Italy - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Motorcycle or Bicycle Tyre in Italy - 2023
Contents:
- Price for Motorcycle or Bicycle Tyre in Italy (CIF) - 2023
- Price for Motorcycle or Bicycle Tyre in Italy (FOB) - 2023
- Imports of Motorcycle or Bicycle Tyre in Italy
- Exports of Motorcycle or Bicycle Tyre in Italy
Price for Motorcycle or Bicycle Tyre in Italy (CIF) - 2023
The average motorcycle or bicycle tyre import price stood at $19.2 per unit in June 2023, leveling off at the previous month. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in January 2023 an increase of 29% month-to-month. The import price peaked at $19.4 per unit in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($25.2 per unit), while the price for Sri Lanka ($2.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Motorcycle or Bicycle Tyre in Italy (FOB) - 2023
The average motorcycle or bicycle tyre export price stood at $23.8 per unit in June 2023, shrinking by -6.3% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 5% m-o-m. The export price peaked at $28.6 per unit in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Russia ($40.1 per unit), while the average price for exports to Thailand ($4.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Motorcycle or Bicycle Tyre in Italy
In 2022, motorcycle or bicycle tyre imports into Italy declined to 20M units, approximately equating 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports attained the peak of 20M units, and then fell in the following year.
In value terms, motorcycle or bicycle tyre imports expanded markedly to $206M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Motorcycle or Bicycle Tyre in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 23.9 | 19.3 | 35.1 | 42.4 | 21.1% |
Germany | 33.6 | 31.7 | 41.8 | 41.6 | 7.4% |
China | 11.9 | 12.6 | 22.5 | 26.0 | 29.8% |
France | 15.2 | 15.3 | 22.7 | 22.3 | 13.6% |
Serbia | 12.4 | 10.7 | 15.3 | 16.2 | 9.3% |
Indonesia | 6.6 | 6.1 | 13.6 | 15.8 | 33.8% |
Taiwan (Chinese) | 3.8 | 3.8 | 6.0 | 8.9 | 32.8% |
Vietnam | 2.5 | 3.3 | 3.6 | 2.5 | 0.0% |
Sri Lanka | 0.7 | 0.9 | 0.9 | 1.9 | 39.5% |
India | 0.1 | 0.1 | 0.8 | 1.2 | 128.9% |
Others | 18.1 | 13.9 | 18.5 | 27.4 | 14.8% |
Total | 129 | 118 | 181 | 206 | 16.9% |
Top Suppliers of Motorcycle or Bicycle Tyre to Italy in 2022:
- Thailand (5.9M units)
- China (4.3M units)
- Indonesia (2.8M units)
- France (1.3M units)
- Germany (1.2M units)
- Serbia (0.8M units)
- Sri Lanka (0.8M units)
- Taiwan (Chinese) (0.6M units)
- Vietnam (0.5M units)
- India (0.4M units)
Exports of Motorcycle or Bicycle Tyre in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of tyres for motorcycles or bicycles, which increased by 8.3% to 3.6M units in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, motorcycle or bicycle tyre exports rose sharply to $65M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Motorcycle or Bicycle Tyre in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.2 | 6.8 | 9.1 | 11.0 | 21.1% |
France | 6.7 | 7.2 | 11.3 | 10.5 | 16.2% |
Netherlands | 3.7 | 4.7 | 6.0 | 9.0 | 34.5% |
Spain | 4.5 | 6.1 | 7.5 | 8.2 | 22.1% |
United Kingdom | 5.7 | 5.4 | 7.0 | 6.2 | 2.8% |
Belgium | 2.1 | 2.4 | 3.4 | 2.8 | 10.1% |
Switzerland | 0.3 | 0.5 | 1.6 | 1.9 | 85.0% |
Poland | 1.3 | 1.3 | 1.5 | 1.8 | 11.5% |
Czech Republic | 2.0 | 2.9 | 1.2 | 0.9 | -23.4% |
Portugal | 0.4 | 0.2 | 0.5 | 0.7 | 20.5% |
Croatia | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
Colombia | 0.1 | 0.4 | 0.3 | 0.5 | 71.0% |
Bulgaria | 0.3 | 0.1 | 0.2 | 0.5 | 18.6% |
Others | 5.2 | 6.7 | 8.8 | 10.3 | 25.6% |
Total | 39.0 | 45.1 | 59.0 | 64.9 | 18.5% |
Top Export Markets for Motorcycle or Bicycle Tyre from Italy in 2022:
- France (749.5K units)
- Netherlands (497.6K units)
- Germany (450.1K units)
- Spain (443.7K units)
- United Kingdom (287.1K units)
- Belgium (149.5K units)
- Switzerland (146.0K units)
- Poland (112.5K units)
- Croatia (86.0K units)
- Colombia (69.1K units)
- Portugal (59.4K units)
- Bulgaria (58.2K units)
- Czech Republic (47.9K units)
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Italy. 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.
Product coverage:
- Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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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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