Updated Sep 27, 2022 13:11

Market for Motorcycle or Bicycle Tyre in the Netherlands

Market Overview
The Dutch motorcycle or bicycle tyre market skyrocketed 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). Over the period under review, the total consumption indicated a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in and is expected to retain growth in the immediate term.

In value terms, motorcycle or bicycle tyre production soared to $ in estimated in export price. Over the period under review, production posted a strong increase. Motorcycle or bicycle tyre production peaked at $ in 2015; however, from 2016 to , production failed to regain momentum.


Consumption
In , the amount of tyres for motorcycles or bicycles consumed in the Netherlands declined modestly to units, approximately reflecting the year before. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, consumption attained the peak volume at units in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.

The size of the motorcycle or bicycle tyre market in the Netherlands expanded modestly to $ in , picking up 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). In general, the total consumption indicated noticeable growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Motorcycle or bicycle tyre consumption peaked in and is expected to retain growth in years to come.


Market Forecast
Depressed by shrinking demand for motorcycle or bicycle tyre in the Netherlands, 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 .


Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . The Netherlands domestic supply is expected to continue its growth. Motorcycle or bicycle tyre market in the Netherlands consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, the Netherlands relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
The Netherlands 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.