Market for Motorcycle or Bicycle Tyre in France
Market Overview
In 
, the French motorcycle or bicycle tyre market was finally on the rise to reach $ for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, motorcycle or bicycle tyre production contracted slightly to $ in estimated in export price. Overall, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Motorcycle or bicycle tyre production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
, the French motorcycle or bicycle tyre market was finally on the rise to reach $ for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, motorcycle or bicycle tyre production contracted slightly to $
in estimated in export price. Overall, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Motorcycle or bicycle tyre production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
In , consumption of tyres for motorcycles or bicycles was finally on the rise to reach units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, consumption reached the peak volume at units in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
The size of the motorcycle or bicycle tyre market in France soared to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep slump. Motorcycle or bicycle tyre consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
, consumption of tyres for motorcycles or bicycles was finally on the rise to reach units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, consumption reached the peak volume at units in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.The size of the motorcycle or bicycle tyre market in France soared to $
in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep slump. Motorcycle or bicycle tyre consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for motorcycle or bicycle tyre in France, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in France increased significantly over the last fifteen-year period (from % to %). Total import supply of motorcycle or bicycle tyre is expected to rise, though it will be moderately impacted by price increases. Motorcycle or bicycle tyre market in France consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, France relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
% to %). Total import supply of motorcycle or bicycle tyre is expected to rise, though it will be moderately impacted by price increases. Motorcycle or bicycle tyre market in France consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, France relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.Trade Balance
France remains a net importer of motorcycle or bicycle tyre; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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