Motorcycle Tire Price in Denmark - 2023
Contents:
- Motorcycle Tire Price in Denmark (CIF) - 2023
- Motorcycle Tire Price in Denmark (FOB) - 2022
- Motorcycle Tire Imports in Denmark
- Motorcycle Tire Exports in Denmark
Motorcycle Tire Price in Denmark (CIF) - 2023
In August 2023, the average motorcycle tire import price amounted to $88.7 per unit, picking up by 4.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 69% m-o-m. The import price peaked at $118 per unit in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($128 per unit), while the price for Vietnam ($27.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Denmark (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $17 per unit, dropping by -49.9% against the previous year. Overall, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs at $36 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($96 per unit), while the average price for exports to Poland ($9.4 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 South Sudan (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Denmark
Motorcycle tire imports into Denmark soared to 121K units in 2022, rising by 91% on 2021. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 107%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, motorcycle tire imports soared to $5.5M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 118%. As a result, imports reached the peak of $5.6M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Motorcycle Tire in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,538 | 4,380 | 1,325 | 2,298 | 14.3% |
Turkey | 33.4 | 34.8 | 575 | 1,223 | 232.1% |
Taiwan (Chinese) | 228 | 185 | 210 | 402 | 20.8% |
France | 28.5 | 263 | 326 | 365 | 134.0% |
Sweden | 34.1 | 107 | 6.6 | 308 | 108.3% |
Italy | 212 | 125 | 224 | 256 | 6.5% |
Spain | 123 | 182 | 60.1 | 131 | 2.1% |
China | 14.8 | 64.3 | 186 | 81.6 | 76.7% |
Thailand | 9.4 | 5.2 | 4.3 | 57.4 | 82.8% |
Poland | 165 | 104 | 30.3 | 38.4 | -38.5% |
Vietnam | 36.2 | 54.2 | 37.4 | N/A | 1.6% |
Others | 161 | 129 | 66.5 | 323 | 26.1% |
Total | 2,584 | 5,632 | 3,050 | 5,482 | 28.5% |
Top Suppliers of Motorcycle Tire to Denmark in 2022:
- Taiwan (Chinese) (32.4K units)
- Germany (30.1K units)
- Turkey (29.1K units)
- Thailand (5.5K units)
- Italy (5.4K units)
- China (4.3K units)
- France (4.0K units)
- Sweden (3.8K units)
- Spain (1.4K units)
- Poland (0.5K units)
Motorcycle Tire Exports in Denmark
In 2022, exports of new pneumatic tyres for motorcycles from Denmark soared to 12K units, with an increase of 328% compared with the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports surged to $200K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Motorcycle Tire in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 0.1 | N/A | 0.1 | 83.3 | 840.9% |
Norway | 19.6 | 50.7 | 48.6 | 58.7 | 44.1% |
Sweden | 9.1 | 5.4 | 6.2 | 12.4 | 10.9% |
Germany | 6.6 | 6.8 | 5.3 | 7.5 | 4.4% |
Others | 19.2 | 23.5 | 33.2 | 38.3 | 25.9% |
Total | 54.5 | 86.4 | 93.4 | 200 | 54.2% |
Top Export Markets for Motorcycle Tire from Denmark in 2022:
- Poland (8.8K units)
- Norway (2.1K units)
- Sweden (0.4K units)
- Germany (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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