Australia and Oceania: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Australia and Oceania

For the third year in a row, the motorcycle or bicycle tyre market in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Tyres For Motorcycles or Bicycles in Australia and Oceania

In value terms, motorcycle or bicycle tyre production amounted to $X in 2022 estimated in export price. Overall, production showed a precipitous slump. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports in Australia and Oceania

In 2022, overseas shipments of tyres for motorcycles or bicycles were finally on the rise to reach X units after three years of decline. Overall, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, motorcycle or bicycle tyre exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from New Zealand (X units) and Australia (X units), together accounting for X% of total export.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, Australia ($X) remains the largest motorcycle or bicycle tyre supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Tyres For Motorcycles or Bicycles

Imports in Australia and Oceania

In 2022, approx. X units of tyres for motorcycles or bicycles were imported in Australia and Oceania; increasing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, motorcycle or bicycle tyre imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 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 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Australia (X units) represented the main importer of tyres for motorcycles or bicycles, generating X% of total imports. It was distantly followed by New Zealand (X units), committing a X% share of total imports. The following importers - French Polynesia (X units) and Papua New Guinea (X units) - each accounted for a X% share of total imports.

Australia was also the fastest-growing in terms of the tyres for motorcycles or bicycles imports, with a CAGR of X% from 2012 to 2022. At the same time, French Polynesia (X%), Papua New Guinea (X%) and New Zealand (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported tyres for motorcycles or bicycles in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with an X% share of total imports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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