Czech Republic: Tyre Cord Fabric Market Overview 2020

Tyre Cord Fabric Market Size in the Czech Republic

The revenue of the tyre cord fabric market in the Czech Republic amounted to $X in 2018, going up by X% against the previous year. Overall, tyre cord fabric consumption continues to indicate a measured descent. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. In that year, the tyre cord fabric market attained its peak level of $X. From 2009 to 2018, the growth of the tyre cord fabric market remained at a lower figure.

Tyre Cord Fabric Production in the Czech Republic

In value terms, tyre cord fabric production totaled $X in 2018 estimated in export prices. Overall, tyre cord fabric production continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Over the period under review, tyre cord fabric production attained its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Tyre Cord Fabric Exports

Exports from the Czech Republic

In 2018, the amount of tyre cord fabric of high tenacity yarn exported from the Czech Republic stood at X tonnes, growing by X% against the previous year. In general, tyre cord fabric exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, tyre cord fabric exports stood at $X in 2018. Over the period under review, tyre cord fabric exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, tyre cord fabric exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Russia (X tonnes), Slovakia (X tonnes) and Germany (X tonnes) were the main destinations of tyre cord fabric exports from the Czech Republic, with a combined X% share of total exports. These countries were followed by Italy, Poland, Luxembourg, Belarus, Finland, Hungary, South Africa and Lithuania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belarus, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tyre cord fabric exported from the Czech Republic were Russia ($X), Germany ($X) and Slovakia ($X), together comprising X% of total exports. Luxembourg, Italy, Poland, Finland, South Africa, Belarus, Hungary and Lithuania lagged somewhat behind, together accounting for a further X the main countries of destination, Belarus (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tyre cord fabric export price stood at $X per tonne in 2018, approximately equating the previous year. In general, the tyre cord fabric export price continues to indicate a temperate decrease. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, the average export prices for tyre cord fabric of high tenacity yarn attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Luxembourg ($X per tonne), while the average price for exports to Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belarus, while the prices for the other major destinations experienced a decline.

Tyre Cord Fabric Imports

Imports into the Czech Republic

In 2018, the imports of tyre cord fabric of high tenacity yarn into the Czech Republic amounted to X tonnes, increasing by X% against the previous year. In general, tyre cord fabric imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. In that year, tyre cord fabric imports attained their peak of X tonnes. From 2009 to 2018, the growth of tyre cord fabric imports failed to regain its momentum.

In value terms, tyre cord fabric imports totaled $X in 2018. Overall, tyre cord fabric imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, tyre cord fabric imports attained their maximum at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

China (X tonnes), Germany (X tonnes) and South Korea (X tonnes) were the main suppliers of tyre cord fabric imports to the Czech Republic, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric suppliers to the Czech Republic were Germany ($X), Sweden ($X) and China ($X), together comprising X% of total imports. These countries were followed by South Korea, Portugal, Turkey and the United Arab Emirates, which together accounted for a further X the main suppliers, South Korea recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average tyre cord fabric import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the tyre cord fabric import price continues to indicate a mild decrease. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform