Motorcycle Tire Price in the United Arab Emirates - 2021
Contents:
- Motorcycle Tire Price in the United Arab Emirates (FOB) - 2022
- Motorcycle Tire Price in the United Arab Emirates (CIF) - 2022
- Motorcycle Tire Exports in the United Arab Emirates
- Motorcycle Tire Imports in the United Arab Emirates
Motorcycle Tire Price in the United Arab Emirates (FOB) - 2022
The average motorcycle tire export price stood at $34 per unit in 2022, increasing by 7.8% against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 88%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($39 per unit), while the average price for exports to Uganda ($4.7 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 Afghanistan (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in the United Arab Emirates (CIF) - 2022
In 2022, the average motorcycle tire import price amounted to $24 per unit, surging by 11% against the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $31 per unit in 2012; however, from 2013 to 2022, 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 Germany ($42 per unit), while the price for Pakistan ($8.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in the United Arab Emirates
In 2022, the amount of new pneumatic tyres for motorcycles exported from the United Arab Emirates skyrocketed to 703K units, with an increase of 861% compared with 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports soared to $24M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Motorcycle Tire in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | N/A | N/A | N/A | 7.3 | 0% |
China | N/A | N/A | N/A | 4.9 | 0% |
Iraq | N/A | N/A | N/A | 1.5 | 0% |
Pakistan | N/A | N/A | N/A | 1.5 | 0% |
Somalia | N/A | N/A | N/A | 1.5 | 0% |
Sudan | N/A | N/A | N/A | 1.4 | 0% |
Afghanistan | N/A | N/A | N/A | 1.3 | 0% |
Syrian Arab Republic | N/A | N/A | N/A | 1.1 | 0% |
Lebanon | N/A | N/A | N/A | 1.0 | 0% |
Jordan | N/A | N/A | N/A | 0.6 | 0% |
Iran | 0.4 | 1.5 | 2.2 | 0.1 | -37.0% |
Others | 0.2 | 0.2 | 0.1 | 2.0 | 115.4% |
Total | 0.6 | 1.7 | 2.3 | 24.2 | 242.9% |
Top Export Markets for Motorcycle Tire from the United Arab Emirates in 2022:
- Yemen (186.7K units)
- Pakistan (124.6K units)
- China (123.7K units)
- Somalia (38.2K units)
- Iraq (37.3K units)
- Sudan (35.3K units)
- Afghanistan (32.4K units)
- Syrian Arab Republic (27.7K units)
- Lebanon (24.5K units)
- Jordan (16.2K units)
- Iran (3.3K units)
Motorcycle Tire Imports in the United Arab Emirates
In 2022, the amount of new pneumatic tyres for motorcycles imported into the United Arab Emirates soared to 865K units, jumping by 37% compared with 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, motorcycle tire imports skyrocketed to $21M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 89%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Motorcycle Tire in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.9 | 1.4 | 4.6 | 8.9 | 114.6% |
Thailand | 0.6 | 0.4 | 0.4 | 2.9 | 69.1% |
Indonesia | 0.5 | 0.1 | 0.2 | 2.2 | 63.9% |
India | 2.1 | 1.8 | 3.6 | 2.1 | 0.0% |
Japan | N/A | N/A | 0.1 | 1.2 | 1100.0% |
Germany | 0.2 | 0.6 | 0.7 | 0.8 | 58.7% |
Vietnam | 0.2 | 0.1 | 0.3 | 0.6 | 44.2% |
Taiwan (Chinese) | 0.2 | 0.6 | 0.6 | 0.3 | 14.5% |
South Korea | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
Pakistan | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
Others | 1.7 | 1.5 | 2.5 | 1.2 | -11.0% |
Total | 6.9 | 7.1 | 13.5 | 20.5 | 43.8% |
Top Suppliers of Motorcycle Tire to the United Arab Emirates in 2022:
- Thailand (319.8K units)
- China (208.6K units)
- India (175.7K units)
- Indonesia (51.8K units)
- Japan (28.1K units)
- Germany (18.0K units)
- Vietnam (13.2K units)
- Pakistan (10.1K units)
- South Korea (7.8K units)
- Taiwan (Chinese) (7.2K units)
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