Report Update: Apr 21, 2024

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

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Tyre Cord Fabric Price in Germany - 2023

Tyre Cord Fabric Price in Germany (CIF) - 2023

The average tyre cord fabric import price stood at $5,680 per ton in July 2023, dropping by -6.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 15% against the previous month. The import price peaked at $6,113 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($9,832 per ton), while the price for China ($3,482 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Tyre Cord Fabric Price in Germany (FOB) - 2023

In July 2023, the average tyre cord fabric export price amounted to $9,595 per ton, shrinking by -11.6% against the previous month. In general, export price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tyre cord fabric export price decreased by -11.6% against June 2023 indices. The growth pace was the most rapid in January 2023 an increase of 23% m-o-m. Over the period under review, the average export prices reached the peak figure at $10,861 per ton in June 2023, and then fell in the following month.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was China ($14,268 per ton), while the average price for exports to Spain ($4,250 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tyre Cord Fabric Imports in Germany

Tyre cord fabric imports into Germany skyrocketed to 33K tons in 2022, increasing by 19% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tyre cord fabric imports skyrocketed to $207M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Tyre Cord Fabric in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Luxembourg	21.3	10.4	13.2	43.6	27.0%
Poland	39.6	31.7	43.1	43.1	2.9%
China	5.9	5.5	8.6	16.7	41.5%
Vietnam	13.4	11.1	21.0	16.5	7.2%
Czech Republic	4.3	5.8	9.9	15.9	54.6%
Portugal	16.5	21.1	18.2	15.8	-1.4%
Turkey	20.9	11.7	9.3	12.6	-15.5%
France	6.3	3.8	5.8	7.5	6.0%
Others	32.2	21.0	32.6	35.2	3.0%
Total	160	122	162	207	9.0%

Top Suppliers of Tyre Cord Fabric to Germany in 2022:

Poland (7.8K tons)
China (5.2K tons)
Vietnam (4.1K tons)
Czech Republic (3.8K tons)
Luxembourg (2.4K tons)
Turkey (2.2K tons)
Portugal (2.1K tons)
France (2.1K tons)

Tyre Cord Fabric Exports in Germany

Tyre cord fabric exports from Germany surged to 15K tons in 2022, with an increase of 38% on the year before. In general, exports, however, continue to indicate a deep slump.

In value terms, tyre cord fabric exports surged to $99M in 2022. Overall, exports, however, recorded a abrupt descent.

Export of Tyre Cord Fabric in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	22.2	10.8	18.7	16.1	-10.2%
Hungary	10.9	2.4	6.8	16.0	13.6%
France	5.0	5.2	9.2	14.0	40.9%
Poland	3.3	0.7	4.5	8.4	36.5%
Italy	8.8	1.2	1.4	8.0	-3.1%
China	12.1	0.2	N/A	7.6	-14.4%
Spain	2.1	3.5	1.7	6.6	46.5%
Romania	19.1	N/A	0.2	6.4	-30.5%
United Kingdom	9.7	2.3	N/A	1.1	-51.6%
Others	27.1	5.6	5.6	15.3	-17.4%
Total	120	32.0	48.1	99.5	-6.1%

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

Czech Republic (3.1K tons)
France (2.9K tons)
Hungary (2.0K tons)
Poland (1.4K tons)
Spain (1.3K tons)
Italy (1.2K tons)
China (0.8K tons)
Romania (0.7K tons)
United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tyre cord fabric market in Germany. 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:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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