Motorcycle Tire Price in Ireland - 2023
Contents:
- Motorcycle Tire Price in Ireland (CIF) - 2023
- Motorcycle Tire Price in Ireland (FOB) - 2022
- Motorcycle Tire Imports in Ireland
- Motorcycle Tire Exports in Ireland
Motorcycle Tire Price in Ireland (CIF) - 2023
The average motorcycle tire import price stood at $65.0 per unit in August 2023, growing by 6.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 21% m-o-m. As a result, import price attained the peak level of $89.2 per unit. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($95.0 per unit), while the price for Belgium ($55.5 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 China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Motorcycle Tire Price in Ireland (FOB) - 2022
The average motorcycle tire export price stood at $51 per unit in 2022, declining by -28.7% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 62%. The export price peaked at $72 per unit in 2021, and then fell dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($53 per unit), while the average price for exports to France ($29 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 the UK (+7.5%).
Motorcycle Tire Imports in Ireland
In 2022, the amount of new pneumatic tyres for motorcycles imported into Ireland soared to 35K units, with an increase of 67% compared with the year before. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports expanded markedly to $1.6M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Motorcycle Tire in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 86.9 | 311 | 411 | 444 | 72.2% |
| United Kingdom | 384 | 349 | 350 | 389 | 0.4% |
| Belgium | 11.5 | 217 | 333 | 331 | 206.5% |
| China | 44.2 | 6.0 | 61.0 | 136 | 45.4% |
| France | 478 | 99.6 | 100 | 133 | -34.7% |
| Spain | 176 | 127 | 128 | 65.0 | -28.3% |
| Thailand | 30.9 | N/A | 15.4 | 32.7 | 1.9% |
| Others | 119 | 9.4 | 75.5 | 103 | -4.7% |
| Total | 1,331 | 1,119 | 1,473 | 1,635 | 7.1% |
Top Suppliers of Motorcycle Tire to Ireland in 2022:
- Belgium (10.0K units)
- Germany (9.0K units)
- United Kingdom (6.3K units)
- China (3.5K units)
- France (2.0K units)
- Spain (1.1K units)
- Thailand (0.9K units)
Motorcycle Tire Exports in Ireland
In 2022, motorcycle tire exports from Ireland skyrocketed to 12K units, picking up by 56% against 2021. In general, exports continue to indicate 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 expanded remarkably to $610K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Motorcycle Tire in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 375 | 392 | 517 | 567 | 14.8% |
| Austria | N/A | N/A | N/A | 19.3 | 0% |
| France | N/A | 0.3 | N/A | 18.1 | 676.7% |
| Others | 5.1 | 24.8 | 29.9 | 4.9 | -1.3% |
| Total | 380 | 417 | 547 | 610 | 17.1% |
Top Export Markets for Motorcycle Tire from Ireland in 2022:
- United Kingdom (10.7K units)
- France (0.6K units)
- Austria (0.4K units)
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