4% |
| Armenia | N/A | 0.2 | 0.1 | 0.2 | 0.0% |
| Afghanistan | 5.1 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.8 | 0.2 | 0.3 | -9.1% |
| Total | 6.3 | 8.7 | 8.4 | 8.5 | 10.5% |
Top Export Markets for Motorcycle Tire from Iran in 2022:
- Turkey (257.9K units)
- Azerbaijan (58.2K units)
- Ukraine (34.2K units)
- Armenia (6.9K units)
Motorcycle Tire Imports in Iran
In 2022, purchases abroad of new pneumatic tyres for motorcycles decreased by -12.3% to 75K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 198%. Over the period under review, imports attained the peak figure at 85K units in 2021, and then contracted in the following year.
In value terms, motorcycle tire imports contracted to $2.7M in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 226% against the previous year. Over the period under review, imports attained the peak figure at $3M in 2021, and then shrank in the following year.
| Import of Motorcycle Tire in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 119 | 63.9 | 335 | 2,652 | 181.4% |
| Switzerland | N/A | 394 | 80.2 | N/A | -79.6% |
| China | 242 | 1,241 | 2,149 | N/A | 198.0% |
| Indonesia | 216 | 481 | 218 | N/A | 0.5% |
| Others | 144 | 172 | 168 | N/A | 8.0% |
| Total | 721 | 2,352 | 2,951 | 2,652 | 54.4% |
Top Suppliers of Motorcycle Tire to Iran in 2022:
- United Arab Emirates (74.6K units)
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