Motorcycle Tire Price in Malaysia - 2021
Contents:
- Motorcycle Tire Price in Malaysia (CIF) - 2022
- Motorcycle Tire Price in Malaysia (FOB) - 2022
- Motorcycle Tire Imports in Malaysia
- Motorcycle Tire Exports in Malaysia
Motorcycle Tire Price in Malaysia (CIF) - 2022
The average motorcycle tire import price stood at $9.5 per unit in 2022, surging by 4.6% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($11 per unit), while the price for Vietnam ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.
Motorcycle Tire Price in Malaysia (FOB) - 2022
The average motorcycle tire export price stood at $37 per unit in 2022, with an increase of 26% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle tire export price increased by +76.7% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 54%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Thailand ($39 per unit), while the average price for exports to Indonesia ($11 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 Philippines (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Malaysia
In 2022, the amount of new pneumatic tyres for motorcycles imported into Malaysia surged to 6.8M units, rising by 15% against 2021. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports soared to $64M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Motorcycle Tire in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 12.3 | 14.0 | 19.4 | 26.1 | 28.5% |
| Thailand | 18.7 | 16.1 | 16.5 | 17.2 | -2.7% |
| Vietnam | 12.8 | 14.6 | 11.9 | 13.1 | 0.8% |
| China | 1.5 | 1.8 | 3.5 | 4.7 | 46.3% |
| Others | 3.1 | 2.8 | 2.1 | 3.3 | 2.1% |
| Total | 48.5 | 49.4 | 53.3 | 64.4 | 9.9% |
Top Suppliers of Motorcycle Tire to Malaysia in 2022:
- Indonesia (2.3M units)
- Thailand (2.0M units)
- Vietnam (1.8M units)
- China (0.6M units)
Motorcycle Tire Exports in Malaysia
In 2022, exports of new pneumatic tyres for motorcycles from Malaysia shrank to 136K units, with a decrease of -4.7% on the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 143K units, and then reduced slightly in the following year.
In value terms, motorcycle tire exports skyrocketed to $5M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +70.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 42%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Motorcycle Tire in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,257 | 1,057 | 1,943 | 1,605 | -10.7% |
| India | 430 | 342 | 783 | 919 | 28.8% |
| United States | 112 | 322 | 267 | 707 | 84.8% |
| Singapore | 198 | 433 | 474 | 537 | 39.5% |
| Mexico | 197 | 26.3 | 103 | 423 | 29.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 242 | 0% |
| Indonesia | 3.4 | 47.2 | 39.9 | 76.1 | 181.8% |
| Thailand | 258 | 281 | 68.4 | 60.0 | -38.5% |
| Vietnam | 64.2 | 38.1 | N/A | N/A | -40.7% |
| Philippines | 111 | 36.0 | 35.1 | N/A | -43.8% |
| Egypt | N/A | 111 | 88.6 | N/A | -20.2% |
| Others | 281 | 250 | 382 | 447 | 16.7% |
| Total | 3,913 | 2,943 | 4,185 | 5,017 | 8.6% |
Top Export Markets for Motorcycle Tire from Malaysia in 2022:
- Germany (40.9K units)
- India (23.4K units)
- United States (18.0K units)
- Singapore (13.7K units)
- Mexico (10.8K units)
- Indonesia (6.8K units)
- Taiwan (Chinese) (6.2K units)
- Thailand (1.5K units)
445
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Malaysia.
333
This report provides an in-depth analysis of the aircraft tyre market in Malaysia.
849
This report provides an in-depth analysis of the tyre market in Malaysia.
546
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Malaysia.
385
This report provides an in-depth analysis of the market for truck and bus tyre in Malaysia.
763
This report provides an in-depth analysis of the passenger car tyre market in Malaysia.
398
This report provides an in-depth analysis of the soap market in Malaysia.
439
This report provides an in-depth analysis of the wood fuel market in Malaysia.
550
This report provides an in-depth analysis of the soap in bars market in Malaysia.
482
This report provides an in-depth analysis of the skim milk market in Malaysia.
1220
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
478
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.
2388
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
107
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
963
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
1065
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
647
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
797
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
2302
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
664
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
