Motorcycle Tire Price in Estonia - 2023
Contents:
- Motorcycle Tire Price in Estonia (CIF) - 2022
- Motorcycle Tire Price in Estonia (FOB) - 2022
- Motorcycle Tire Imports in Estonia
- Motorcycle Tire Exports in Estonia
Motorcycle Tire Price in Estonia (CIF) - 2022
In 2022, the average motorcycle tire import price amounted to $51 per unit, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13%. As a result, import price attained the peak level of $55 per unit. From 2015 to 2022, the average import prices remained at a 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 France ($126 per unit), while the price for China ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Estonia (FOB) - 2022
The average motorcycle tire export price stood at $66 per unit in 2022, rising by 45% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle tire export price increased by +47.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($153 per unit), while the average price for exports to Sweden ($28 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 Russia (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.
Motorcycle Tire Imports in Estonia
In 2022, the amount of new pneumatic tyres for motorcycles imported into Estonia surged to 25K units, rising by 35% against 2021. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, motorcycle tire imports soared to $1.3M in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Motorcycle Tire in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 78.8 | 238 | 337 | 564 | 92.7% |
| Czech Republic | 119 | 126 | 244 | 231 | 24.7% |
| China | 6.8 | 1.5 | 67.1 | 231 | 223.9% |
| Latvia | 114 | 74.3 | 73.0 | 95.6 | -5.7% |
| Germany | 31.3 | 36.4 | 53.5 | 65.6 | 28.0% |
| Finland | 13.4 | 23.6 | 35.6 | 45.4 | 50.2% |
| France | 82.7 | 57.5 | 94.3 | 12.5 | -46.7% |
| Russia | 19.9 | 1.2 | 5.5 | N/A | -47.4% |
| Others | 71.6 | 25.6 | 27.3 | 30.6 | -24.7% |
| Total | 538 | 585 | 937 | 1,275 | 33.3% |
Top Suppliers of Motorcycle Tire to Estonia in 2022:
- China (8.3K units)
- Poland (8.0K units)
- Czech Republic (5.6K units)
- Latvia (1.3K units)
- Finland (0.6K units)
- Germany (0.6K units)
- France (0.1K units)
Motorcycle Tire Exports in Estonia
In 2022, shipments abroad of new pneumatic tyres for motorcycles decreased by -0.8% to 5.7K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, the exports attained the peak of 5.7K units, leveling off in the following year.
In value terms, motorcycle tire exports skyrocketed to $378K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Motorcycle Tire in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 59.4 | 86.3 | 112 | 135 | 31.5% |
| Turkey | N/A | N/A | N/A | 84.1 | 0% |
| Finland | 55.6 | 36.0 | 73.6 | 62.7 | 4.1% |
| Kazakhstan | N/A | N/A | N/A | 41.6 | 0% |
| Lithuania | 13.4 | 12.4 | 45.8 | 27.9 | 27.7% |
| United Arab Emirates | N/A | N/A | N/A | 18.1 | 0% |
| Others | 11.2 | 21.1 | 31.6 | 8.6 | -8.4% |
| Total | 140 | 156 | 263 | 378 | 39.2% |
Top Export Markets for Motorcycle Tire from Estonia in 2022:
- Latvia (2774.0 units)
- Finland (1027.0 units)
- Lithuania (748.0 units)
- Turkey (594.0 units)
- Kazakhstan (297.0 units)
- United Arab Emirates (118.0 units)
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