Motorcycle Tire Price in Bolivia - 2023
Contents:
- Motorcycle Tire Price in Bolivia (CIF) - 2022
- Motorcycle Tire Price in Bolivia (FOB) - 2022
- Motorcycle Tire Imports in Bolivia
- Motorcycle Tire Exports in Bolivia
Motorcycle Tire Price in Bolivia (CIF) - 2022
The average motorcycle tire import price stood at $2.4 per unit in 2022, shrinking by -3.6% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $7.5 per unit. From 2015 to 2022, the average 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 Brazil ($4.6 per unit), while the price for Vietnam ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-8.3%), while the prices for the other major suppliers experienced a decline.
Motorcycle Tire Price in Bolivia (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $43 per unit, picking up by 228% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 5,566% against the previous year. Over the period under review, the average export prices hit record highs at $70 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Cuba.
From 2015 to 2022, the rate of growth in terms of prices for Cuba amounted to +123.0% per year.
Motorcycle Tire Imports in Bolivia
For the fourth consecutive year, Bolivia recorded growth in purchases abroad of new pneumatic tyres for motorcycles, which increased by 6.1% to 2.1M units in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 145%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, motorcycle tire imports expanded slightly to $5.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +72.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Motorcycle Tire in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,198 | 2,078 | 3,825 | 3,862 | 20.7% |
| Brazil | 593 | 411 | 688 | 803 | 10.6% |
| Thailand | 60.4 | 23.0 | 24.8 | 109 | 21.7% |
| Vietnam | 78.2 | 101 | 75.1 | 98.8 | 8.1% |
| Others | 249 | 320 | 323 | 178 | -10.6% |
| Total | 3,178 | 2,933 | 4,935 | 5,051 | 16.7% |
Top Suppliers of Motorcycle Tire to Bolivia in 2022:
- China (1764.4K units)
- Brazil (175.4K units)
- Vietnam (64.3K units)
- Thailand (57.1K units)
Motorcycle Tire Exports in Bolivia
After three years of growth, shipments abroad of new pneumatic tyres for motorcycles decreased by -79.5% to 41 units in 2022. Overall, exports showed a noticeable setback. The growth pace was the most rapid in 2020 with an increase of 235% against the previous year. The exports peaked at 200 units in 2021, and then declined dramatically in the following year.
In value terms, motorcycle tire exports declined dramatically to $1.8K in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 7,258% against the previous year. As a result, the exports reached the peak of $2.6K, and then declined rapidly in the following year.
| Export of Motorcycle Tire in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 0.2 | N/A | 2.6 | 1.8 | 108.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | N/A | 2.6 | 1.8 | 108.0% |
Top Export Markets for Motorcycle Tire from Bolivia in 2022:
- Cuba (41.0 units)
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