Motorcycle Tire Price in Saudi Arabia - 2021
Contents:
Motorcycle Tire Price in Saudi Arabia (FOB) - 2022
The average motorcycle tire export price stood at $63 per unit in 2022, surging by 50% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The export price peaked at $77 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2020 to 2022, the rate of growth in terms of prices for Sudan amounted to +1,526.7% per year.
Motorcycle Tire Exports in Saudi Arabia
In 2022, the amount of new pneumatic tyres for motorcycles exported from Saudi Arabia soared to 121 units, picking up by 23% compared with 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,100% against the previous year. As a result, the exports attained the peak of 144 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, motorcycle tire exports surged to $7.6K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,165%. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Motorcycle Tire in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | N/A | N/A | 6.9 | 0% | |
| Tunisia | 5.3 | N/A | N/A | 0% | |
| Sudan | 5.7 | 0.7 | N/A | -87.7% | |
| Others | N/A | 3.4 | 0.7 | -79.4% | |
| Total | 11.1 | 4.1 | 7.6 | -17.3% | |
Top Export Markets for Motorcycle Tire from Saudi Arabia in 2022:
- Canada (113.0 units)
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