Motorcycle Tire Price in Russia - 2022
Contents:
- Motorcycle Tire Price in Russia (CIF) - 2022
- Motorcycle Tire Price in Russia (FOB) - 2022
- Motorcycle Tire Imports in Russia
- Motorcycle Tire Exports in Russia
Motorcycle Tire Price in Russia (CIF) - 2022
The average motorcycle tire import price stood at $30 per unit in 2022, waning by -2.3% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle tire import price increased by +17.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $35 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Germany ($70 per unit), while the price for Thailand ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Russia (FOB) - 2022
The average motorcycle tire export price stood at $22 per unit in 2022, shrinking by -6.6% against the previous year. In general, the export price showed a slight descent. The pace of growth was the most pronounced in 2019 an increase of 42%. As a result, the export price attained the peak level of $28 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($25 per unit), while the average price for exports to Ukraine ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-0.6%), while the prices for the other major destinations experienced a decline.
Motorcycle Tire Imports in Russia
For the fourth consecutive year, Russia recorded growth in purchases abroad of new pneumatic tyres for motorcycles, which increased by 64% to 465K units in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports soared to $14M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Motorcycle Tire in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,598 | 961 | 1,566 | 4,130 | 37.2% |
China | 937 | 1,084 | 1,678 | 3,317 | 52.4% |
Germany | 808 | 810 | 1,525 | 2,947 | 53.9% |
Serbia | 142 | 119 | 183 | 1,010 | 92.3% |
Thailand | 464 | 254 | 299 | 931 | 26.1% |
Indonesia | 447 | 427 | 675 | 840 | 23.4% |
Taiwan (Chinese) | 114 | 250 | 107 | 421 | 54.6% |
Brazil | 596 | 472 | 467 | 373 | -14.5% |
South Korea | 345 | 293 | 412 | N/A | 9.3% |
Vietnam | 60.9 | 109 | 197 | N/A | 79.9% |
Japan | 95.2 | 567 | 187 | N/A | 40.2% |
Czech Republic | 802 | 1,185 | 1,174 | N/A | 21.0% |
Belarus | 69.1 | 71.3 | 90.5 | N/A | 14.4% |
Others | 44.7 | 85.3 | 150 | 16.2 | -28.7% |
Total | 6,524 | 6,688 | 8,712 | 13,985 | 28.9% |
Top Suppliers of Motorcycle Tire to Russia in 2022:
- China (187.4K units)
- Spain (74.8K units)
- Thailand (54.7K units)
- Serbia (49.2K units)
- Germany (42.3K units)
- Indonesia (34.5K units)
- Taiwan (Chinese) (14.2K units)
- Brazil (7.9K units)
Motorcycle Tire Exports in Russia
In 2022, shipments abroad of new pneumatic tyres for motorcycles decreased by -81.9% to 13K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 98%. As a result, the exports reached the peak of 75K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, motorcycle tire exports dropped rapidly to $290K in 2022. Overall, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. The exports peaked at $1.7M in 2021, and then reduced markedly in the following year.
Export of Motorcycle Tire in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 326 | 566 | 618 | 285 | -4.4% |
Belarus | 170 | 407 | 424 | 3.4 | -72.9% |
Ukraine | 268 | 206 | 154 | 1.3 | -83.1% |
Uzbekistan | 139 | 337 | 319 | N/A | 51.5% |
Moldova | 72.6 | 84.3 | 79.4 | N/A | 4.6% |
Turkmenistan | 33.6 | 70.7 | 47.5 | N/A | 18.9% |
Others | 39.7 | 18.1 | 69.0 | N/A | 31.8% |
Total | 1,048 | 1,689 | 1,711 | 290 | -34.8% |
Top Export Markets for Motorcycle Tire from Russia in 2022:
- Kazakhstan (12.9K units)
- Ukraine (0.1K units)
- Belarus (0.1K units)
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The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
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