Lithuania - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Lithuania: Motorcycle Tire Market Overview 2020
Motorcycle Tire Market Size in Lithuania
The revenue of the motorcycle tire market in Lithuania amounted to $X in 2018, jumping 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, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, the motorcycle tire market reached its peak level and is likely to continue its growth in the immediate term.
Motorcycle Tire Exports
Exports from Lithuania
In 2018, the amount of tyres for motor cycles or bicycles exported from Lithuania amounted to X units, jumping by X% against the previous year. Overall, motorcycle tire exports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, motorcycle tire exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.
In value terms, motorcycle tire exports stood at $X in 2018. Over the period under review, motorcycle tire exports continue to indicate resilient growth. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, motorcycle tire exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.
Motorcycle Tire Imports
Imports into Lithuania
In 2018, the amount of tyres for motor cycles or bicycles imported into Lithuania totaled X units, picking up by X% against the previous year. In general, motorcycle tire imports, however, continue to indicate a drastic contraction. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
In value terms, motorcycle tire imports amounted to $X in 2018. Overall, the total imports indicated a tangible expansion from 2007 to 2018: its value decreased 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 imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, motorcycle tire imports attained their peak and are likely to continue its growth in the immediate term.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the motorcycle tire market in Lithuania. 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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