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Hungary - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Motorcycle Tire Market Overview 2020

Motorcycle Tire Market Size in Hungary

The revenue of the motorcycle tire market in Hungary amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, motorcycle tire consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, the motorcycle tire market reached its peak level and is likely to continue its growth in the immediate term.

Motorcycle Tire Production in Hungary

In value terms, motorcycle tire production amounted to $X in 2018 estimated in export prices. Over the period under review, motorcycle tire production continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, motorcycle tire production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Motorcycle Tire Exports

Exports from Hungary

In 2018, the motorcycle tire exports from Hungary stood at X units, picking up by X% against the previous year. In general, motorcycle tire exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, motorcycle tire exports amounted to $X in 2018. In general, motorcycle tire exports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Romania (X units) was the main destination for motorcycle tire exports from Hungary, accounting for a X% share of total exports. Moreover, motorcycle tire exports to Romania exceeded the volume sent to the second major destination, Austria (X units), twofold. The third position in this ranking was occupied by the Netherlands (X units), with a X% share.

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

In value terms, Austria ($X) remains the key foreign market for motorcycle tire exports from Hungary, comprising X% of total motorcycle tire exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Austria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Croatia (+X% per year).

Export Prices by Country

In 2018, the average motorcycle tire export price amounted to $X per unit, shrinking by -X% against the previous year. In general, the motorcycle tire export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Croatia ($X per unit), while the average price for exports to Slovakia ($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 Austria, while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle Tire Imports

Imports into Hungary

In 2018, the amount of tyres for motor cycles or bicycles imported into Hungary totaled X units, reducing by -X% against the previous year. Over the period under review, motorcycle tire imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. In that year, motorcycle tire imports reached their peak of X units. From 2009 to 2018, the growth of motorcycle tire imports failed to regain its momentum.

In value terms, motorcycle tire imports stood at $X in 2018. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, motorcycle tire imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Germany (X units) constituted the largest supplier of motorcycle tire to Hungary, accounting for a X% share of total imports. Moreover, motorcycle tire imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was occupied by Thailand (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Thailand (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of motorcycle tire to Hungary, comprising X% of total motorcycle tire imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Slovenia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Slovenia (+X% per year).

Import Prices by Country

In 2018, the average motorcycle tire import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price indicated resilient growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. In that year, the average import prices for tyres for motor cycles or bicycles reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

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 motorcycle tire market in Hungary. 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 2030.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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