Report Update Apr 1, 2024

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

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Estonia: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Estonia

In 2022, the Estonian vulcanised rubber thread market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Vulcanised Rubber Thread Exports

Exports from Estonia

For the third consecutive year, Estonia recorded decline in overseas shipments of vulcanised rubber thread and cord, which decreased by X% to X kg in 2022. Overall, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber thread exports shrank to $X in 2022. In general, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Latvia (X kg), Finland (X kg) and Lithuania (X kg) were the main destinations of vulcanised rubber thread exports from Estonia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Finland ($X) remains the key foreign market for vulcanised rubber thread and cord exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Finland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average vulcanised rubber thread export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Thread Imports

Imports into Estonia

After two years of decline, purchases abroad of vulcanised rubber thread and cord increased by X% to X tons in 2022. Overall, imports enjoyed a resilient increase. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, vulcanised rubber thread imports surged to $X in 2022. In general, imports recorded a measured increase. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Denmark (X tons) and Finland (X kg) were the main suppliers of vulcanised rubber thread imports to Estonia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), Denmark ($X) and Finland ($X) appeared to be the largest vulcanised rubber thread suppliers to Estonia, together accounting for X% of total imports.

Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average vulcanised rubber thread import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vulcanised rubber thread and cord in the world?

China remains the largest vulcanised rubber thread consuming country worldwide, accounting for 31% of total volume. Moreover, vulcanised rubber thread consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Bangladesh ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of vulcanised rubber thread and cord in the world?

The country with the largest volume of vulcanised rubber thread production was Thailand, comprising approx. 50% 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 the United States, with a 9.3% share.

What are the leading suppliers of vulcanised rubber thread and cord to Estonia?

In value terms, Malaysia, Denmark and Finland constituted the largest vulcanised rubber thread suppliers to Estonia, with a combined 79% share of total imports.

What are the leading importers of vulcanised rubber thread and cord from Estonia?

In value terms, Finland $330) remains the key foreign market for vulcanised rubber thread and cord exports from Estonia, comprising 74% of total exports. The second position in the ranking was taken by Latvia $105), with a 24% share of total exports.

What is the average export price for vulcanised rubber thread and cord in Estonia?

In 2022, the average vulcanised rubber thread export price amounted to $89,000 per ton, jumping by 81% against the previous year.

What is the average import price for vulcanised rubber thread and cord in Estonia?

The average vulcanised rubber thread import price stood at $5,255 per ton in 2022, dropping by -60.3% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber thread market in Estonia. 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:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
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:

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