Latest Report Update: Jan 18, 2021

Finland - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Tyre Cord Fabric Market Overview 2021

Tyre Cord Fabric Market Size in Finland

After three years of growth, the Finnish tyre cord fabric market decreased by -X% to $X in 2019. Over the period under review, consumption, however, recorded a buoyant increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Tyre Cord Fabric Exports

Exports from Finland

In 2019, overseas shipments of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes, falling for the fourth consecutive year after two years of growth. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports remained at a lower figure.

In value terms, tyre cord fabric exports reduced to $X in 2019. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2009; however, from 2010 to 2019, exports remained at a lower figure.

Exports by Country

Russia (X tonnes) was the main destination for tyre cord fabric exports from Finland, with a X% share of total exports. It was followed by Latvia (X tonnes), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Russia stood at -X%.

In value terms, Russia ($X) remains the key foreign market for tyre cord fabric exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Latvia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Russia stood at -X%.

Export Prices by Country

In 2019, the average tyre cord fabric export price amounted to $X per tonne, falling by -X% against the previous year. Overall, export price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, tyre cord fabric export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Latvia ($X per tonne), while the average price for exports to Russia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Russia.

Tyre Cord Fabric Imports

Imports into Finland

In 2019, purchases abroad of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, tyre cord fabric imports reduced to $X in 2019. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

South Korea (X tonnes), the Czech Republic (X tonnes) and Turkey (X tonnes) were the main suppliers of tyre cord fabric imports to Finland, together accounting for X% of total imports. China, Viet Nam, Luxembourg and Germany lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in China (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Turkey ($X) and South Korea ($X) appeared to be the largest tyre cord fabric suppliers to Finland, with a combined X% share of total imports. China, Germany, Luxembourg and Viet Nam lagged somewhat behind, together comprising a further X (+X% per year) 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 more modest paces of growth.

Import Prices by Country

In 2019, the average tyre cord fabric import price amounted to $X per tonne, approximately equating the previous year. Overall, the import price showed a slight decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyre cord fabric of high tenacity yarn in the world?
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The countries with the highest volumes of tyre cord fabric consumption in 2019 were China (156K tonnes), the U.S. (86K tonnes) and Germany (64K tonnes), together comprising 34% of global consumption. These countries were followed by Japan, India, Thailand, Brazil, Russia, Indonesia, France, the UK, Romania and Mexico, which together accounted for a further 34%.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
China (345K tonnes) constituted the country with the largest volume of tyre cord fabric production, comprising approx. 37% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, Viet Nam (137K tonnes), threefold. The third position in this ranking was occupied by Germany (54K tonnes), with a 5.7% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Finland?
+
In value terms, the Czech Republic ($4.1M), Turkey ($3.8M) and South Korea ($2.7M) constituted the largest tyre cord fabric suppliers to Finland, together comprising 77% of total imports. China, Germany, Luxembourg and Viet Nam lagged somewhat behind, together accounting for a further 21%.
What are the leading importers of tyre cord fabric of high tenacity yarn from Finland?
+
In value terms, Russia ($998K) remains the key foreign market for tyre cord fabric exports from Finland, comprising 91% of total exports. The second position in the ranking was occupied by Latvia ($84K), with a 7.6% share of total exports.
What is the average export price for tyre cord fabric of high tenacity yarn in Finland?
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In 2019, the average tyre cord fabric export price amounted to $5,666 per tonne, waning by -7.2% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Finland?
+
In 2019, the average tyre cord fabric import price amounted to $4,782 per tonne, approximately reflecting the previous year.

Product coverage:
• Prodcom 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

This report provides an in-depth analysis of the tyre cord fabric market in Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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