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

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

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Vulcanised Rubber Thread Price in China - 2023

Contents:

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

Vulcanised Rubber Thread Price in China (CIF) - 2023

In June 2023, the average vulcanised rubber thread import price amounted to $2,489 per ton, remaining stable against the previous month. In general, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in March 2023 an increase of 4.3% m-o-m. Over the period under review, average import prices hit record highs at $3,650 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($2,752 per ton), while the price for Thailand stood at $2,414 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-3.0%), while the prices for the other major suppliers experienced a decline.

Vulcanised Rubber Thread Price in China (FOB) - 2023

In June 2023, the average vulcanised rubber thread export price amounted to $4,503 per ton, dropping by -8.2% against the previous month. Overall, the export price showed a mild shrinkage. The growth pace was the most rapid in February 2023 when the average export price increased by 17% against the previous month. The export price peaked at $6,871 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($6,131 per ton), while the average price for exports to Pakistan ($2,325 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Vulcanised Rubber Thread Imports in China

In 2022, the amount of vulcanised rubber thread and cord imported into China fell to 102K tons, declining by -13.6% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 119K tons, and then fell in the following year.

In value terms, vulcanised rubber thread imports declined to $333M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +37.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of $388M, and then contracted in the following year.

Import of Vulcanised Rubber Thread in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1871782842469.6%
Malaysia60.758.084.173.46.5%
Vietnam1.01.55.64.160.1%
Others6.94.713.79.09.3%
Total2562423883339.2%

Top Suppliers of Vulcanised Rubber Thread to China in 2022:

  1. Thailand (79.1K tons)
  2. Malaysia (20.2K tons)
  3. Vietnam (1.6K tons)

Vulcanised Rubber Thread Exports in China

Vulcanised rubber thread exports from China soared to 27K tons in 2022, rising by 19% compared with 2021. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber thread exports skyrocketed to $139M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +50.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vulcanised Rubber Thread in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.86.88.912.823.5%
Mexico3.03.96.88.742.6%
Vietnam5.87.96.48.614.0%
Sudan4.45.23.76.312.7%
India7.84.84.35.9-8.9%
Philippines4.33.03.55.47.9%
Thailand4.04.64.35.29.1%
United Arab Emirates0.11.02.54.5255.7%
Australia0.20.31.13.5159.6%
Angola2.20.92.13.415.6%
Malaysia1.91.21.83.421.4%
Brazil1.71.92.22.919.5%
Uzbekistan1.41.52.41.64.6%
Others49.249.454.766.910.8%
Total92.892.510513914.4%

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

  1. United States (2.0K tons)
  2. Vietnam (1.8K tons)
  3. Sudan (1.4K tons)
  4. Mexico (1.3K tons)
  5. India (1.2K tons)
  6. Philippines (1.0K tons)
  7. Thailand (1.0K tons)
  8. Angola (0.9K tons)
  9. United Arab Emirates (0.8K tons)
  10. Australia (0.6K tons)
  11. Brazil (0.5K tons)
  12. Malaysia (0.5K tons)
  13. Uzbekistan (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber thread market in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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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Event
China's Vulcanised Rubber Thread Imports Increase Sharply to $27 Million in February 2023
May 5, 2023
Eye 287

Import figures for Vulcanised Rubber Thread jumped to $27M in February 2023

China's June 2023 Import of Unvulcanized Rubber Reaches $61M
Aug 13, 2023
Eye 301

Imports of Unvulcanized Rubber reached a significant increase to $61 million in June 2023 in terms of value.

Which Country Imports the Most Unvulcanized Rubber in the World?
May 28, 2018
Eye 1022

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 777

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 1598

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 1215

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%

China's Vulcanised Rubber Thread Imports Increase Sharply to $27 Million in February 2023
May 5, 2023
Eye 287

Import figures for Vulcanised Rubber Thread jumped to $27M in February 2023

Free Data: Vulcanised Rubber Thread And Cord - China