Motorcycle Tire Price in Japan - 2023
Contents:
- Motorcycle Tire Price in Japan (FOB) - 2022
- Motorcycle Tire Price in Japan (CIF) - 2022
- Motorcycle Tire Exports in Japan
- Motorcycle Tire Imports in Japan
Motorcycle Tire Price in Japan (FOB) - 2022
The average motorcycle tire export price stood at $45 per unit in 2022, declining by -1.6% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 86%. The export price peaked at $46 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Brazil ($45 per unit) and Australia ($45 per unit), while the average price for exports to Taiwan (Chinese) ($45 per unit) and Thailand ($45 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 Belgium (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in Japan (CIF) - 2022
The average motorcycle tire import price stood at $42 per unit in 2022, surging by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady 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 Thailand ($42 per unit) and Germany ($42 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in Japan
In 2022, approx. 2.8M units of new pneumatic tyres for motorcycles were exported from Japan; picking up by 14% on the previous year. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs at 2.8M units in 2019; afterwards, it flattened through to 2022.
In value terms, motorcycle tire exports expanded sharply to $126M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Motorcycle Tire in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.1 | 0.1 | 14.1 | 60.1 | 743.9% |
| United States | 13.5 | 17.2 | 24.0 | 29.1 | 29.2% |
| Netherlands | 3.8 | 3.0 | 4.6 | 7.2 | 23.7% |
| Colombia | 1.7 | 1.7 | 2.9 | 4.1 | 34.1% |
| Taiwan (Chinese) | 3.1 | 2.6 | 2.5 | 3.1 | 0.0% |
| Australia | 2.1 | 2.0 | 2.7 | 2.7 | 8.7% |
| Thailand | 0.9 | 1.9 | 2.7 | 2.7 | 44.2% |
| France | 52.0 | 46.6 | 43.4 | 1.3 | -70.8% |
| Others | 14.3 | 12.3 | 15.5 | 16.1 | 4.0% |
| Total | 91.7 | 87.4 | 112 | 126 | 11.2% |
Top Export Markets for Motorcycle Tire from Japan in 2022:
- Belgium (1342.3K units)
- United States (650.2K units)
- Netherlands (161.9K units)
- Colombia (91.4K units)
- Taiwan (Chinese) (68.6K units)
- Thailand (60.1K units)
- Australia (59.8K units)
- France (29.9K units)
Motorcycle Tire Imports in Japan
In 2022, the amount of new pneumatic tyres for motorcycles imported into Japan declined to 1.3M units, reducing by -7.9% on 2021 figures. Overall, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 9.5% against the previous year. As a result, imports reached the peak of 1.4M units, and then contracted in the following year.
In value terms, motorcycle tire imports declined slightly to $55M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, imports reached the peak of $56M, and then contracted slightly in the following year.
| Import of Motorcycle Tire in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 12.6 | 13.1 | 17.5 | 16.0 | 8.3% |
| Indonesia | 5.4 | 5.6 | 7.0 | 8.9 | 18.1% |
| China | 5.6 | 6.9 | 8.0 | 7.3 | 9.2% |
| Taiwan (Chinese) | 6.7 | 6.9 | 6.7 | 5.9 | -4.1% |
| Germany | 4.3 | 4.4 | 6.0 | 5.0 | 5.2% |
| Spain | 4.0 | 4.2 | 4.5 | 4.6 | 4.8% |
| United States | 2.2 | 1.5 | 1.1 | 2.1 | -1.5% |
| Others | 5.3 | 6.4 | 4.9 | 5.3 | 0.0% |
| Total | 46.0 | 49.0 | 55.8 | 55.2 | 6.3% |
Top Suppliers of Motorcycle Tire to Japan in 2022:
- Thailand (383.8K units)
- Indonesia (213.8K units)
- China (175.3K units)
- Taiwan (Chinese) (142.3K units)
- Germany (119.9K units)
- Spain (109.7K units)
- United States (49.6K units)
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