I have a multi-part TIFF (4-pages) image that exports to the same number of unique PDF pages using Export… set to PDF, and the Quartz Filter set to Lightness Decrease. The PDF/A and Linear PDF are optional, but will still generate the expected PDF output.
If one has the optional ImageMagick package installed, then the following will convert the multi-part TIFF to a proper PDF from the Terminal command line:
convert multipart.tif -density 300x300 -compress zip -quality 100 mp.pdf
Apple's sips command-line tool does not handle multipart TIFF and will output a single, first-page PDF.
sips -s format pdf -s formatOptions best multipart.tif -o mp.pdf
All tested on macOS 12.1. Send direct feedback to the macOS product team responsible for Preview.