Updated Feb 13, 2023 20:14

Market for Motorcycle or Bicycle Tyre in Germany

Market Overview
In , the German motorcycle or bicycle tyre market increased by % to $, rising for the second consecutive year after six years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level in and is expected to retain growth in years to come.

In value terms, motorcycle or bicycle tyre production declined to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the production volume increased by %. Motorcycle or bicycle tyre production peaked at $ in , and then dropped in the following year.


Consumption
In , consumption of tyres for motorcycles or bicycles increased by % to units, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, showed a mild slump. Motorcycle or bicycle tyre consumption peaked at units in 2007; however, from 2008 to , consumption remained at a lower figure.

The revenue of the motorcycle or bicycle tyre market in Germany surged to $ in , increasing 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 recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level in and is likely to see steady growth in the immediate term.


Market Forecast
Depressed by shrinking demand for motorcycle or bicycle tyre in Germany, the market is expected to continue its downward consumption trend over the next eight years. 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 .


Market Structure
Motorcycle or bicycle tyre market in Germany consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Germany 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 trade deficit of units, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.