India: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in India

The Indian vulcanised rubber thread market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption showed a pronounced setback. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vulcanised Rubber Thread Production in India

In value terms, vulcanised rubber thread production rose notably to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Vulcanised Rubber Thread Exports

Exports from India

In 2022, approx. X tons of vulcanised rubber thread and cord were exported from India; growing by X% compared with the previous year's figure. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, vulcanised rubber thread exports rose remarkably to $X in 2022. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for vulcanised rubber thread exports from India, with a X% share of total exports. Moreover, vulcanised rubber thread exports to Turkey exceeded the volume sent to the second major destination, Brazil (X tons), twofold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Egypt (X% per year).

In value terms, Turkey ($X) remains the key foreign market for vulcanised rubber thread and cord exports from India, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

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

Export Prices by Country

The average vulcanised rubber thread export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Brazil ($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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Thread Imports

Imports into India

In 2022, imports of vulcanised rubber thread and cord into India declined rapidly to X tons, which is down by X% against 2021 figures. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, vulcanised rubber thread imports fell dramatically to $X in 2022. In general, imports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest vulcanised rubber thread supplier to India, accounting for a X% share of total imports. Moreover, vulcanised rubber thread imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and France (X% per year).

In value terms, the largest vulcanised rubber thread suppliers to India were Thailand ($X), Malaysia ($X) and France ($X), with a combined X% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, rising by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber thread import price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :