Report Update: May 1, 2024

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

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Vulcanised Rubber Thread Price in India - 2023

Vulcanised Rubber Thread Price in India (FOB) - 2023

In July 2023, the average vulcanised rubber thread export price amounted to $2,354 per ton, with a decrease of -6.6% against the previous month. Overall, the export price saw a pronounced reduction. The pace of growth was the most pronounced in September 2022 an increase of 12% against the previous month. As a result, the export price reached the peak level of $4,187 per ton. From October 2022 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($5,864 per ton), while the average price for exports to China ($1,305 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 Greece (-1.2%), while the prices for the other major destinations experienced a decline.

Vulcanised Rubber Thread Price in India (CIF) - 2023

In July 2023, the average vulcanised rubber thread import price amounted to $2,681 per ton, surging by 7% against the previous month. In general, the import price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 37% against the previous month. Over the period under review, average import prices hit record highs at $4,422 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($2,888 per ton), while the price for Thailand stood at $2,209 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-3.2%).

Vulcanised Rubber Thread Exports in India

In 2022, the amount of vulcanised rubber thread and cord exported from India rose rapidly to 5.3K tons, growing by 15% against the previous year. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 85%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vulcanised rubber thread exports rose markedly to $18M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Vulcanised Rubber Thread in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	2.3	2.5	3.9	6.0	37.7%
Brazil	0.5	2.5	3.7	2.3	66.3%
Greece	N/A	N/A	0.5	1.3	160.0%
Egypt	N/A	N/A	0.7	1.3	85.7%
Germany	1.0	1.3	1.4	1.3	9.1%
China	0.2	0.4	0.5	1.3	86.6%
United Arab Emirates	N/A	0.4	0.6	0.8	41.4%
Bangladesh	N/A	0.1	0.5	0.7	164.6%
Italy	0.2	0.2	0.6	0.4	26.0%
Nepal	N/A	N/A	0.2	0.4	100.0%
Morocco	N/A	N/A	N/A	0.4	0%
South Korea	0.8	1.0	1.0	0.4	-20.6%
Others	1.1	3.6	3.4	1.5	10.9%
Total	6.1	12.0	16.9	18.2	44.0%

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

Turkey (2033.0 tons)
Brazil (883.6 tons)
Egypt (473.6 tons)
China (230.4 tons)
Greece (230.2 tons)
Bangladesh (229.1 tons)
Germany (194.3 tons)
Morocco (167.7 tons)
Italy (165.5 tons)
United Arab Emirates (151.0 tons)
Nepal (149.8 tons)
South Korea (70.2 tons)

Vulcanised Rubber Thread Imports in India

In 2022, approx. 1.6K tons of vulcanised rubber thread and cord were imported into India; with a decrease of -40.4% on the year before. Overall, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 29%.

In value terms, vulcanised rubber thread imports fell notably to $6.1M in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of $9.6M, and then fell remarkably in the following year.

Import of Vulcanised Rubber Thread in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	3.0	2.4	4.6	3.3	3.2%
Malaysia	4.6	2.2	3.9	1.7	-28.2%
France	0.6	0.5	0.6	0.6	0.0%
Vietnam	0.4	0.1	0.1	N/A	-50.0%
Oman	N/A	0.3	N/A	N/A	0%
Others	0.2	0.2	0.4	0.4	26.0%
Total	8.8	5.7	9.6	6.1	-11.5%

Top Suppliers of Vulcanised Rubber Thread to India in 2022:

Thailand (1004.1 tons)
Malaysia (499.5 tons)
France (71.4 tons)

Source: IndexBox Market Intelligence Platform

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

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
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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