Motorcycle Tire Price in Algeria - 2022
Contents:
- Motorcycle Tire Price in Algeria (CIF) - 2022
- Motorcycle Tire Price in Algeria (FOB) - 2022
- Motorcycle Tire Imports in Algeria
- Motorcycle Tire Exports in Algeria
Motorcycle Tire Price in Algeria (CIF) - 2022
The average motorcycle tire import price stood at $15 per unit in 2022, with an increase of 50% against the previous year. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 69%. As a result, import price attained the peak level of $27 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 Taiwan (Chinese) ($22 per unit), while the price for Thailand ($8.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Motorcycle Tire Price in Algeria (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $95 per unit, falling by -6.3% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 24%. The export price peaked at $102 per unit in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.2% per year.
Motorcycle Tire Imports in Algeria
In 2022, after three years of growth, there was significant decline in supplies from abroad of new pneumatic tyres for motorcycles, when their volume decreased by -22.4% to 250K units. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 75% against the previous year. Over the period under review, imports reached the maximum at 322K units in 2021, and then reduced dramatically in the following year.
In value terms, motorcycle tire imports skyrocketed to $3.7M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Motorcycle Tire in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,840 | 3,645 | 2,750 | 2,840 | 0.0% |
Turkey | 71.2 | 33.3 | 29.1 | 204 | 42.0% |
Thailand | 123 | 202 | 168 | 173 | 12.0% |
Taiwan (Chinese) | 58.3 | 130 | 96.2 | 87.6 | 14.5% |
Others | 223 | 205 | 133 | 391 | 20.6% |
Total | 3,315 | 4,215 | 3,176 | 3,696 | 3.7% |
Top Suppliers of Motorcycle Tire to Algeria in 2022:
- China (203.8K units)
- Thailand (21.4K units)
- Turkey (11.8K units)
- Taiwan (Chinese) (3.9K units)
Motorcycle Tire Exports in Algeria
In 2022, overseas shipments of new pneumatic tyres for motorcycles increased by 7.1% to 30 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt slump. The exports peaked at 39 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, motorcycle tire exports stood at $2.9K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at $2.9K in 2019; afterwards, it flattened through to 2022.
Export of Motorcycle Tire in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 2.9 | 1.5 | 2.9 | 2.9 | 0.0% |
Niger | N/A | 1.3 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.9 | 2.9 | 2.9 | 2.9 | 0.0% |
Top Export Markets for Motorcycle Tire from Algeria in 2022:
- Canada (30.0 units)
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China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported X million units of tyres for motorcycles or bicycles totaling X million USD, X% over the previous year. Its primary trading partner was Nigeria, where
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