Overview of the Market for Motorcycle and Bicycle Tire in Malta
The value of the motorcycle and bicycle tire market in Malta 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 saw a strong expansion. The pace of growth appeared the most rapid in 2009 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.