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Bulgaria - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Overview of the Market for Tyres for Motorcycles or Bicycles 2021

Market Size for Tyres for Motorcycles or Bicycles in Bulgaria

In 2020, the Bulgarian motorcycle or bicycle tire market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a pronounced increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Exports of Tyres for Motorcycles or Bicycles

Exports from Bulgaria

Motorcycle or bicycle tire exports from Bulgaria soared to X units in 2020, with an increase of X% compared with 2019. In general, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X units in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, motorcycle or bicycle tire exports soared to $X in 2020. Over the period under review, exports showed a prominent expansion. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Serbia (X units), Greece (X units) and Turkey (X units) were the main destinations of motorcycle or bicycle tire exports from Bulgaria, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Slovenia ($X) and Greece ($X) constituted the largest markets for motorcycle or bicycle tire exported from Bulgaria worldwide, together accounting for X% of total exports.

Serbia (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average motorcycle or bicycle tire export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price continues to indicate notable growth. The pace of growth was the most pronounced in 2016 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per unit. from 2017 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Montenegro ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres for Motorcycles or Bicycles

Imports into Bulgaria

Motorcycle or bicycle tire imports into Bulgaria dropped remarkably to X units in 2020, with a decrease of -X% compared with 2019. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, motorcycle or bicycle tire imports rose notably to $X in 2020. Over the period under review, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are likely to continue growth in the near future.

Imports by Country

Germany (X units), Viet Nam (X units) and China (X units) were the main suppliers of motorcycle or bicycle tire imports to Bulgaria, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of motorcycle or bicycle tire to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

The average motorcycle or bicycle tire import price stood at $X per unit in 2020, rising by X% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for motorcycles or bicycles in the world?
+
China (161M units) remains the largest motorcycle or bicycle tire consuming country worldwide, comprising approx. 21% of total volume. Moreover, motorcycle or bicycle tire consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (69M units), twofold. India (61M units) ranked third in terms of total consumption with a 8.2% share.
What are the largest producers of tyres for motorcycles or bicycles in the world?
+
China (303M units) remains the largest motorcycle or bicycle tire producing country worldwide, accounting for 40% of total volume. Moreover, motorcycle or bicycle tire production in China exceeded the figures recorded by the second-largest producer, India (81M units), fourfold. The third position in this ranking was occupied by the U.S. (55M units), with a 7.3% share.
What are the leading suppliers of tyres for motorcycles or bicycles to Bulgaria?
+
In value terms, Germany ($5.7M) constituted the largest supplier of motorcycle or bicycle tire to Bulgaria, comprising 58% of total imports. The second position in the ranking was occupied by Viet Nam ($1.9M), with a 20% share of total imports. It was followed by Indonesia, with a 4.3% share.
What are the leading importers of tyres for motorcycles or bicycles from Bulgaria?
+
In value terms, Serbia ($57K), Slovenia ($53K) and Greece ($34K) were the largest markets for motorcycle or bicycle tire exported from Bulgaria worldwide, together accounting for 45% of total exports.
What is the average export price for tyres for motorcycles or bicycles in Bulgaria?
+
The average motorcycle or bicycle tire export price stood at $6.7 per unit in 2020, rising by 62% against the previous year.
What is the average import price for tyres for motorcycles or bicycles in Bulgaria?
+
In 2020, the average motorcycle or bicycle tire import price amounted to $5.9 per unit, rising by 47% against the previous year.

Product coverage:
• Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles

This report provides an in-depth analysis of the market for motorcycle or bicycle tire in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bulgaria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bulgaria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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