Motorcycle Tire Price in Paraguay - 2023
Contents:
- Motorcycle Tire Price in Paraguay (CIF) - 2022
- Motorcycle Tire Price in Paraguay (FOB) - 2022
- Motorcycle Tire Imports in Paraguay
- Motorcycle Tire Exports in Paraguay
Motorcycle Tire Price in Paraguay (CIF) - 2022
In 2022, the average motorcycle tire import price amounted to $42 per unit, jumping by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($42 per unit), while the price for Hong Kong SAR ($9.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Paraguay (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $40 per unit, waning by -46.2% against the previous year. Over the period under review, the export price, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 108%. As a result, the export price attained the peak level of $208 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +44.6% per year.
Motorcycle Tire Imports in Paraguay
In 2022, approx. 211K units of new pneumatic tyres for motorcycles were imported into Paraguay; rising by 21% against the previous year's figure. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, motorcycle tire imports skyrocketed to $8.9M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +71.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Motorcycle Tire in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,612 | 2,024 | 2,345 | 2,892 | 3.5% |
| China | 2,135 | 1,132 | 1,485 | 2,795 | 9.4% |
| Vietnam | 1,271 | 1,501 | 1,597 | 2,078 | 17.8% |
| Spain | 46.9 | 65.4 | 80.2 | 292 | 84.0% |
| Thailand | 149 | 160 | 83.5 | 240 | 17.2% |
| Indonesia | 13.5 | 53.6 | 53.1 | 209 | 149.2% |
| Hong Kong SAR | 3.0 | 6.6 | 20.1 | 35.3 | 127.4% |
| Others | 462 | 230 | 383 | 309 | -12.5% |
| Total | 6,691 | 5,173 | 6,047 | 8,850 | 9.8% |
Top Suppliers of Motorcycle Tire to Paraguay in 2022:
- Brazil (68.1K units)
- China (65.9K units)
- Vietnam (49.0K units)
- Spain (6.9K units)
- Thailand (5.6K units)
- Indonesia (4.9K units)
- Hong Kong SAR (3.7K units)
Motorcycle Tire Exports in Paraguay
In 2022, approx. 23 units of new pneumatic tyres for motorcycles were exported from Paraguay; rising by 156% against the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports surged to $922 in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% 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 +88.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Motorcycle Tire in Paraguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 488 | 572 | 671 | 922 | 23.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 488 | 572 | 671 | 922 | 23.6% |
Top Export Markets for Motorcycle Tire from Paraguay in 2022:
- Chile (23.0 units)
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