Africa: Rubber Thread Market 2020

Rubber Thread Market Size in Africa

The revenue of the rubber thread market in Africa amounted to $X in 2017, lowering by -X% against the previous year. The rubber thread consumption continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the rubber thread market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Rubber Thread Production in Africa

The rubber thread production amounted to X tons in 2017, going up by X% against the previous year. The rubber thread production continues to indicate a slight setback. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the rubber thread production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Thread Exports in Africa

The exports amounted to X tons in 2017, approximately reflecting the previous year. The rubber thread exports continue to indicate a moderate slump. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. In that year, the rubber thread exports reached their peak volume of X tons. From 2011 to 2017, growth of the rubber thread exports failed to regain its momentum.

In value terms, rubber thread exports totaled $X in 2017. The rubber thread exports continue to indicate a mild deduction. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Rubber Thread Exports by Country in Africa

Tunisia dominates rubber thread exports structure, amounting to X tons, which was near X% of total exports in 2017. South Africa (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Sudan (X%). Egypt (X tons) took the weak share of total exports.

Exports from Tunisia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Egypt (+X%), Sudan (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. While the share of Tunisia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Egypt (-X%), South Africa (-X%) and Sudan (-X%) displayed negative dynamics.

In value terms, Tunisia ($X) remains the largest rubber thread supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

In Tunisia, rubber thread exports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Egypt (+X% per year).

Rubber Thread Export Prices by Country in Africa

In 2017, the rubber thread export price in Africa amounted to $X per ton, remaining stable against the previous year. The rubber thread export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tunisia ($X per ton), while Sudan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Tunisia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Rubber Thread Imports in Africa

In 2017, the amount of rubber thread and cord textile covered imported in Africa stood at X tons, growing by X% against the previous year. The rubber thread imports continue to indicate a strong growth. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, rubber thread imports stood at $X in 2017. The rubber thread imports continue to indicate a slight contraction. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Rubber Thread Imports by Country in Africa

Egypt was the major importer of rubber thread and cord textile covered in Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2017. Sudan (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Nigeria (X%). Libya (X tons), Angola (X tons), Kenya (X tons), Algeria (X tons) and Ethiopia (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to rubber thread imports into Egypt stood at +X%. At the same time, Sudan (+X%), Angola (+X%), Kenya (+X%), Libya (+X%) and Algeria (+X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. By contrast, Ethiopia (-X%) and Nigeria (-X%) illustrated a downward trend over the same period. Nigeria (X%) and Ethiopia (X%) significantly strengthened its position in terms of the global imports, while Angola, Libya, Sudan and Egypt saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported rubber thread and cord textile covered in Africa, making up X% of global imports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global imports. It was followed by Sudan, with a X% share.

In Egypt, rubber thread imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Nigeria (-X% per year) and Sudan (+X% per year).

Rubber Thread Import Prices by Country in Africa

The rubber thread import price in Africa stood at $X per ton in 2017, coming down by -X% against the previous year. The rubber thread import price continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Nigeria ($X per ton), while Sudan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ethiopia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform