Report Indonesia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

Indonesia - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Indonesia: Tyre Cord Fabric Market 2023

Tyre Cord Fabric Market Size in Indonesia

The Indonesian tyre cord fabric market stood at $X in 2021, picking up by 3% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +109.3% against 2012 indices. Tyre cord fabric consumption peaked in 2021 and is likely to continue growth in years to come.

Tyre Cord Fabric Production in Indonesia

In value terms, tyre cord fabric production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a strong increase. The growth pace was the most rapid in 2014 with an increase of 38%. Tyre cord fabric production peaked at $X in 2020, and then shrank slightly in the following year.

Tyre Cord Fabric Exports

Exports from Indonesia

In 2021, shipments abroad of tyre cord fabric of high tenacity yarn was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -25.7% against 2018 indices. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, tyre cord fabric exports soared to $X in 2021. Overall, total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -20.4% against 2018 indices. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for tyre cord fabric exports from Indonesia, with a 33% share of total exports. Moreover, tyre cord fabric exports to Japan exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-0.4% per year) and the United States (+60.0% per year).

In value terms, Japan ($X), South Korea ($X) and India ($X) appeared to be the largest markets for tyre cord fabric exported from Indonesia worldwide, with a combined 60% share of total exports. These countries were followed by the United States, Thailand, Taiwan (Chinese), Brazil, South Africa and China, which together accounted for a further 31%.

In terms of the main countries of destination, Brazil, with a CAGR of +130.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average tyre cord fabric export price amounted to $X per ton, rising by 16% against the previous year. Overall, the export price, however, showed a pronounced curtailment. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.7%), while the prices for the other major destinations experienced a decline.

Tyre Cord Fabric Imports

Imports into Indonesia

In 2021, after two years of decline, there was significant growth in purchases abroad of tyre cord fabric of high tenacity yarn, when their volume increased by 31% to X tons. The total import volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, tyre cord fabric imports surged to $X in 2021. In general, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest tyre cord fabric supplier to Indonesia, with a 64% share of total imports. Moreover, tyre cord fabric imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+12.9% per year) and Taiwan (Chinese) (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of tyre cord fabric of high tenacity yarn to Indonesia, comprising 62% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 18% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+11.8% per year) and Taiwan (Chinese) (-5.4% per year).

Import Prices by Country

In 2021, the average tyre cord fabric import price amounted to $X per ton, rising by 37% against the previous year. Over the period under review, the import price, however, recorded a slight reduction. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tyre cord fabric of high tenacity yarn in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 34% share of global consumption. These countries were followed by Germany, Indonesia, India, France, South Korea, Thailand, Mexico, the UK, Japan and Turkey, which together accounted for a further 30%.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
The country with the largest volume of tyre cord fabric production was China, accounting for 27% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Vietnam ranked third in terms of total production with an 8.8% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Indonesia?
+
In value terms, China constituted the largest supplier of tyre cord fabric of high tenacity yarn to Indonesia, comprising 62% of total imports. The second position in the ranking was held by Vietnam, with an 18% share of total imports. It was followed by Taiwan Chinese), with an 11% share.
What are the leading importers of tyre cord fabric of high tenacity yarn from Indonesia?
+
In value terms, the largest markets for tyre cord fabric exported from Indonesia were Japan, South Korea and India, with a combined 60% share of total exports. These countries were followed by the United States, Thailand, Taiwan Chinese), Brazil, South Africa and China, which together accounted for a further 31%.
What is the average export price for tyre cord fabric of high tenacity yarn in Indonesia?
+
In 2021, the average tyre cord fabric export price amounted to $3,989 per ton, with an increase of 16% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Indonesia?
+
The average tyre cord fabric import price stood at $4,616 per ton in 2021, increasing by 37% against the previous year.

This report provides an in-depth analysis of the tyre cord fabric market in Indonesia. 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon
Country coverage:
• Indonesia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Indonesia
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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