Greece: Motorcycle Tire Market Overview 2020

Motorcycle Tire Market Size in Greece

The revenue of the motorcycle tire market in Greece amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, motorcycle tire consumption continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the motorcycle tire market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Motorcycle Tire Exports

Exports from Greece

In 2018, the amount of tyres for motor cycles or bicycles exported from Greece totaled X units, falling by -X% against the previous year. Overall, motorcycle tire exports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X units in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, motorcycle tire exports stood at $X in 2018. Over the period under review, motorcycle tire exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Albania (X units) was the main destination for motorcycle tire exports from Greece, accounting for a X% share of total exports. Moreover, motorcycle tire exports to Albania exceeded the volume sent to the second major destination, Cyprus (X units), eightfold. Malta (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Albania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+X% per year) and Malta (+X% per year).

In value terms, the largest markets for motorcycle tire exported from Greece were Cyprus ($X), Albania ($X) and the Netherlands ($X), together accounting for X% of total exports.

Cyprus recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motorcycle tire export price stood at $X per unit in 2018, waning by -X% against the previous year. In general, the motorcycle tire export price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% y-o-y. In that year, the average export prices for tyres for motor cycles or bicycles reached their peak level of $X per unit. From 2017 to 2018, the growth in terms of the average export prices for tyres for motor cycles or bicycles remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per unit), while the average price for exports to Albania ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle Tire Imports

Imports into Greece

Motorcycle tire imports into Greece stood at X units in 2018, shrinking by -X% against the previous year. Overall, motorcycle tire imports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, motorcycle tire imports amounted to $X in 2018. Over the period under review, motorcycle tire imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. In that year, motorcycle tire imports attained their peak of $X. From 2009 to 2018, the growth of motorcycle tire imports remained at a lower figure.

Imports by Country

China (X units), Viet Nam (X units) and Germany (X units) were the main suppliers of motorcycle tire imports to Greece, together accounting for X% of total imports. These countries were followed by the UK, Serbia, Spain, France, Italy, Bangladesh, Indonesia, India and Brazil, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest motorcycle tire suppliers to Greece were the UK ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports.

The UK experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average motorcycle tire import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, motorcycle tire import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. In that year, the average import prices for tyres for motor cycles or bicycles attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for Viet Nam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform