Latvia - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Latvia: Motorcycle Tire Market Overview 2020
Motorcycle Tire Market Size in Latvia
The revenue of the motorcycle tire market in Latvia amounted to $X in 2018, coming down 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). Overall, motorcycle tire consumption continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. In that year, the motorcycle tire market reached its peak level of $X. From 2012 to 2018, the growth of the motorcycle tire market remained at a somewhat lower figure.
Motorcycle Tire Exports
Exports from Latvia
Motorcycle tire exports from Latvia amounted to X units in 2018, going up by X% against the previous year. Over the period under review, motorcycle tire exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to see steady growth in the near future.
In value terms, motorcycle tire exports amounted to $X in 2018. Overall, motorcycle tire exports continue to indicate prominent growth. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, motorcycle tire exports attained their maximum in 2018 and are expected to retain its growth in the near future.
Motorcycle Tire Imports
Imports into Latvia
Motorcycle tire imports into Latvia stood at X units in 2018, growing by X% against the previous year. Over the period under review, motorcycle tire imports, however, continue to indicate a deep drop. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X units in 2012; however, from 2013 to 2018, imports remained at a lower figure.
In value terms, motorcycle tire imports totaled $X in 2018. Over the period under review, motorcycle tire imports, however, continue to indicate modest growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, motorcycle tire imports attained their peak of $X. From 2012 to 2018, the growth of motorcycle tire imports remained at a lower figure.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the motorcycle tire market in Latvia. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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