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

Market Size for Tyres for Motorcycles or Bicycles in Hungary

The Hungarian motorcycle or bicycle tire market expanded significantly to $X in 2020, growing by X% against the previous year. Overall, the total consumption indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Motorcycle or bicycle tire consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Production of Tyres for Motorcycles or Bicycles in Hungary

In value terms, motorcycle or bicycle tire production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production posted prominent growth. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. Motorcycle or bicycle tire production peaked in 2020 and is expected to retain growth in the immediate term.

Exports of Tyres for Motorcycles or Bicycles

Exports from Hungary

Motorcycle or bicycle tire exports from Hungary was estimated at X units in 2020, with an increase of X% compared with 2019 figures. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, motorcycle or bicycle tire exports soared to $X in 2020. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are likely to see steady growth in years to come.

Exports by Country

Austria (X units), Romania (X units) and the Czech Republic (X units) were the main destinations of motorcycle or bicycle tire exports from Hungary, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Austria (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the Czech Republic ($X) and Romania ($X) constituted the largest markets for motorcycle or bicycle tire exported from Hungary worldwide, together comprising X% of total exports.

Austria (+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, growing by X% against the previous year. Overall, the export price saw prominent growth. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Serbia ($X per unit), while the average price for exports to Romania ($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 Serbia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres for Motorcycles or Bicycles

Imports into Hungary

Motorcycle or bicycle tire imports into Hungary shrank to X units in 2020, which is down by -X% on 2019. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of X units. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, motorcycle or bicycle tire imports declined to $X in 2020. Over the period under review, total imports indicated a temperate expansion from 2007 to 2020: its value increased 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. Based on 2020 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then fell in the following year.

Imports by Country

In 2020, Germany (X units) constituted the largest motorcycle or bicycle tire supplier to Hungary, accounting for a X% share of total imports. Moreover, motorcycle or bicycle 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 Slovenia (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Slovenia (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Slovenia (+X% per year).

Import Prices by Country

The average motorcycle or bicycle tire import price stood at $X per unit in 2020, surging by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2007 to 2020: its price increased 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. Based on 2020 figures, motorcycle or bicycle tire import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2020 and is likely to see gradual growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), 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) constituted the country with the largest volume of motorcycle or bicycle tire consumption, 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. The third position in this ranking was occupied by India (61M units), 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, comprising approx. 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 U.S. (55M units) ranked third in terms of total production with a 7.3% share.
What are the leading suppliers of tyres for motorcycles or bicycles to Hungary?
+
In value terms, Germany ($3.6M) constituted the largest supplier of motorcycle or bicycle tire to Hungary, comprising 33% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($888K), with a 8% share of total imports. It was followed by Slovenia, with a 7.5% share.
What are the leading importers of tyres for motorcycles or bicycles from Hungary?
+
In value terms, Austria ($1.6M), the Czech Republic ($932K) and Romania ($388K) appeared to be the largest markets for motorcycle or bicycle tire exported from Hungary worldwide, with a combined 71% share of total exports.
What is the average export price for tyres for motorcycles or bicycles in Hungary?
+
The average motorcycle or bicycle tire export price stood at $33 per unit in 2020, growing by 19% against the previous year.
What is the average import price for tyres for motorcycles or bicycles in Hungary?
+
The average motorcycle or bicycle tire import price stood at $7.2 per unit in 2020, increasing by 8.7% 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 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 2025.


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 2007–2020
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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