Motorcycle Tire Price in Sweden - 2023
Contents:
- Motorcycle Tire Price in Sweden (CIF) - 2023
- Motorcycle Tire Price in Sweden (FOB) - 2023
- Motorcycle Tire Imports in Sweden
- Motorcycle Tire Exports in Sweden
Motorcycle Tire Price in Sweden (CIF) - 2023
The average motorcycle tire import price stood at $63.8 per unit in August 2023, surging by 2.5% against the previous month. Over the period under review, import price indicated a temperate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, motorcycle tire import price increased by +2.5% against July 2023 indices. The pace of growth was the most pronounced in September 2022 when the average import price increased by 57% against the previous month. Over the period under review, average import prices reached the maximum at $74.2 per unit in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($153 per unit), while the price for Indonesia ($33.4 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 Italy (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Sweden (FOB) - 2023
The average motorcycle tire export price stood at $90.4 per unit in August 2023, growing by 6.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 43% month-to-month. Over the period under review, the average export prices hit record highs at $104 per unit in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($157 per unit), while the average price for exports to the UK ($9.9 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 Norway (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Sweden
In 2022, motorcycle tire imports into Sweden skyrocketed to 269K units, increasing by 38% against the year before. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, 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.
In value terms, motorcycle tire imports amounted to $11M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Motorcycle Tire in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,445 | 2,712 | 3,634 | 3,502 | 12.7% |
| Spain | 1,986 | 2,305 | 3,335 | 3,463 | 20.4% |
| Belgium | 448 | 289 | 679 | 683 | 15.1% |
| Serbia | 171 | 236 | 329 | 562 | 48.7% |
| Slovenia | 53.6 | 200 | 250 | 535 | 115.3% |
| Finland | 214 | 360 | 147 | 514 | 33.9% |
| China | 1,642 | 1,549 | 277 | 385 | -38.3% |
| Indonesia | 47.0 | 34.3 | 126 | 307 | 86.9% |
| France | 526 | 440 | 179 | 246 | -22.4% |
| Italy | 1,385 | 539 | 145 | 174 | -49.9% |
| Vietnam | 0.8 | 107 | 106 | 152 | 474.9% |
| Taiwan (Chinese) | 218 | 893 | 193 | 90.3 | -25.5% |
| Others | 402 | 996 | 1,289 | 535 | 10.0% |
| Total | 9,538 | 10,660 | 10,687 | 11,150 | 5.3% |
Top Suppliers of Motorcycle Tire to Sweden in 2022:
- Spain (64.5K units)
- Germany (58.5K units)
- Vietnam (26.2K units)
- Serbia (25.4K units)
- Belgium (23.6K units)
- China (16.9K units)
- Indonesia (9.6K units)
- Slovenia (9.6K units)
- Italy (8.9K units)
- Finland (8.8K units)
- Taiwan (Chinese) (3.6K units)
- France (3.6K units)
Motorcycle Tire Exports in Sweden
In 2022, approx. 91K units of new pneumatic tyres for motorcycles were exported from Sweden; picking up by 40% compared with the previous year. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire exports declined modestly to $5.2M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. As a result, the exports attained the peak of $5.2M, and then shrank in the following year.
| Export of Motorcycle Tire in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,104 | 1,254 | 2,272 | 1,989 | 21.7% |
| Finland | 1,047 | 1,097 | 1,421 | 1,711 | 17.8% |
| Poland | 97.7 | 625 | 855 | 615 | 84.6% |
| Netherlands | N/A | 48.5 | 249 | 335 | 162.8% |
| Denmark | 125 | 127 | 124 | 251 | 26.2% |
| Others | 99.0 | 112 | 308 | 258 | 37.6% |
| Total | 2,472 | 3,264 | 5,228 | 5,159 | 27.8% |
Top Export Markets for Motorcycle Tire from Sweden in 2022:
- Finland (36.4K units)
- Norway (30.4K units)
- Poland (10.6K units)
- Denmark (4.4K units)
- Netherlands (4.2K units)
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