Motorcycle Tire Price in Luxembourg - 2023
Contents:
- Motorcycle Tire Price in Luxembourg (CIF) - 2023
- Motorcycle Tire Price in Luxembourg (FOB) - 2022
- Motorcycle Tire Imports in Luxembourg
- Motorcycle Tire Exports in Luxembourg
Motorcycle Tire Price in Luxembourg (CIF) - 2023
In July 2023, the average motorcycle tire import price amounted to $40.0 per unit, approximately equating the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6% m-o-m. The import price peaked in July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Netherlands ($40.0 per unit) and Belgium ($40.0 per unit), while the price for France ($40.0 per unit) and Germany ($40.0 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Luxembourg (FOB) - 2022
In 2022, the average motorcycle tire export price amounted to $26 per unit, declining by -40.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 56%. As a result, the export price reached the peak level of $188 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,882 per unit), while the average price for exports to France ($23 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 Germany (+31.2%), while the prices for the other major destinations experienced a decline.
Motorcycle Tire Imports in Luxembourg
In 2022, the amount of new pneumatic tyres for motorcycles imported into Luxembourg soared to 207K units, rising by 176% against 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports soared to $5.6M in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 110%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Motorcycle Tire in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 82.5 | 903 | 2,055 | 4,119 | 268.2% |
Belgium | 257 | 971 | 295 | 823 | 47.4% |
Germany | 248 | 304 | 436 | 399 | 17.2% |
France | 207 | 190 | 211 | 144 | -11.4% |
United States | 258 | N/A | N/A | N/A | 0% |
Others | 88.2 | 33.0 | 40.4 | 71.8 | -6.6% |
Total | 1,142 | 2,400 | 3,037 | 5,557 | 69.5% |
Top Suppliers of Motorcycle Tire to Luxembourg in 2022:
- Netherlands (178.6K units)
- Belgium (20.8K units)
- Germany (4.2K units)
- France (1.9K units)
Motorcycle Tire Exports in Luxembourg
Motorcycle tire exports from Luxembourg soared to 35K units in 2022, rising by 3,694% on the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports soared to $928K in 2022. 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.
Export of Motorcycle Tire in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 17.3 | 23.9 | 10.9 | 803 | 259.4% |
Belgium | 12.5 | 10.1 | 21.7 | 48.3 | 56.9% |
Others | 5.1 | 2.8 | 8.4 | 77.1 | 147.3% |
Total | 34.8 | 36.7 | 41.1 | 928 | 198.8% |
Top Export Markets for Motorcycle Tire from Luxembourg in 2022:
- France (34.2K units)
- Belgium (0.9K 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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