Motorcycle Tire Price in the Czech Republic - 2023
Contents:
- Motorcycle Tire Price in the Czech Republic (FOB) - 2023
- Motorcycle Tire Price in the Czech Republic (CIF) - 2023
- Motorcycle Tire Exports in the Czech Republic
- Motorcycle Tire Imports in the Czech Republic
Motorcycle Tire Price in the Czech Republic (FOB) - 2023
The average motorcycle tire export price stood at $92.6 per unit in August 2023, surging by 51% against the previous month. Overall, export price indicated a prominent increase from August 2022 to August 2023: its price increased at an average monthly rate of +6.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, motorcycle tire export price increased by +144.5% against September 2022 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Poland ($104 per unit), while the average price for exports to Brazil ($26.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in the Czech Republic (CIF) - 2023
The average motorcycle tire import price stood at $73.8 per unit in August 2023, with an increase of 2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 23% month-to-month. Over the period under review, average import prices attained the maximum at $76.9 per unit in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($99.2 per unit), while the price for Vietnam ($16.9 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 (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in the Czech Republic
In 2022, exports of new pneumatic tyres for motorcycles from the Czech Republic soared to 789K units, increasing by 44% on 2021 figures. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +56.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports amounted to $25M in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
Export of Motorcycle Tire in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 5.0 | 5.5 | 8.2 | 12.0 | 33.9% |
Austria | 3.5 | 3.8 | 4.3 | 4.2 | 6.3% |
Slovakia | 1.6 | 1.0 | 2.1 | 2.4 | 14.5% |
Poland | 2.3 | 2.2 | 2.7 | 2.0 | -4.6% |
Germany | 0.5 | 1.4 | 1.9 | 1.9 | 56.0% |
Spain | 1.8 | 1.4 | 0.4 | 0.6 | -30.7% |
South Africa | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
Russia | 0.8 | 1.2 | 1.1 | 0.1 | -50.0% |
Others | 3.0 | 2.9 | 2.6 | 1.3 | -24.3% |
Total | 18.9 | 19.7 | 24.0 | 25.0 | 9.8% |
Top Export Markets for Motorcycle Tire from the Czech Republic in 2022:
- Slovenia (471.0K units)
- Austria (82.7K units)
- Poland (79.8K units)
- Slovakia (52.0K units)
- Germany (29.6K units)
- Spain (17.7K units)
- South Africa (15.3K units)
- Russia (2.6K units)
Motorcycle Tire Imports in the Czech Republic
In 2022, supplies from abroad of new pneumatic tyres for motorcycles increased by 56% to 397K units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports surged to $18M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Motorcycle Tire in the Czech Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.1 | 2.2 | 3.1 | 6.2 | 26.0% |
Belgium | 0.1 | 0.2 | 1.3 | 4.3 | 250.3% |
Poland | 1.0 | 2.6 | 2.5 | 3.0 | 44.2% |
Italy | 1.2 | 2.2 | 2.8 | 2.3 | 24.2% |
Hungary | N/A | 1.0 | 1.2 | 1.2 | 9.5% |
Slovenia | 0.9 | 1.1 | 0.9 | 0.4 | -23.7% |
France | 3.9 | 4.2 | 2.8 | 0.1 | -70.5% |
China | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
Others | 3.5 | 0.7 | 0.7 | 0.8 | -38.9% |
Total | 14.0 | 14.3 | 15.4 | 18.4 | 9.5% |
Top Suppliers of Motorcycle Tire to the Czech Republic in 2022:
- Belgium (113.4K units)
- Germany (90.4K units)
- Poland (71.4K units)
- Hungary (31.1K units)
- Italy (30.0K units)
- Slovenia (25.5K units)
- China (10.3K units)
- France (1.3K 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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