Brazil - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 21, 2024

Brazil - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Tyre Cord Fabric Price in Brazil - 2023

Contents:

  1. Tyre Cord Fabric Price in Brazil (CIF) - 2023
  2. Tyre Cord Fabric Price in Brazil (FOB) - 2023
  3. Tyre Cord Fabric Imports in Brazil
  4. Tyre Cord Fabric Exports in Brazil

Tyre Cord Fabric Price in Brazil (CIF) - 2023

The average tyre cord fabric import price stood at $4,544 per ton in September 2023, declining by -6.8% against the previous month. Overall, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in June 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the peak figure at $5,838 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Luxembourg ($6,202 per ton), while the price for Vietnam ($3,193 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Tyre Cord Fabric Price in Brazil (FOB) - 2023

In September 2023, the average tyre cord fabric export price amounted to $6,695 per ton, picking up by 1.7% against the previous month. Over the period under review, the export price, however, saw a mild setback. The most prominent rate of growth was recorded in July 2023 an increase of 41% month-to-month. The export price peaked at $8,529 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Chile ($6,842 per ton), while the average price for exports to Argentina stood at $6,658 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+0.4%).

Tyre Cord Fabric Imports in Brazil

In 2022, approx. 24K tons of tyre cord fabric of high tenacity yarn were imported into Brazil; standing approx. at 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. As a result, imports attained the peak of 24K tons, leveling off in the following year.

In value terms, tyre cord fabric imports reached $138M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Tyre Cord Fabric in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.212.957.948.541.3%
South Korea10.66.113.416.114.9%
Vietnam8.38.918.516.024.5%
Colombia11.27.59.311.81.8%
Mexico5.85.98.310.823.0%
United States1.51.67.88.578.3%
Indonesia8.31.34.07.7-2.5%
Luxembourg3.52.74.13.82.8%
Others11.27.113.415.210.7%
Total77.553.913713821.2%

Top Suppliers of Tyre Cord Fabric to Brazil in 2022:

  1. China (7.5K tons)
  2. Vietnam (3.2K tons)
  3. Mexico (2.8K tons)
  4. South Korea (2.8K tons)
  5. Colombia (2.2K tons)
  6. Indonesia (1.8K tons)
  7. United States (1.2K tons)
  8. Luxembourg (0.8K tons)

Tyre Cord Fabric Exports in Brazil

In 2022, the amount of tyre cord fabric of high tenacity yarn exported from Brazil fell to 1.1K tons, declining by -13.9% on 2021. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year.

In value terms, tyre cord fabric exports rose remarkably to $8.2M in 2022. Overall, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 94%.

Export of Tyre Cord Fabric in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.32.95.56.514.8%
MexicoN/A0.10.10.8182.8%
Chile2.40.50.90.6-37.0%
Costa Rica1.40.10.10.1-58.5%
Venezuela0.4N/AN/AN/A0%
Vietnam0.4N/A0.1N/A-50.0%
OthersN/AN/A0.40.2-50.0%
Total9.03.77.18.2-3.1%

Top Export Markets for Tyre Cord Fabric from Brazil in 2022:

  1. Argentina (846.4 tons)
  2. Mexico (90.2 tons)
  3. Chile (87.9 tons)
  4. Costa Rica (20.9 tons)
  5. Venezuela (7.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tyre cord fabric market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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