Peru - 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 Peru - 2021
Contents:
- Price for Motorcycle or Bicycle Tyre in Peru (CIF) - 2021
- Price for Motorcycle or Bicycle Tyre in Peru (FOB) - 2022
- Imports of Motorcycle or Bicycle Tyre in Peru
- Exports of Motorcycle or Bicycle Tyre in Peru
Price for Motorcycle or Bicycle Tyre in Peru (CIF) - 2021
The average motorcycle or bicycle tyre import price stood at $10.2 per unit in April 2020, stabilizing at the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +8.8%. The pace of growth was the most pronounced in March 2020 when the average import price increased by 28% against the previous month. As a result, import price reached the peak level of $10.3 per unit, leveling off in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($22.5 per unit), while the price for China ($7.2 per unit) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Motorcycle or Bicycle Tyre in Peru (FOB) - 2022
The average motorcycle or bicycle tyre export price stood at $21 per unit in 2022, reducing by -3.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. Over the period under review, the average export prices reached the maximum at $24 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($476 per unit), while the average price for exports to Cuba ($6.7 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 Guyana (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Motorcycle or Bicycle Tyre in Peru
In 2022, after three years of growth, there was decline in overseas purchases of tyres for motorcycles or bicycles, when their volume decreased by -0.2% to 4.5M units. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 36%. Imports peaked at 4.5M units in 2021, and then declined slightly in the following year.
In value terms, motorcycle or bicycle tyre imports declined markedly to $37M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value 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 +42.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of $44M, and then contracted significantly in the following year.
Import of Motorcycle or Bicycle Tyre in Peru (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.2 | 14.7 | 21.4 | 15.7 | 15.5% |
Taiwan (Chinese) | 6.9 | 6.0 | 7.9 | 8.7 | 8.0% |
Vietnam | 1.1 | 1.9 | 2.6 | 3.1 | 41.3% |
India | 3.7 | 3.2 | 4.7 | 2.9 | -7.8% |
Thailand | 0.5 | 0.5 | 1.1 | 1.3 | 37.5% |
Indonesia | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
Others | 3.3 | 3.3 | 5.6 | 4.6 | 11.7% |
Total | 25.7 | 29.6 | 43.5 | 36.6 | 12.5% |
Top Suppliers of Motorcycle or Bicycle Tyre to Peru in 2022:
- China (2323.3K units)
- Taiwan (Chinese) (816.3K units)
- Vietnam (457.1K units)
- India (318.5K units)
- Thailand (182.6K units)
- Indonesia (82.3K units)
Exports of Motorcycle or Bicycle Tyre in Peru
In 2022, exports of tyres for motorcycles or bicycles from Peru declined markedly to 846 units, reducing by -16.7% against 2021. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The exports peaked at 1.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motorcycle or bicycle tyre exports reduced notably to $18K in 2022. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.8% 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 +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of $22K, and then fell markedly in the following year.
Export of Motorcycle or Bicycle Tyre in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 4.8 | 5.6 | 2.5 | 6.2 | 8.9% |
Ecuador | 2.2 | 2.9 | 5.8 | 4.9 | 30.6% |
Bolivia | 0.3 | 1.2 | 6.0 | 1.4 | 67.1% |
Cuba | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
Colombia | 0.6 | 0.6 | 0.9 | 0.5 | -5.9% |
Venezuela | 3.6 | N/A | N/A | N/A | 0% |
Others | 3.8 | 3.0 | 6.7 | 4.0 | 1.7% |
Total | 15.3 | 13.3 | 22.0 | 17.7 | 5.0% |
Top Export Markets for Motorcycle or Bicycle Tyre from Peru in 2022:
- Chile (552.0 units)
- Bolivia (101.0 units)
- Cuba (89.0 units)
- Ecuador (79.0 units)
- Colombia (11.0 units)
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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
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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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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
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.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
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