Motorcycle Tire Price in Kenya - 2021
Contents:
- Motorcycle Tire Price in Kenya (CIF) - 2022
- Motorcycle Tire Price in Kenya (FOB) - 2022
- Motorcycle Tire Imports in Kenya
- Motorcycle Tire Exports in Kenya
Motorcycle Tire Price in Kenya (CIF) - 2022
In 2022, the average motorcycle tire import price amounted to $13 per unit, with a decrease of -17.2% against the previous year. In general, the import price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 94% against the previous year. Over the period under review, average import prices attained the maximum at $16 per unit in 2021, and then dropped sharply in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($17 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Motorcycle Tire Price in Kenya (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $28 per unit, dropping by -21.5% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2016 an increase of 138% against the previous year. The export price peaked at $39 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +55.2% per year.
Motorcycle Tire Imports in Kenya
In 2022, overseas purchases of new pneumatic tyres for motorcycles decreased by -41.4% to 641K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports attained the peak of 1.5M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, motorcycle tire imports plummeted to $8.3M in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 139% against the previous year. Imports peaked at $17M in 2021, and then contracted notably in the following year.
| Import of Motorcycle Tire in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 7.7 | 9.2 | 4.8 | 21.1% |
| China | 2.0 | 3.6 | 4.2 | 2.0 | 0.0% |
| Uganda | 1.7 | 4.0 | 2.9 | 1.4 | -6.3% |
| Others | 0.2 | 0.4 | 0.9 | 0.1 | -20.6% |
| Total | 6.5 | 15.6 | 17.1 | 8.3 | 8.5% |
Top Suppliers of Motorcycle Tire to Kenya in 2022:
- India (387.1K units)
- China (167.9K units)
- Uganda (80.2K units)
Motorcycle Tire Exports in Kenya
For the third consecutive year, Kenya recorded decline in shipments abroad of new pneumatic tyres for motorcycles, which decreased by -95.1% to 5 units in 2022. In general, exports continue to indicate a precipitous decrease. The smallest decline of -32.3% was in 2020. Over the period under review, the exports attained the peak figure at 254 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, motorcycle tire exports fell notably to $142 in 2022. Overall, exports showed a sharp setback. The growth pace was the most rapid in 2020 with an increase of 0.5% against the previous year. The exports peaked at $3.7K in 2021, and then dropped dramatically in the following year.
| Export of Motorcycle Tire in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1.0 | 45.0 | 133 | 142 | 421.7% |
| South Sudan | 20.0 | 606 | 138 | N/A | 162.7% |
| Ethiopia | 1,243 | 1,597 | 2,869 | N/A | 51.9% |
| Democratic Republic of the Congo | 1,749 | 1,422 | 546 | N/A | -44.1% |
| Seychelles | 487 | N/A | N/A | N/A | 0% |
| Others | 193 | 40.0 | 41.0 | N/A | -53.9% |
| Total | 3,693 | 3,710 | 3,727 | 142 | -66.2% |
Top Export Markets for Motorcycle Tire from Kenya in 2022:
- Rwanda (5.0 units)
389
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Kenya.
344
This report provides an in-depth analysis of the aircraft tyre market in Kenya.
684
This report provides an in-depth analysis of the tyre market in Kenya.
374
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Kenya.
424
This report provides an in-depth analysis of the market for truck and bus tyre in Kenya.
501
This report provides an in-depth analysis of the passenger car tyre market in Kenya.
602
This report provides an in-depth analysis of the wood fuel market in Kenya.
1012
This report provides an in-depth analysis of the soap in bars market in Kenya.
384
This report provides an in-depth analysis of the skim milk market in Kenya.
416
This report provides an in-depth analysis of the roundwood market in Kenya.
1220
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
477
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.
2372
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
99
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.
963
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...
1064
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...
647
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...
797
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...
2302
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 ...
664
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 ...
