Motorcycle Tire Price in Italy - 2023
Contents:
- Motorcycle Tire Price in Italy (CIF) - 2023
- Motorcycle Tire Price in Italy (FOB) - 2023
- Motorcycle Tire Imports in Italy
- Motorcycle Tire Exports in Italy
Motorcycle Tire Price in Italy (CIF) - 2023
The average motorcycle tire import price stood at $42.9 per unit in August 2023, rising by 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in January 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices reached the maximum at $46.0 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($82.4 per unit), while the price for Indonesia ($23.8 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 France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Italy (FOB) - 2023
The average motorcycle tire export price stood at $82.5 per unit in August 2023, increasing by 9.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in April 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices reached the maximum in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the UK ($131 per unit), while the average price for exports to Bulgaria ($60.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Italy
In 2022, approx. 4.1M units of new pneumatic tyres for motorcycles were imported into Italy; surging by 54% against 2021 figures. Over the period under review, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports expanded rapidly to $102M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +51.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Motorcycle Tire in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.8 | 23.8 | 31.7 | 29.0 | 4.0% |
| Serbia | 12.4 | 10.7 | 15.1 | 16.2 | 9.3% |
| China | 6.2 | 6.5 | 8.3 | 13.4 | 29.3% |
| France | 9.4 | 8.2 | 11.4 | 9.1 | -1.1% |
| Indonesia | 5.5 | 5.0 | 10.3 | 8.8 | 17.0% |
| Spain | 5.4 | 4.0 | 5.0 | 5.1 | -1.9% |
| Slovenia | 2.6 | 2.2 | 3.1 | 3.9 | 14.5% |
| Brazil | 6.5 | 3.4 | 3.6 | 2.8 | -24.5% |
| Taiwan (Chinese) | 1.0 | 0.9 | 1.7 | 2.0 | 26.0% |
| Thailand | 1.5 | 1.1 | 2.0 | 1.8 | 6.3% |
| Others | 2.2 | 1.9 | 4.2 | 10.2 | 66.7% |
| Total | 78.4 | 67.7 | 96.5 | 102 | 9.2% |
Top Suppliers of Motorcycle Tire to Italy in 2022:
- Serbia (957.1K units)
- Germany (696.1K units)
- China (672.8K units)
- Indonesia (577.8K units)
- France (224.7K units)
- Taiwan (Chinese) (196.0K units)
- Slovenia (161.3K units)
- Thailand (159.8K units)
- Spain (159.8K units)
- Brazil (133.4K units)
Motorcycle Tire Exports in Italy
Motorcycle tire exports from Italy reduced to 176K units in 2022, dropping by -6.3% compared with the year before. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 188K units, and then shrank in the following year.
In value terms, motorcycle tire exports declined sharply to $9.1M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of $11M, and then contracted significantly in the following year.
| Export of Motorcycle Tire in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,243 | 1,942 | 2,026 | 1,620 | 9.2% |
| France | 1,030 | 825 | 1,444 | 1,442 | 11.9% |
| Spain | 782 | 855 | 1,065 | 897 | 4.7% |
| Russia | 177 | N/A | N/A | 827 | 67.2% |
| Taiwan (Chinese) | N/A | N/A | 183 | 537 | 193.4% |
| Poland | 731 | 705 | 736 | 526 | -10.4% |
| Slovenia | 351 | 188 | 220 | 436 | 7.5% |
| China | N/A | 11.4 | 304 | 251 | 369.2% |
| Netherlands | 101 | 248 | 972 | 210 | 27.6% |
| United Kingdom | 426 | 476 | 1,763 | 187 | -24.0% |
| Croatia | 90.5 | 161 | 253 | 170 | 23.4% |
| Bulgaria | 244 | 62.8 | 137 | 139 | -17.1% |
| Finland | 21.2 | 35.0 | 107 | 138 | 86.7% |
| Others | 2,936 | 3,152 | 1,831 | 1,714 | -16.4% |
| Total | 8,132 | 8,662 | 11,042 | 9,093 | 3.8% |
Top Export Markets for Motorcycle Tire from Italy in 2022:
- France (34.5K units)
- Germany (30.5K units)
- Spain (26.6K units)
- Poland (13.5K units)
- Slovenia (7.1K units)
- Russia (5.7K units)
- Taiwan (Chinese) (5.2K units)
- United Kingdom (5.2K units)
- China (4.4K units)
- Netherlands (3.7K units)
- Croatia (3.6K units)
- Bulgaria (3.2K units)
- Finland (3.0K units)
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