Motorcycle Tire Price in the United States - 2023
Contents:
- Motorcycle Tire Price in the United States (CIF) - 2023
- Motorcycle Tire Price in the United States (FOB) - 2023
- Motorcycle Tire Imports in the United States
- Motorcycle Tire Exports in the United States
Motorcycle Tire Price in the United States (CIF) - 2023
The average motorcycle tire import price stood at $55.1 per unit in September 2023, with an increase of 8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 32% against the previous month. Over the period under review, average import prices attained the maximum at $63.2 per unit in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($94.3 per unit), while the price for China ($17.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in the United States (FOB) - 2023
In September 2023, the average motorcycle tire export price amounted to $72.8 per unit, which is down by -6.2% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 22% against the previous month. As a result, the export price attained the peak level of $84.8 per unit. From August 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($107 per unit), while the average price for exports to Canada ($67.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in the United States
For the fourth consecutive year, the United States recorded growth in overseas purchases of new pneumatic tyres for motorcycles, which increased by 2.7% to 3.9M units in 2022. The total import volume increased at an average annual rate of +14.0% over the period 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 2020 with an increase of 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, motorcycle tire imports expanded rapidly to $187M in 2022. The total import value increased at an average annual rate of +13.7% 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 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Motorcycle Tire in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 15.7 | 16.5 | 20.9 | 31.3 | 25.9% |
| Thailand | 22.9 | 26.1 | 26.6 | 27.3 | 6.0% |
| South Korea | 17.6 | 18.0 | 23.1 | 23.5 | 10.1% |
| Indonesia | 8.5 | 17.6 | 13.4 | 18.6 | 29.8% |
| Germany | 13.5 | 11.0 | 17.8 | 17.9 | 9.9% |
| Spain | 17.5 | 17.8 | 19.8 | 17.6 | 0.2% |
| Brazil | 9.3 | 14.3 | 17.1 | 16.4 | 20.8% |
| China | 8.1 | 7.5 | 12.2 | 10.8 | 10.1% |
| Taiwan (Chinese) | 6.8 | 8.5 | 9.0 | 9.9 | 13.3% |
| Others | 7.3 | 8.1 | 9.7 | 13.3 | 22.1% |
| Total | 127 | 145 | 170 | 187 | 13.8% |
Top Suppliers of Motorcycle Tire to the United States in 2022:
- Japan (653.0K units)
- Indonesia (580.2K units)
- South Korea (525.9K units)
- China (444.5K units)
- Thailand (427.3K units)
- Taiwan (Chinese) (412.8K units)
- Spain (190.0K units)
- Germany (188.7K units)
- Brazil (187.2K units)
Motorcycle Tire Exports in the United States
In 2022, approx. 426K units of new pneumatic tyres for motorcycles were exported from the United States; standing approx. at the year before. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, the exports attained the peak of 432K units, and then contracted in the following year.
In value terms, motorcycle tire exports totaled $31M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Motorcycle Tire in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.2 | 10.3 | 14.0 | 16.2 | 16.7% |
| Luxembourg | 6.8 | 4.6 | 3.7 | 3.4 | -20.6% |
| Thailand | 1.0 | 1.2 | 3.2 | 3.2 | 47.4% |
| Japan | 2.4 | 1.5 | 1.2 | 2.1 | -4.4% |
| Brazil | 0.8 | 2.6 | 2.8 | 2.0 | 35.7% |
| Poland | 0.3 | 0.5 | 0.8 | 0.9 | 44.2% |
| Australia | 1.0 | 0.9 | 0.3 | 0.6 | -15.7% |
| Mexico | 0.6 | 0.6 | 0.4 | 0.3 | -20.6% |
| Others | 1.2 | 2.6 | 2.1 | 2.0 | 18.6% |
| Total | 24.2 | 24.8 | 28.5 | 30.6 | 8.1% |
Top Export Markets for Motorcycle Tire from the United States in 2022:
- Canada (248.4K units)
- Thailand (51.3K units)
- Luxembourg (48.1K units)
- Japan (24.3K units)
- Poland (12.6K units)
- Brazil (9.3K units)
- Australia (7.8K units)
- Mexico (4.3K units)
529
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in the U.S..
423
This report provides an in-depth analysis of the aircraft tyre market in the U.S..
800
This report provides an in-depth analysis of the tyre market in the U.S..
540
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in the U.S..
627
This report provides an in-depth analysis of the market for truck and bus tyre in the U.S..
647
This report provides an in-depth analysis of the passenger car tyre market in the U.S..
400
This report provides an in-depth analysis of the soap market in the USA.
624
This report provides an in-depth analysis of the wood fuel market in the U.S..
810
This report provides an in-depth analysis of the soap in bars market in the U.S..
422
This report provides an in-depth analysis of the skim milk market in the U.S..
389
Imports of Aircraft Tyre totaled $17M in May 2023.
2827
The US tire market is forecast to grow at a CAGR of 3.3% from 2022 to 2025
840
U.S. purchases of bus and truck tyres from China shrank from $1.1B in 2011 to $0.2B in 2021, while imports from Thailand jumped from $0.4B to $1.5B over the last decade.
337
In terms of value, imports of Passenger Car Tyre increased slightly to $862M in July 2023.
312
The import value of Skim Milk saw a significant decline to $295K in May 2023.
147
Seat imports reached a peak of 356 million units in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, seat imports significantly dropped to $12.6 billion in 2023.
251
In June 2023, the Seat price remained unchanged at $45.3 per unit (CIF, US), similar to the previous month.
1249
China dominates in the global tyres for motorcycles or bicycles trade. In 2014, China exported X million units of tyres for motorcycles or bicycles totaling X million USD, X% over the previous year. Its primary trading partner was Nigeria, where
639
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.
2677
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
