EU: Tyre Cord Fabric Market 2020

Tyre Cord Fabric Market Size in the EU

The revenue of the tyre cord fabric market in the European Union amounted to $X in 2017, increasing by X% against the previous year. The tyre cord fabric consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the tyre cord fabric market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Tyre Cord Fabric Production in the EU

In 2017, approx. X square meters of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon were produced in the European Union; rising by X% against the previous year. The total output 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 most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The volume of tyre cord fabric production peaked in 2017, and is likely to see steady growth in the near future.

Tyre Cord Fabric Exports in the EU

In 2017, tyre cord fabric exports in the European Union totaled X square meters, coming down by -X% against the previous year. The tyre cord fabric exports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. The volume of exports peaked of X square meters in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, tyre cord fabric exports stood at $X in 2017. The tyre cord fabric exports continue to indicate a noticeable curtailment. In that year, the tyre cord fabric exports reached their peak level of $X. From 2012 to 2017, growth of the tyre cord fabric exports stood at a somewhat lower level.

Tyre Cord Fabric Exports by Country in the EU

Luxembourg was the largest exporting country with an export of around X square meters, which amounted to X% of total exports. Germany (X square meters) took a X% share (based on tons) of total exports, which put it in second place, followed by the Czech Republic (X%), Poland (X%), Italy (X%), Portugal (X%) and France (X%). Spain (X square meters) occupied the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to tyre cord fabric exports from Luxembourg stood at -X%. At the same time, Poland (+X%), Portugal (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Italy experienced a relatively flat trend pattern. By contrast, France (-X%), the Czech Republic (-X%) and Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Luxembourg, the Czech Republic, Spain and France increased by X%, X%, X% and X% percentage points, while Portugal (-X%), Germany (-X%) and Poland (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Luxembourg ($X), Germany ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports. Italy, the Czech Republic, Portugal, France and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Portugal (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Tyre Cord Fabric Export Prices by Country in the EU

In 2017, the tyre cord fabric export price in the European Union amounted to $X per thousand square meters, going up by X% against the previous year. The tyre cord fabric export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the export prices increased by X% against the previous year. The level of export price peaked of $X per thousand square meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per thousand square meters), while France ($X per thousand square meters) was amongst the lowest.

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

Tyre Cord Fabric Imports in the EU

In 2017, the amount of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon imported in the European Union stood at X square meters, jumping by X% against the previous year. The tyre cord fabric imports continue to indicate a noticeable drop. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The volume of imports peaked of X square meters in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, tyre cord fabric imports stood at $X in 2017. The tyre cord fabric imports continue to indicate a drastic downturn. Over the period under review, the tyre cord fabric imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Tyre Cord Fabric Imports by Country in the EU

In 2017, Germany (X square meters) and Romania (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 comprising X% of total imports. France (X square meters) took a X% share (based on tons) of total imports, which put it in second place, followed by Luxembourg (X%), Poland (X%), Hungary (X%), Spain (X%), the Czech Republic (X%), Italy (X%) and the UK (X%).

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

In value terms, Germany ($X), Romania ($X) and France ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Poland, Hungary, the UK, Luxembourg, Italy, Spain and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Hungary (+X% per year) experienced the highest rates of growth with regard to imports, in terms of 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 the EU

The tyre cord fabric import price in the European Union stood at $X per thousand square meters in 2017, growing by X% against the previous year. The tyre cord fabric import price continues to indicate a mild drop. The most prominent rate of growth was recorded in 2011, when the import prices increased by 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 reached 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.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the UK ($X per thousand square meters), while Luxembourg ($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 the Czech Republic (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform