India - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTyre Cord Fabric Price in India - 2023
Contents:
- Tyre Cord Fabric Price in India (CIF) - 2023
- Tyre Cord Fabric Price in India (FOB) - 2023
- Tyre Cord Fabric Imports in India
- Tyre Cord Fabric Exports in India
Tyre Cord Fabric Price in India (CIF) - 2023
The average tyre cord fabric import price stood at $5,918 per ton in July 2023, remaining relatively unchanged against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 24% month-to-month. The import price peaked at $6,180 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($7,700 per ton), while the price for Vietnam ($4,487 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 Indonesia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Tyre Cord Fabric Price in India (FOB) - 2023
In July 2023, the average tyre cord fabric export price amounted to $11,826 per ton, with an increase of 54% against the previous month. Over the period under review, export price indicated a measured increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tyre cord fabric export price increased by +54.3% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Romania ($12,243 per ton) and Poland ($12,243 per ton), while the average price for exports to the United States ($11,588 per ton) and Mexico ($11,748 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Tyre Cord Fabric Imports in India
In 2022, approx. 78K tons of tyre cord fabric of high tenacity yarn were imported into India; surging by 13% on the year before. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 91%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, tyre cord fabric imports fell to $298M in 2022. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 113%. As a result, imports attained the peak of $345M, and then fell in the following year.
Import of Tyre Cord Fabric in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.7 | 73.8 | 188 | 162 | 18.4% |
Vietnam | 33.7 | 39.1 | 67.7 | 58.2 | 20.0% |
Thailand | 38.2 | 16.4 | 31.0 | 26.6 | -11.4% |
Taiwan (Chinese) | 32.8 | 17.0 | 23.8 | 20.8 | -14.1% |
Russia | 9.7 | 3.7 | 11.9 | 10.3 | 2.0% |
Indonesia | 11.3 | 3.9 | 9.2 | 7.9 | -11.2% |
Singapore | 2.1 | 3.4 | 5.7 | 4.9 | 32.6% |
Others | 6.5 | 4.8 | 7.6 | 7.1 | 3.0% |
Total | 232 | 162 | 345 | 298 | 8.7% |
Top Suppliers of Tyre Cord Fabric to India in 2022:
- China (41.3K tons)
- Vietnam (19.4K tons)
- Thailand (5.6K tons)
- Taiwan (Chinese) (5.0K tons)
- Russia (2.2K tons)
- Indonesia (1.7K tons)
- Singapore (1.2K tons)
Tyre Cord Fabric Exports in India
In 2022, the amount of tyre cord fabric of high tenacity yarn exported from India rose notably to 8.2K tons, surging by 14% against 2021 figures. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, tyre cord fabric exports skyrocketed to $60M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
Export of Tyre Cord Fabric in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.6 | 15.6 | 15.5 | 20.6 | 7.5% |
Mexico | 8.5 | 7.5 | 10.5 | 13.9 | 17.8% |
Japan | 6.1 | 5.5 | 6.4 | 8.4 | 11.3% |
Poland | 5.1 | 4.2 | 4.6 | 6.0 | 5.6% |
Germany | 2.5 | 1.3 | 2.1 | 2.7 | 2.6% |
Sri Lanka | 0.8 | 0.9 | 1.8 | 2.4 | 44.2% |
United States | 1.7 | 0.5 | 1.4 | 1.9 | 3.8% |
Slovenia | 1.5 | 0.3 | 0.5 | 1.0 | -12.6% |
Czech Republic | N/A | N/A | 3.1 | N/A | 0% |
Others | 1.3 | 4.4 | 4.5 | 3.3 | 36.4% |
Total | 44.0 | 40.3 | 50.4 | 60.2 | 11.0% |
Top Export Markets for Tyre Cord Fabric from India in 2022:
- China (2778.5 tons)
- Mexico (1869.1 tons)
- Japan (1124.1 tons)
- Poland (809.3 tons)
- Germany (365.9 tons)
- Sri Lanka (350.9 tons)
- United States (249.0 tons)
- Slovenia (132.6 tons)
This report provides an in-depth analysis of the tyre cord fabric market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tyre cord fabric market in India.
This report provides an in-depth analysis of the tyre cord fabric market in India.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
This report provides an in-depth analysis of the tyre cord fabric market in India.
This report provides an in-depth analysis of the tyre cord fabric market in India.
This report provides an in-depth analysis of the global tyre cord fabric market.
Global Tyre Cord Fabric Market Report 2018. This report provides an in-depth analysis of the global tyre cord fabric market.
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...
In 2016, the amount of tyre cord fabric imported worldwide stood at X tons, remaining constant against the previous year figure. Overall, tyre cord fabric imports continue to indicate a relativel...