Motorcycle Tire Price in Belarus - 2022
Contents:
- Motorcycle Tire Price in Belarus (CIF) - 2022
- Motorcycle Tire Price in Belarus (FOB) - 2022
- Motorcycle Tire Imports in Belarus
- Motorcycle Tire Exports in Belarus
Motorcycle Tire Price in Belarus (CIF) - 2022
The average motorcycle tire import price stood at $27 per unit in 2022, dropping by -6% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +91.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 47%. The import price peaked at $32 per unit in 2014; however, from 2015 to 2022, import prices stood 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 Lithuania ($95 per unit), while the price for China ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Belarus (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $9.6 per unit, rising by 5.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 91%. As a result, the export price attained the peak level of $23 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.4% per year.
Motorcycle Tire Imports in Belarus
In 2022, the amount of new pneumatic tyres for motorcycles imported into Belarus fell notably to 31K units, waning by -15.8% compared with 2021 figures. Over the period under review, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of 37K units, and then shrank remarkably in the following year.
In value terms, motorcycle tire imports reduced sharply to $833K in 2022. In general, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of $1.1M, and then declined dramatically in the following year.
Import of Motorcycle Tire in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 276 | 424 | 692 | 478 | 20.1% |
China | 10.8 | 15.4 | 44.4 | 92.0 | 104.2% |
Lithuania | 11.1 | 3.6 | 52.2 | 68.3 | 83.2% |
United Kingdom | 54.7 | 53.3 | 95.9 | 66.2 | 6.6% |
Japan | 54.0 | 43.5 | 61.0 | 45.0 | -5.9% |
Poland | 16.8 | 22.2 | 38.7 | 29.9 | 21.2% |
Serbia | 20.5 | 28.5 | 20.4 | 20.3 | -0.3% |
Ukraine | 11.5 | 7.0 | 15.4 | 10.6 | -2.7% |
Others | 28.9 | 16.0 | 32.0 | 22.4 | -8.1% |
Total | 484 | 613 | 1,052 | 833 | 19.8% |
Top Suppliers of Motorcycle Tire to Belarus in 2022:
- China (11.6K units)
- Russia (10.0K units)
- Japan (2.3K units)
- United Kingdom (2.2K units)
- Serbia (1.9K units)
- Ukraine (0.7K units)
- Lithuania (0.7K units)
- Poland (0.7K units)
Motorcycle Tire Exports in Belarus
In 2022, the amount of new pneumatic tyres for motorcycles exported from Belarus reduced to 9K units, declining by -9.3% against the previous year. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 174% against the previous year. As a result, the exports reached the peak of 9.9K units, and then fell in the following year.
In value terms, motorcycle tire exports declined to $87K in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. The exports peaked at $91K in 2021, and then dropped slightly in the following year.
Export of Motorcycle Tire in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 74.1 | 32.5 | 90.5 | 86.5 | 5.3% |
Lithuania | N/A | 50.0 | N/A | N/A | 0% |
Others | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
Total | 74.5 | 82.5 | 90.6 | 86.5 | 5.1% |
Top Export Markets for Motorcycle Tire from Belarus in 2022:
- Russia (9.0K units)
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