Motorcycle Tire Price in Lithuania - 2023
Contents:
- Motorcycle Tire Price in Lithuania (CIF) - 2023
- Motorcycle Tire Price in Lithuania (FOB) - 2022
- Motorcycle Tire Imports in Lithuania
- Motorcycle Tire Exports in Lithuania
Motorcycle Tire Price in Lithuania (CIF) - 2023
The average motorcycle tire import price stood at $76.1 per unit in September 2023, rising by 2.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in November 2022 an increase of 40% against the previous month. Over the period under review, average import prices hit record highs at $84.4 per unit in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($111 per unit), while the price for Estonia ($51.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Lithuania (FOB) - 2022
The average motorcycle tire export price stood at $54 per unit in 2022, shrinking by -5.5% against the previous year. In general, the export price showed a drastic downturn. The growth pace was the most rapid in 2017 an increase of 72% against the previous year. Over the period under review, the average export prices hit record highs at $101 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($92 per unit), while the average price for exports to Estonia ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Lithuania
In 2022, imports of new pneumatic tyres for motorcycles into Lithuania amounted to 27K units, growing by 3.6% against the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, motorcycle tire imports soared to $1.8M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Motorcycle Tire in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 516 | 473 | 763 | 1,142 | 30.3% |
| Germany | 137 | 192 | 358 | 241 | 20.7% |
| Latvia | 171 | 123 | 135 | 152 | -3.9% |
| Estonia | 22.3 | 15.2 | 46.0 | 38.5 | 20.0% |
| France | 151 | 148 | 29.4 | 36.8 | -37.5% |
| China | 2.3 | 7.8 | 20.3 | 35.1 | 148.0% |
| Czech Republic | 5.6 | 10.7 | 6.5 | 10.4 | 22.9% |
| Others | 72.3 | 188 | 104 | 94.9 | 9.5% |
| Total | 1,078 | 1,157 | 1,462 | 1,751 | 17.5% |
Top Suppliers of Motorcycle Tire to Lithuania in 2022:
- Poland (16.4K units)
- China (3.3K units)
- Germany (2.2K units)
- Latvia (2.0K units)
- Estonia (0.8K units)
- Czech Republic (0.7K units)
- France (0.4K units)
Motorcycle Tire Exports in Lithuania
In 2022, the amount of new pneumatic tyres for motorcycles exported from Lithuania skyrocketed to 11K units, growing by 127% compared with 2021 figures. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports soared to $611K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Motorcycle Tire in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | N/A | N/A | 212 | 0% |
| Kazakhstan | N/A | N/A | N/A | 160 | 0% |
| Russia | 230 | 211 | 136 | 122 | -19.1% |
| Belarus | 2.1 | 168 | 95.7 | 60.9 | 207.2% |
| Latvia | 5.4 | 8.5 | 17.4 | 21.5 | 58.5% |
| Poland | 16.3 | 21.9 | 29.1 | 18.7 | 4.7% |
| Estonia | 0.7 | 0.2 | 5.3 | 5.7 | 101.2% |
| Others | 8.8 | 45.6 | 0.6 | 9.8 | 3.7% |
| Total | 264 | 455 | 285 | 611 | 32.3% |
Top Export Markets for Motorcycle Tire from Lithuania in 2022:
- Kazakhstan (5.4K units)
- Kyrgyzstan (2.3K units)
- Russia (1.6K units)
- Belarus (0.7K units)
- Estonia (0.3K units)
- Poland (0.3K units)
- Latvia (0.3K units)
505
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Lithuania.
104
This report provides an in-depth analysis of the aircraft tyre market in Lithuania.
169
This report provides an in-depth analysis of the tyre market in Lithuania.
169
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Lithuania.
682
This report provides an in-depth analysis of the market for truck and bus tyre in Lithuania.
465
This report provides an in-depth analysis of the passenger car tyre market in Lithuania.
154
This report provides an in-depth analysis of the wood fuel market in Lithuania.
121
This report provides an in-depth analysis of the soap in bars market in Lithuania.
143
This report provides an in-depth analysis of the skim milk market in Lithuania.
156
This report provides an in-depth analysis of the roundwood market in Lithuania.
1231
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
503
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.
2466
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
123
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.
978
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...
1080
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...
659
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...
812
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...
2322
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 ...
678
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 ...
