United Kingdom - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Tyre Cord Fabric Price in the UK - 2023

Contents:

  1. Tyre Cord Fabric Price in the UK (CIF) - 2022
  2. Tyre Cord Fabric Price in the UK (FOB) - 2022
  3. Tyre Cord Fabric Imports in the UK
  4. Tyre Cord Fabric Exports in the UK

Tyre Cord Fabric Price in the UK (CIF) - 2022

In 2022, the average tyre cord fabric import price amounted to $7,969 per ton, rising by 16% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tyre cord fabric import price increased by +26.4% against 2017 indices. The growth pace was the most rapid in 2016 when the average import price increased by 57%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($15,496 per ton), while the price for France ($1,793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Tyre Cord Fabric Price in the UK (FOB) - 2022

The average tyre cord fabric export price stood at $13,642 per ton in 2022, surging by 52% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($51,825 per ton), while the average price for exports to New Zealand ($3,350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tyre Cord Fabric Imports in the UK

For the third year in a row, the UK recorded decline in overseas purchases of tyre cord fabric of high tenacity yarn, which decreased by -4.7% to 4.3K tons in 2022. Over the period under review, imports continue to indicate a sharp decrease.

In value terms, tyre cord fabric imports expanded remarkably to $34M in 2022. Overall, imports saw a drastic downturn.

Import of Tyre Cord Fabric in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.813.616.915.8-2.0%
Turkey8.36.63.45.9-10.8%
China1.30.92.93.741.7%
Luxembourg1.62.12.52.820.5%
Germany11.75.22.82.7-38.7%
Taiwan (Chinese)1.40.51.61.0-10.6%
PolandN/AN/AN/A0.90%
France6.90.6N/AN/A-91.3%
Others0.60.30.71.432.6%
Total48.629.830.934.2-11.1%

Top Suppliers of Tyre Cord Fabric to the UK in 2022:

  1. Italy (1518.7 tons)
  2. Turkey (1268.6 tons)
  3. China (608.5 tons)
  4. Germany (314.5 tons)
  5. Luxembourg (182.3 tons)
  6. Taiwan (Chinese) (123.5 tons)
  7. Poland (109.9 tons)
  8. France (1.2 tons)

Tyre Cord Fabric Exports in the UK

In 2022, the amount of tyre cord fabric of high tenacity yarn exported from the UK shrank significantly to 96 tons, declining by -62.6% compared with the year before. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 124% against the previous year. As a result, the exports reached the peak of 256 tons, and then contracted significantly in the following year.

In value terms, tyre cord fabric exports shrank sharply to $1.3M in 2022. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year. As a result, the exports reached the peak of $2.3M, and then dropped dramatically in the following year.

Export of Tyre Cord Fabric in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.218.8346182433.3%
Germany24.027811411870.0%
United States71.316410211316.6%
Ireland40330616198.1-37.6%
Norway15731.992.297.5-14.7%
Trinidad and Tobago1.7N/AN/A84.9268.3%
Brazil51.320898.081.216.5%
China1331.389.136.5-35.0%
France38.03.210031.5-6.1%
Finland0.3N/A79.720.7310.2%
Luxembourg11.71.9N/A15.59.8%
Sri LankaN/A4.215.214.283.9%
New Zealand3.02.4N/A6.730.7%
Others5961971,102405-12.1%
Total1,4921,2162,3001,304-4.4%

Top Export Markets for Tyre Cord Fabric from the UK in 2022:

  1. Germany (22.3 tons)
  2. Netherlands (18.1 tons)
  3. Ireland (7.3 tons)
  4. United States (6.1 tons)
  5. Brazil (5.2 tons)
  6. China (3.0 tons)
  7. Luxembourg (2.7 tons)
  8. France (2.7 tons)
  9. Trinidad and Tobago (2.6 tons)
  10. Sri Lanka (2.3 tons)
  11. Finland (2.0 tons)
  12. New Zealand (2.0 tons)
  13. Norway (1.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

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

Which Country Exports the Most Tyre Cord Fabric in the World?
May 28, 2018
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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...

Price of Tire Cord Fabric in the UK Reaches $8,944 per Ton
Apr 17, 2023
Eye 348

In November 2022, the price of tyre cord fabric (CIF, United Kingdom) was $8,944 per ton, the same as the previous month.

Which Country Imports the Most Tyre Cord Fabric in the World?
May 28, 2018
Eye 828

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...

Which Country Exports the Most Tyre Cord Fabric in the World?
May 28, 2018
Eye 873

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...

Free Data: Tyre Cord Fabric Of High Tenacity Yarn - United Kingdom