Eastern Asia: Tyre Cord Fabric Market 2020

Tyre Cord Fabric Market Size in Eastern Asia

The revenue of the tyre cord fabric market in Eastern Asia amounted to $X in 2017, dropping by -X% against the previous year. The tyre cord fabric consumption continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. In that year, the tyre cord fabric market attained their peak level of $X. From 2012 to 2017, growth of the tyre cord fabric market failed to regain its momentum.

Tyre Cord Fabric Production in Eastern Asia

The tyre cord fabric production totaled X square meters in 2017, remaining constant against the previous year. The tyre cord fabric production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the tyre cord fabric production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Tyre Cord Fabric Exports in Eastern Asia

The exports amounted to X square meters in 2017, coming up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the tyre cord fabric exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, tyre cord fabric exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the tyre cord fabric exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Tyre Cord Fabric Exports by Country in Eastern Asia

In 2017, China (X square meters) represented the major exporter for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon, creating X% of total exports. It was distantly followed by South Korea (X square meters) and Taiwan, Chinese (X square meters), together mixed up X% share of total exports.

China was also the fastest growing in terms of the tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon exports, with a CAGR of +X% from 2007 to 2017. South Korea (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Taiwan, Chinese and South Korea increased by X% and X% percentage points, while China (-X%) saw their share reduced.

In value terms, China ($X) remains the largest tyre cord fabric supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In China, tyre cord fabric exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-X% per year) and Taiwan, Chinese (-X% per year).

Tyre Cord Fabric Export Prices by Country in Eastern Asia

In 2017, the tyre cord fabric export price in Eastern Asia amounted to $X per thousand square meters, picking up by X% against the previous year. The tyre cord fabric export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. In that year, the export prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon attained their peak level of $X per thousand square meters. From 2012 to 2017, growth of the export prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Taiwan, Chinese ($X per thousand square meters) and South Korea ($X per thousand square meters), while China ($X per thousand square meters) and South Korea ($X per thousand square meters) were amongst the lowest.

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

Tyre Cord Fabric Imports in Eastern Asia

In 2017, the amount of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon imported in Eastern Asia totaled X square meters, standing approx. at the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked of X square meters in 2016, leveling off in the following year.

In value terms, tyre cord fabric imports totaled $X in 2017. The total imports indicated a conspicuous expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tyre cord fabric imports decreased by -X% against 2014 indices. Over the period under review, the tyre cord fabric imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Tyre Cord Fabric Imports by Country in Eastern Asia

In 2017, Japan (X square meters) and South Korea (X square meters) represented the main importers of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon in the globe, together creating X% of total imports. China (X square meters) ranks second in terms of the global imports with a X% share, followed by Taiwan, Chinese (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric markets worldwide were Japan ($X), South Korea ($X) and China ($X), together accounting for X% of total imports.

Japan (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Tyre Cord Fabric Import Prices by Country in Eastern Asia

The tyre cord fabric import price in Eastern Asia stood at $X per thousand square meters in 2017, falling by -X% against the previous year. The tyre cord fabric import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. In that year, the import prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon attained their peak level of $X per thousand square meters. From 2012 to 2017, growth of the import prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per thousand square meters), while Japan ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform