Motorcycle Tire Price in Israel - 2023
Contents:
Motorcycle Tire Price in Israel (CIF) - 2022
The average motorcycle tire import price stood at $42 per unit in 2022, surging by 9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2015 an increase of 22%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($42 per unit) and China ($42 per unit), while the price for Vietnam ($42 per unit) and Spain ($42 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Imports in Israel
In 2022, after three years of growth, there was significant decline in purchases abroad of new pneumatic tyres for motorcycles, when their volume decreased by -13.2% to 166K units. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +29.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports attained the peak of 191K units, and then declined in the following year.
In value terms, motorcycle tire imports fell to $7M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +62.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37%. As a result, imports attained the peak of $7.4M, and then fell in the following year.
| Import of Motorcycle Tire in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 1,344 | N/A | 1,946 | 20.3% |
| Netherlands | 44.0 | 966 | 12.0 | 1,554 | 228.1% |
| Taiwan (Chinese) | 352 | 615 | 671 | 789 | 30.9% |
| Spain | 1,021 | 564 | 1,569 | 700 | -11.8% |
| Japan | 272 | 538 | 325 | 535 | 25.3% |
| China | 541 | 270 | 1,765 | 316 | -16.4% |
| Slovenia | 193 | 211 | 182 | 301 | 16.0% |
| Germany | 610 | 379 | 768 | 253 | -25.4% |
| Brazil | 214 | N/A | 108 | 163 | -8.7% |
| Turkey | 97.0 | 145 | 221 | 134 | 11.4% |
| Vietnam | 89.0 | 104 | 40.9 | 119 | 10.2% |
| Indonesia | 370 | 90.0 | 391 | 45.0 | -50.5% |
| Thailand | 238 | N/A | 469 | N/A | 40.4% |
| Others | 306 | 178 | 901 | 187 | -15.1% |
| Total | 4,347 | 5,404 | 7,422 | 7,042 | 17.4% |
Top Suppliers of Motorcycle Tire to Israel in 2022:
- Switzerland (45.9K units)
- Netherlands (36.6K units)
- Taiwan (Chinese) (18.6K units)
- Spain (16.5K units)
- Japan (12.6K units)
- China (7.4K units)
- Slovenia (7.1K units)
- Germany (6.0K units)
- Brazil (3.8K units)
- Turkey (3.2K units)
- Vietnam (2.8K units)
- Indonesia (1.1K units)
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