Which Country Exports the Most Twine, Cordage, Rope and Cables in the World?
Cordage, Rope, Twine and Netting May 28, 2018
IndexBox has just published a new report "World: Twine, Cordage, Rope And Cables - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the global twine and cordage imports totaled 448K tonnes, declining by -14.8% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailment. The pace of growth was the most pronounced in 2010, when imports increased by 9% from the previous year level. Over the period under review, global twine and cordage imports reached its maximum volume of 546K tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.
In value terms, twine and cordage imports totaled $1.8B in 2016. The total import value increased at an average annual rate of +2.0% from 2007 to 2016- the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, global twine and cordage imports attained its maximum level of $2B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.
Top Twine And Cordage Importing Countries in the World
1. France (90.5 million USD)
2. Germany (87.3 million USD)
3. Canada (66.4 million USD)
4. United Kingdom (64.8 million USD)
5. Mexico (61.4 million USD)
6. Viet Nam (54.7 million USD)
7. Japan (51.7 million USD)
8. Netherlands (51.6 million USD)
9. Australia (43.1 million USD)
10. Indonesia (39.8 million USD)
11. India (29.9 million USD)
12. United Arab Emirates (20.4 million USD)
Twine And Cordage Imports By Country
The imports of the twelve major importers of twine and cordage, namely France, Germany, Mexico, Indonesia, India, the UK, Canada, Japan, Australia, Viet Nam, United Arab Emirates, and the Netherlands, represented more than half of total import.
From 2007 to 2016, the most notable growth rate of twine and cordage imports, among the main importing countries, was attained by Mexico (+11.7% per year), while the other global leaders experienced more modest paces of growth.
In value terms, France ($91M), Germany ($87M) and Canada ($66M) were the countries with the highest levels of imports in 2016, with a combined 14% share of global imports.The UK, Mexico, Viet Nam, Japan, the Netherlands, Australia, Indonesia, India and United Arab Emirates lagged somewhat behind, together accounting for a further 23%.
Indonesia (+17.1% per year) experienced the highest growth rate of twine and cordage imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Twine And Cordage Import Prices By Country
The average twine and cordage import price stood at $3,991 per tonne in 2016, rising by 14% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +4.2%.The most prominent rate of growth was recorded in 2011, when import increased by 14% y-o-y. Over the period under review, average twine and cordage import price attained its maximum level in 2016, and is expected to retain its growth in the near future.
Import prices varied noticeably by country of destination. the country with the highest import prices was the Netherlands ($4,404 per tonne), while India ($1,410 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of twine and cordage import prices was attained by the Netherlands (+5.2% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global twine and cordage market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- twine and cordage market share
- twine and cordage prices
- twine and cordage industry
- twine and cordage sales
- twine and cordage import
- twine and cordage export
- twine and cordage market forecast
- twine and cordage price forecast
- key twine and cordage producers
All data provided in this article covers the following product: HS Code 5607 - Twine, cordage, ropes and cables, whether or not plaited or braided- whether or not impregnated, coated, covered or sheathed with rubber or plastics.
Source: World: Twine, Cordage, Rope And Cables - Market Report. Analysis and Forecast to 2025
