Report Asia - Vulcanised Rubber Thread and Cord - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 1, 2023

Asia - Vulcanised Rubber Thread and Cord - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Vulcanised Rubber Thread Market 2023

Vulcanised Rubber Thread Market Size in Asia

The Asian vulcanised rubber thread market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Vulcanised Rubber Thread Production in Asia

In value terms, vulcanised rubber thread production rose slightly to $X in 2021 estimated in export price. In general, production, however, saw a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Vulcanised Rubber Thread Exports

Exports in Asia

For the third consecutive year, Asia recorded growth in shipments abroad of vulcanised rubber thread and cord, which increased by 16% to X tons in 2021. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber thread exports soared to $X in 2021. Total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +41.4% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand represented the main exporting country with an export of around X tons, which recorded 58% of total exports. It was distantly followed by Malaysia (X tons) and China (X tons), together committing a 35% share of total exports. The following exporters - India (X tons) and Vietnam (X tons) - each accounted for a 3.7% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to vulcanised rubber thread exports from Thailand stood at +4.8%. At the same time, Vietnam (+26.2%) and India (+24.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +26.2% from 2012-2021. China and Malaysia experienced a relatively flat trend pattern. While the share of Thailand (+9.3 p.p.) and India (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-1.7 p.p.) and Malaysia (-6.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest vulcanised rubber thread supplier in Asia, comprising 55% of total exports. The second position in the ranking was held by Malaysia ($X), with a 25% share of total exports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Thailand totaled +2.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-0.8% per year) and China (+4.3% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, picking up by 24% against the previous year. In general, the export price, however, continues to indicate a mild contraction. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the other leaders experienced a decline in the export price figures.

Vulcanised Rubber Thread Imports

Imports in Asia

In 2021, approx. X tons of vulcanised rubber thread and cord were imported in Asia; with an increase of 19% against the previous year's figure. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when imports increased by 34%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, vulcanised rubber thread imports surged to $X in 2021. Total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China dominates imports structure, accounting for X tons, which was approx. 67% of total imports in 2021. Bangladesh (X tons) ranks second in terms of the total imports with a 7.8% share, followed by Indonesia (5.2%). Vietnam (X tons), South Korea (X tons), Turkey (X tons) and Iran (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +9.0% from 2012 to 2021. At the same time, Bangladesh (+14.3%), Indonesia (+4.0%), Iran (+3.7%) and Turkey (+2.7%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Asia, with a CAGR of +14.3% from 2012-2021. South Korea experienced a relatively flat trend pattern. By contrast, Vietnam (-12.8%) illustrated a downward trend over the same period. While the share of China (+22 p.p.) and Bangladesh (+4.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Vietnam (-13.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported vulcanised rubber thread and cord in Asia, comprising 66% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 7.7% share of total imports. It was followed by Indonesia, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +7.5%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+12.4% per year) and Indonesia (+5.3% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, picking up by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Vietnam ($X per ton) and Turkey ($X per ton), while China ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for vulcanised rubber thread and cord in Asia?
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China remains the largest vulcanised rubber thread consuming country in Asia, comprising approx. 55% of total volume. Moreover, vulcanised rubber thread consumption in China exceeded the figures recorded by the second-largest consumer, India, sevenfold. Bangladesh ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of vulcanised rubber thread and cord in Asia?
+
Thailand constituted the country with the largest volume of vulcanised rubber thread production, comprising approx. 60% of total volume. Moreover, vulcanised rubber thread production in Thailand exceeded the figures recorded by the second-largest producer, Malaysia, twofold. The third position in this ranking was taken by India, with a 6.8% share.
What are the leading exporters of vulcanised rubber thread and cord in Asia?
+
In value terms, Thailand remains the largest vulcanised rubber thread supplier in Asia, comprising 55% of total exports. The second position in the ranking was held by Malaysia, with a 25% share of total exports. It was followed by China, with a 13% share.
What are the leading importers of vulcanised rubber thread and cord in Asia?
+
In value terms, China constitutes the largest market for imported vulcanised rubber thread and cord in Asia, comprising 66% of total imports. The second position in the ranking was taken by Bangladesh, with a 7.7% share of total imports. It was followed by Indonesia, with a 5.6% share.
What is the average export price for vulcanised rubber thread and cord in Asia?
+
The export price in Asia stood at $3,329 per ton in 2021, with an increase of 24% against the previous year.
What is the average import price for vulcanised rubber thread and cord in Asia?
+
In 2021, the import price in Asia amounted to $3,347 per ton, jumping by 30% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber thread market in Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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