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

Market Size for Tyres for Motorcycles or Bicycles in Portugal

The Portuguese motorcycle or bicycle tire market fell dramatically to $X in 2020, which is down by -X% against the previous year. In general, the total consumption 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, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Motorcycle or bicycle tire consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Production of Tyres for Motorcycles or Bicycles in Portugal

In value terms, motorcycle or bicycle tire production reduced to $X in 2020 estimated in export prices. Overall, production, however, showed a dramatic decrease. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Tyres for Motorcycles or Bicycles

Exports from Portugal

In 2020, approx. X units of tyres for motorcycles or bicycles were exported from Portugal; picking up by X% compared with the previous year's figure. In general, exports continue to indicate modest growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, motorcycle or bicycle tire exports contracted remarkably to $X in 2020. Overall, exports continue to indicate strong growth. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Romania (X units) and France (X units) were the main destinations of motorcycle or bicycle tire exports from Portugal, with a combined X% share of total exports. Italy, the Netherlands, Hong Kong SAR and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Italy, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for motorcycle or bicycle tire exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average motorcycle or bicycle tire export price amounted to $X per unit, falling by -X% against the previous year. In general, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

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

Imports of Tyres for Motorcycles or Bicycles

Imports into Portugal

Motorcycle or bicycle tire imports into Portugal declined to X units in 2020, shrinking by -X% against the previous year. Over the period under review, total imports indicated slight growth from 2007 to 2020: its volume 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 2018 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, motorcycle or bicycle tire imports shrank rapidly to $X in 2020. Overall, total imports indicated perceptible growth 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 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Thailand (X units) constituted the largest motorcycle or bicycle tire supplier to Portugal, with a X% share of total imports. Moreover, motorcycle or bicycle tire imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Sri Lanka (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Thailand ($X), Spain ($X) and China ($X) constituted the largest motorcycle or bicycle tire suppliers to Portugal, together comprising X% of total imports. These countries were followed by France, Germany, the Netherlands and Sri Lanka, which together accounted for a further X Lanka recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average motorcycle or bicycle tire import price amounted to $X per unit, shrinking by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. from 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, 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. India (61M units) ranked third in terms of total consumption with a 8.2% share.
What are the largest producers of tyres for motorcycles or bicycles in the world?
+
China (303M units) constituted the country with the largest volume of motorcycle or bicycle tire production, 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 Portugal?
+
In value terms, the largest motorcycle or bicycle tire suppliers to Portugal were Thailand ($5.7M), Spain ($3.6M) and China ($2.7M), with a combined 65% share of total imports. These countries were followed by France, Germany, the Netherlands and Sri Lanka, which together accounted for a further 26%.
What are the leading importers of tyres for motorcycles or bicycles from Portugal?
+
In value terms, Spain ($709K) remains the key foreign market for motorcycle or bicycle tire exports from Portugal, comprising 66% of total exports. The second position in the ranking was occupied by France ($125K), with a 12% share of total exports. It was followed by the Netherlands, with a 6.5% share.
What is the average export price for tyres for motorcycles or bicycles in Portugal?
+
In 2020, the average motorcycle or bicycle tire export price amounted to $13 per unit, waning by -42.6% against the previous year.
What is the average import price for tyres for motorcycles or bicycles in Portugal?
+
The average motorcycle or bicycle tire import price stood at $5.1 per unit in 2020, reducing by -15.3% 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 Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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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