Italy: Market for Tyres For Motorcycles or Bicycles 2024

Market Size for Tyres For Motorcycles or Bicycles in Italy

The Italian motorcycle or bicycle tyre market expanded sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Tyres For Motorcycles or Bicycles in Italy

In value terms, motorcycle or bicycle tyre production totaled $X in 2022 estimated in export price. Over the period under review, production, however, posted a noticeable increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Exports of Tyres For Motorcycles or Bicycles

Exports from Italy

For the fifth year in a row, Italy recorded growth in overseas shipments of tyres for motorcycles or bicycles, which increased by X% to X units in 2022. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, motorcycle or bicycle tyre exports expanded rapidly to $X in 2022. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X units), the Netherlands (X units) and Germany (X units) were the main destinations of motorcycle or bicycle tyre exports from Italy, together accounting for X% of total exports. Spain, the UK, Belgium, Switzerland, Poland, Croatia, Colombia, Bulgaria and Portugal lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest markets for motorcycle or bicycle tyre exported from Italy worldwide, with a combined X% share of total exports. Spain, the UK, Belgium, Switzerland, Poland, Portugal, Croatia, Bulgaria and Colombia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Croatia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motorcycle or bicycle tyre export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports into Italy

In 2022, the amount of tyres for motorcycles or bicycles imported into Italy declined modestly to X units, dropping by X% compared with the year before. Over the period under review, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, motorcycle or bicycle tyre imports expanded remarkably to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Thailand (X units), China (X units) and Indonesia (X units) were the main suppliers of motorcycle or bicycle tyre imports to Italy, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Germany ($X) and China ($X) appeared to be the largest motorcycle or bicycle tyre suppliers to Italy, with a combined X% share of total imports. France, Serbia, Indonesia, Brazil, Vietnam and Sri Lanka lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Indonesia, 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 average motorcycle or bicycle tyre import price amounted to $X per unit, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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