Market for Motorcycle or Bicycle Tyre in Japan
Market Overview
For the sixth consecutive year, the Japanese motorcycle or bicycle tyre market recorded decline in sales value, which decreased by -
% to $ in . Overall, consumption saw a pronounced slump. Over the period under review, the market attained the maximum level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
In value terms, motorcycle or bicycle tyre production fell to $ in estimated in export price. In general, production showed a pronounced downturn. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2012 to , production growth failed to regain momentum.
% to $ in . Overall, consumption saw a pronounced slump. Over the period under review, the market attained the maximum level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.In value terms, motorcycle or bicycle tyre production fell to $
in estimated in export price. In general, production showed a pronounced downturn. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2012 to , production growth failed to regain momentum.Consumption
In , consumption of tyres for motorcycles or bicycles in Japan shrank sharply to units, dropping by -% on the previous year's figure. Over the period under review, consumption showed a pronounced descent. Over the period under review, consumption hit record highs at units in 2012; however, from 2013 to , consumption remained at a lower figure.
The revenue of the motorcycle or bicycle tyre market in Japan reduced markedly to $ in , with a decrease of -% 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 noticeable downturn. Motorcycle or bicycle tyre consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
, consumption of tyres for motorcycles or bicycles in Japan shrank sharply to units, dropping by -% on the previous year's figure. Over the period under review, consumption showed a pronounced descent. Over the period under review, consumption hit record highs at units in 2012; however, from 2013 to , consumption remained at a lower figure.The revenue of the motorcycle or bicycle tyre market in Japan reduced markedly to $
in , with a decrease of -% 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 noticeable downturn. Motorcycle or bicycle tyre consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for motorcycle or bicycle tyre in Japan, 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 .
% 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 Japan increased significantly over the last fifteen years (from % to %). Motorcycle or bicycle tyre market in Japan consists almost entirely of imported products.
% to %). Motorcycle or bicycle tyre market in Japan consists almost entirely of imported products.Trade Balance
Japan remains a net exporter of motorcycle or bicycle tyre; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a trade surplus 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.
. In , there was a trade surplus 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.
Download XLSX
Download all the data in the form of a report