Motorcycle Tire Price in Greece - 2023
Contents:
- Motorcycle Tire Price in Greece (CIF) - 2023
- Motorcycle Tire Price in Greece (FOB) - 2022
- Motorcycle Tire Imports in Greece
- Motorcycle Tire Exports in Greece
Motorcycle Tire Price in Greece (CIF) - 2023
In August 2023, the average motorcycle tire import price amounted to $42.8 per unit, reducing by -16.4% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 24% month-to-month. As a result, import price reached the peak level of $52.7 per unit. From May 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($71.7 per unit), while the price for Vietnam ($15.3 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 Slovenia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Greece (FOB) - 2022
The average motorcycle tire export price stood at $20 per unit in 2022, falling by -69.2% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 66%. The export price peaked at $66 per unit in 2021, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($143 per unit), while the average price for exports to Slovakia ($3.2 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 Albania (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Greece
In 2022, motorcycle tire imports into Greece skyrocketed to 620K units, rising by 33% compared with the previous year. In general, imports, however, saw a mild decrease. Imports peaked at 654K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, motorcycle tire imports expanded sharply to $14M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Motorcycle Tire in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 1.3 | 1.6 | 2.8 | 2.9 | 30.7% |
Serbia | 2.3 | 2.1 | 2.6 | 2.0 | -4.6% |
China | 0.8 | 0.8 | 1.4 | 2.0 | 35.7% |
France | 2.0 | 1.7 | 1.5 | 1.9 | -1.7% |
Slovenia | 1.1 | 1.3 | 2.0 | 1.8 | 17.8% |
Thailand | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
Vietnam | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
Others | 2.9 | 2.2 | 2.4 | 2.8 | -1.2% |
Total | 10.9 | 10.3 | 13.0 | 14.1 | 9.0% |
Top Suppliers of Motorcycle Tire to Greece in 2022:
- China (235.1K units)
- Indonesia (105.0K units)
- Serbia (67.1K units)
- France (57.5K units)
- Slovenia (47.1K units)
- Vietnam (38.4K units)
- Thailand (19.2K units)
Motorcycle Tire Exports in Greece
Motorcycle tire exports from Greece skyrocketed to 6.9K units in 2022, with an increase of 213% on the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports shrank modestly to $140K in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $145K, and then shrank in the following year.
Export of Motorcycle Tire in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | 44.1 | 41.3 | 120 | 102 | 32.2% |
Slovakia | N/A | N/A | N/A | 15.2 | 0% |
Italy | N/A | 6.9 | 0.9 | 7.4 | 3.6% |
Hungary | N/A | N/A | 0.9 | 6.7 | 644.4% |
Spain | N/A | 3.6 | N/A | 3.6 | 0.0% |
Germany | 58.0 | 30.9 | 18.4 | N/A | -43.7% |
Others | 7.2 | 27.1 | 4.6 | 5.3 | -9.7% |
Total | 109 | 110 | 145 | 140 | 8.7% |
Top Export Markets for Motorcycle Tire from Greece in 2022:
- Slovakia (4.7K units)
- Cyprus (1.5K units)
- Hungary (0.4K units)
- Italy (0.2K units)
- Spain (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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