Central Asia: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Central Asia

The Central Asian motorcycle or bicycle tyre market dropped to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Tyres For Motorcycles or Bicycles in Central Asia

In value terms, motorcycle or bicycle tyre production reduced modestly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Exports of Tyres For Motorcycles or Bicycles

Exports in Central Asia

Motorcycle or bicycle tyre exports was estimated at X units in 2022, surging by X% on the year before. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motorcycle or bicycle tyre exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan was the key exporter of tyres for motorcycles or bicycles in Central Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X units) and Kyrgyzstan (X units), together achieving a X% share of total exports.

Exports from Uzbekistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X) emerged as the largest motorcycle or bicycle tyre supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

In Kazakhstan, motorcycle or bicycle tyre exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Imports of Tyres For Motorcycles or Bicycles

Imports in Central Asia

In 2022, the amount of tyres for motorcycles or bicycles imported in Central Asia was estimated at X units, growing by X% on 2021. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, motorcycle or bicycle tyre imports fell dramatically to $X in 2022. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Uzbekistan dominates imports structure, finishing at X units, which was near X% of total imports in 2022. Kazakhstan (X units) took the second position in the ranking, followed by Turkmenistan (X units). All these countries together took near X% share of total imports. Tajikistan (X units) held a minor share of total imports.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of imports of tyres for motorcycles or bicycles. Tajikistan and Kazakhstan experienced a relatively flat trend pattern. Turkmenistan (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan, Kazakhstan and Turkmenistan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest motorcycle or bicycle tyre importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Turkmenistan ($X), together comprising X% of total imports.

Among the main importing countries, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, waning by X% against the previous year. In general, the import price saw a mild slump. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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