Overview of the Global Market for Tyres For Motorcycles or Bicycles

Market Size for Tyres For Motorcycles or Bicycles

The global motorcycle or bicycle tyre market contracted slightly to $X in 2021, dropping by -X% against the previous year. Over the period under review, consumption saw a mild slump. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Tyres For Motorcycles or Bicycles

In value terms, motorcycle or bicycle tyre production shrank slightly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Global production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Tyres For Motorcycles or Bicycles

Exports

For the third consecutive year, the global market recorded growth in overseas shipments of tyres for motorcycles or bicycles, which increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle or bicycle tyre exports surged to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2021. Thailand (X tons) took the second position in the ranking, followed by Indonesia (X tons) and Germany (X tons). All these countries together took near X% share of total exports. The following exporters - India (X tons), Spain (X tons), Vietnam (X tons), Japan (X tons), France (X tons), Serbia (X tons) and the Netherlands (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to motorcycle or bicycle tyre exports from China stood at +X%. At the same time, the Netherlands (+X%), Serbia (+X%), Spain (+X%), India (+X%), Thailand (+X%), Indonesia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Vietnam experienced a relatively flat trend pattern. By contrast, France (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of France (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motorcycle or bicycle tyre supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Germany ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In China, motorcycle or bicycle tyre exports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2021, the average motorcycle or bicycle tyre export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Tyres For Motorcycles or Bicycles

Imports

Global motorcycle or bicycle tyre imports rose remarkably to X tons in 2021, picking up by X% on 2020 figures. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorcycle or bicycle tyre imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of motorcycle or bicycle tyre imports in 2021 were Mexico (X tons), Germany (X tons), Colombia (X tons), Italy (X tons), France (X tons), the Netherlands (X tons), the United States (X tons), Brazil (X tons), Spain (X tons), Japan (X tons), Ghana (X tons) and Taiwan (Chinese) (X tons), together finishing at X% of total import. Peru (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Ghana (with a CAGR of +X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of global imports. France, the Netherlands, Spain, Colombia, Mexico, Japan, Brazil, Taiwan (Chinese), Ghana and Peru lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average motorcycle or bicycle tyre import price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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