Canada - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Canada - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Thread Price in Canada - 2023

Contents:

  1. Vulcanised Rubber Thread Price in Canada (CIF) - 2023
  2. Vulcanised Rubber Thread Price in Canada (FOB) - 2022
  3. Vulcanised Rubber Thread Imports in Canada
  4. Vulcanised Rubber Thread Exports in Canada

Vulcanised Rubber Thread Price in Canada (CIF) - 2023

In June 2023, the average vulcanised rubber thread import price amounted to $4,277 per ton, surging by 16% against the previous month. In general, the import price saw a notable expansion. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 235% month-to-month. As a result, import price attained the peak level of $9,332 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($5,947 per ton), while the price for China ($2,373 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Vulcanised Rubber Thread Price in Canada (FOB) - 2022

In 2022, the average vulcanised rubber thread export price amounted to $1,474 per ton, shrinking by -37.8% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 27%. As a result, the export price attained the peak level of $4,826 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -10.8% per year.

Vulcanised Rubber Thread Imports in Canada

In 2022, supplies from abroad of vulcanised rubber thread and cord decreased by -4% to 476 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 496 tons, and then dropped modestly in the following year.

In value terms, vulcanised rubber thread imports amounted to $2.1M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vulcanised Rubber Thread in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7247695848063.6%
China30430741261126.2%
Malaysia2531803522560.4%
Thailand258288247140-18.4%
Netherlands74.691.061.812418.5%
Vietnam43.727.231.912.7-33.8%
Others85.797.61271026.0%
Total1,7441,7601,8142,0525.6%

Top Suppliers of Vulcanised Rubber Thread to Canada in 2022:

  1. China (192.9 tons)
  2. United States (128.1 tons)
  3. Malaysia (60.4 tons)
  4. Thailand (43.0 tons)
  5. Netherlands (37.6 tons)
  6. Vietnam (3.0 tons)

Vulcanised Rubber Thread Exports in Canada

Vulcanised rubber thread exports from Canada shrank modestly to 462 tons in 2022, falling by -3.3% on the previous year's figure. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, the exports attained the peak of 477 tons, and then contracted modestly in the following year.

In value terms, vulcanised rubber thread exports shrank notably to $681K in 2022. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year.

Export of Vulcanised Rubber Thread in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0558081,058612-16.6%
Others10038.073.468.5-11.8%
Total1,1558461,132681-16.1%

Top Export Markets for Vulcanised Rubber Thread from Canada in 2022:

  1. United States (447.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber thread market in Canada. 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 22192050 - Vulcanised rubber thread and cord

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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
Store
Blog
Event
Significant Decline in Import of Vulcanised Rubber Thread to $119K in June 2023
Oct 15, 2023
Eye 245

The growth rate in April 2023 was the highest, with imports of Vulcanised Rubber Thread increasing by 327% compared to the previous month. In terms of value, the imports of Vulcanised Rubber Thread significantly reduced to $119K in June 2023.

Rubber Price in Canada Increases to $4,056 per Ton
Apr 20, 2023
Eye 256

In December 2022, the unvulcanized rubber price was $4,056 per ton FOB (Free On Board, Canada), a 10% increase month-over-month.

Which Country Imports the Most Unvulcanized Rubber in the World?
May 28, 2018
Eye 1027

Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....

Which Country Exports the Most Unvulcanized Rubber in the World?
May 28, 2018
Eye 778

Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....

Germany Ranks First in EU Unvulcanized Rubber Production and Trade
Nov 30, 2015
Eye 1603

EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr

Thailand Outpaced by Germany in Exports of Unvulcanized Rubber
Jul 8, 2015
Eye 1217

Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%

Significant Decline in Import of Vulcanised Rubber Thread to $119K in June 2023
Oct 15, 2023
Eye 245

The growth rate in April 2023 was the highest, with imports of Vulcanised Rubber Thread increasing by 327% compared to the previous month. In terms of value, the imports of Vulcanised Rubber Thread significantly reduced to $119K in June 2023.

Free Data: Vulcanised Rubber Thread And Cord - Canada