Motorcycle Tire Price in Spain - 2023
Contents:
- Motorcycle Tire Price in Spain (FOB) - 2023
- Motorcycle Tire Price in Spain (CIF) - 2023
- Motorcycle Tire Exports in Spain
- Motorcycle Tire Imports in Spain
Motorcycle Tire Price in Spain (FOB) - 2023
The average motorcycle tire export price stood at $67.7 per unit in August 2023, falling by -5.5% against the previous month. Over the period under review, export price indicated temperate growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, motorcycle tire export price decreased by -5.5% against July 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 57% against the previous month. The export price peaked at $73.9 per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($85.5 per unit), while the average price for exports to the Netherlands ($36.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in Spain (CIF) - 2023
In August 2023, the average motorcycle tire import price amounted to $45.0 per unit, waning by -2.4% against the previous month. Over the period under review, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 5.1% month-to-month. Over the period under review, average import prices hit record highs at $51.2 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($63.6 per unit), while the price for China ($26.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in Spain
In 2022, exports of new pneumatic tyres for motorcycles from Spain surged to 4M units, picking up by 29% against the previous year's figure. The total export volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports fell to $118M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $127M, and then declined in the following year.
| Export of Motorcycle Tire in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 19.0 | 19.7 | 23.4 | 30.9 | 17.6% |
| Germany | 21.5 | 22.1 | 24.9 | 21.8 | 0.5% |
| United States | 9.3 | 11.1 | 11.3 | 9.0 | -1.1% |
| Italy | 6.2 | 5.5 | 7.7 | 7.6 | 7.0% |
| Portugal | 8.3 | 7.8 | 12.7 | 6.7 | -6.9% |
| United Kingdom | 5.1 | 4.6 | 4.8 | 5.0 | -0.7% |
| Japan | 3.4 | 2.8 | 3.3 | 3.6 | 1.9% |
| Colombia | 6.5 | 4.1 | 3.4 | 2.8 | -24.5% |
| Thailand | 0.9 | 1.9 | 2.0 | 2.5 | 40.6% |
| Brazil | 2.2 | 3.1 | 1.9 | 2.2 | 0.0% |
| Netherlands | 2.7 | 2.8 | 2.6 | 2.0 | -9.5% |
| Australia | 1.5 | 1.8 | 1.9 | 1.8 | 6.3% |
| China | 0.2 | 0.4 | 0.5 | 1.7 | 104.1% |
| Others | 16.8 | 21.5 | 26.9 | 20.5 | 6.9% |
| Total | 104 | 109 | 127 | 118 | 4.3% |
Top Export Markets for Motorcycle Tire from Spain in 2022:
- France (1021.5K units)
- Germany (694.4K units)
- United States (354.6K units)
- Italy (198.9K units)
- United Kingdom (191.3K units)
- Portugal (137.9K units)
- Japan (133.8K units)
- Colombia (133.2K units)
- Thailand (98.2K units)
- Brazil (87.5K units)
- Netherlands (82.2K units)
- Australia (71.8K units)
- China (68.8K units)
Motorcycle Tire Imports in Spain
In 2022, approx. 3.6M units of new pneumatic tyres for motorcycles were imported into Spain; picking up by 56% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +92.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports totaled $109M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +47.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Motorcycle Tire in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 18.9 | 16.8 | 25.9 | 29.1 | 15.5% |
| Serbia | 19.9 | 18.8 | 23.5 | 23.0 | 4.9% |
| Germany | 10.9 | 12.8 | 17.7 | 16.5 | 14.8% |
| Belgium | 0.2 | 0.2 | 1.4 | 10.0 | 268.4% |
| China | 4.2 | 3.7 | 5.2 | 6.9 | 18.0% |
| Slovenia | 2.2 | 2.5 | 3.5 | 6.7 | 44.9% |
| France | 11.6 | 10.9 | 10.0 | 5.0 | -24.5% |
| Indonesia | 1.8 | 1.9 | 4.1 | 4.5 | 35.7% |
| Brazil | 2.6 | 2.3 | 1.8 | 1.9 | -9.9% |
| Others | 4.2 | 3.6 | 2.5 | 5.0 | 6.0% |
| Total | 76.6 | 73.7 | 95.5 | 109 | 12.5% |
Top Suppliers of Motorcycle Tire to Spain in 2022:
- Thailand (1006.3K units)
- Serbia (948.3K units)
- Germany (414.8K units)
- Belgium (290.2K units)
- China (252.4K units)
- Indonesia (195.0K units)
- Slovenia (194.9K units)
- France (112.3K units)
- Brazil (63.3K units)
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