Motorcycle Tire Price in Oman - 2021
Contents:
- Motorcycle Tire Price in Oman (FOB) - 2022
- Motorcycle Tire Price in Oman (CIF) - 2022
- Motorcycle Tire Exports in Oman
- Motorcycle Tire Imports in Oman
Motorcycle Tire Price in Oman (FOB) - 2022
The average motorcycle tire export price stood at $38 per unit in 2022, which is down by -17.3% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +27.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 54%. As a result, the export price attained the peak level of $46 per unit, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($38 per unit), while the average price for exports to Rwanda ($12 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 Yemen (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Motorcycle Tire Price in Oman (CIF) - 2022
The average motorcycle tire import price stood at $38 per unit in 2022, shrinking by -2.8% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle tire import price increased by +14.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 24%. The import price peaked at $39 per unit in 2021, and then declined in the following year.
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 the United States ($144 per unit), while the price for India ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Exports in Oman
After three years of growth, overseas shipments of new pneumatic tyres for motorcycles decreased by -1.7% to 1.8K units in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 63%. The exports peaked at 1.9K units in 2021, and then reduced slightly in the following year.
In value terms, motorcycle tire exports contracted rapidly to $69K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of $84K, and then shrank dramatically in the following year.
| Export of Motorcycle Tire in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 25.3 | 51.4 | 67.7 | 65.7 | 37.5% |
| Qatar | 0.7 | 1.2 | 15.6 | 2.8 | 58.7% |
| Rwanda | 0.1 | 0.1 | 1.1 | 0.2 | 26.0% |
| Iran | 8.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.4 | 52.8 | 84.4 | 68.6 | 25.9% |
Top Export Markets for Motorcycle Tire from Oman in 2022:
- Yemen (1731.0 units)
- Qatar (76.0 units)
- Rwanda (13.0 units)
Motorcycle Tire Imports in Oman
After three years of growth, overseas purchases of new pneumatic tyres for motorcycles decreased by -11% to 315 units in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. Imports peaked at 354 units in 2021, and then dropped in the following year.
In value terms, motorcycle tire imports reduced to $12K in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 58%. Over the period under review, imports hit record highs at $14K in 2021, and then declined in the following year.
| Import of Motorcycle Tire in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.9 | 2.5 | 4.3 | 3.2 | 52.6% |
| Iran | 0.7 | 0.6 | 2.5 | 1.6 | 31.7% |
| United States | 0.4 | 1.2 | 2.1 | 1.6 | 58.7% |
| China | 1.5 | 0.5 | 1.3 | 1.2 | -7.2% |
| India | 0.3 | 0.7 | 0.7 | 0.9 | 44.2% |
| Denmark | N/A | N/A | N/A | 0.8 | 0% |
| United Arab Emirates | 1.5 | 3.2 | 1.0 | 0.6 | -26.3% |
| Indonesia | 0.3 | 0.6 | 1.0 | 0.6 | 26.0% |
| Others | 0.8 | 0.8 | 1.0 | 1.4 | 20.5% |
| Total | 6.4 | 10.1 | 13.8 | 12.0 | 23.3% |
Top Suppliers of Motorcycle Tire to Oman in 2022:
- Japan (74.0 units)
- China (50.0 units)
- India (48.0 units)
- Iran (41.0 units)
- Denmark (31.0 units)
- United Arab Emirates (13.0 units)
- United States (11.0 units)
- Indonesia (9.0 units)
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