Motorcycle Tire Price in Ethiopia - 2022
Contents:
Motorcycle Tire Price in Ethiopia (CIF) - 2022
The average motorcycle tire import price stood at $11 per unit in 2022, dropping by -2% against the previous year. Over the period under review, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2014 an increase of 22% against the previous year. As a result, import price attained the peak level of $18 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($12 per unit) and Pakistan ($12 per unit), while the price for Uganda ($10 per unit) and India ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-2.1%), while the prices for the other major suppliers experienced a decline.
Motorcycle Tire Imports in Ethiopia
In 2022, imports of new pneumatic tyres for motorcycles into Ethiopia soared to 408K units, with an increase of 139% on the previous year. Over the period under review, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, motorcycle tire imports skyrocketed to $4.5M in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Motorcycle Tire in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3,384 | 1,285 | 1,341 | 3,679 | 2.8% |
| China | 718 | 251 | 255 | 415 | -16.7% |
| Pakistan | 71.9 | 85.0 | 67.1 | 212 | 43.4% |
| Uganda | 80.5 | 44.5 | 138 | 134 | 18.5% |
| Thailand | 61.1 | 60.9 | 30.4 | 59.6 | -0.8% |
| Others | 83.1 | 48.2 | 87.4 | 1.2 | -75.6% |
| Total | 4,399 | 1,775 | 1,918 | 4,499 | 0.8% |
Top Suppliers of Motorcycle Tire to Ethiopia in 2022:
- India (335.8K units)
- China (36.8K units)
- Pakistan (17.2K units)
- Uganda (13.3K units)
- Thailand (4.8K units)
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