Report MENA - Vulcanised Rubber Thread and Cord - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 1, 2023

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

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MENA: Vulcanised Rubber Thread Market 2023

Vulcanised Rubber Thread Market Size in MENA

In 2021, the MENA's vulcanised rubber thread market increased by 9.2% to $X, rising for the fifth year in a row after three years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Thread Production in MENA

In value terms, vulcanised rubber thread production skyrocketed to $X in 2021 estimated in export price. In general, production saw tangible growth. The growth pace was the most rapid in 2013 with an increase of 58% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Vulcanised Rubber Thread Exports

Exports in MENA

In 2021, exports of vulcanised rubber thread and cord in MENA soared to X tons, jumping by 109% compared with 2020. Overall, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber thread exports surged to $X in 2021. Over the period under review, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, amounting to X tons, which was near 95% of total exports in 2021. Saudi Arabia (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the vulcanised rubber thread and cord exports, with a CAGR of +18.5% from 2012 to 2021. At the same time, Saudi Arabia (+10.7%) displayed positive paces of growth. While the share of Turkey (+22 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest vulcanised rubber thread supplier in MENA, comprising 97% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 1% share of total exports.

In Turkey, vulcanised rubber thread exports expanded at an average annual rate of +16.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, picking up by 31% against the previous year. Over the period under review, the export price, however, recorded a slight reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.8%).

Vulcanised Rubber Thread Imports

Imports in MENA

In 2021, after three years of growth, there was decline in supplies from abroad of vulcanised rubber thread and cord, when their volume decreased by -2.1% to X tons. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 38% against the previous year. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, vulcanised rubber thread imports skyrocketed to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.5% against 2016 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons) and Iran (X tons) represented roughly 60% of total imports in 2021. Egypt (X tons) took the next position in the ranking, followed by the United Arab Emirates (X tons), Algeria (X tons), Morocco (X tons) and Tunisia (X tons). All these countries together took approx. 31% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Algeria (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber thread importing markets in MENA were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), with a combined 65% share of total imports. Algeria, Egypt, Morocco and Tunisia lagged somewhat behind, together comprising a further 24%.

Among the main importing countries, Algeria, with a CAGR of +21.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, surging by 24% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Algeria ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence 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 vulcanised rubber thread and cord in MENA?
+
The countries with the highest volumes of consumption in 2021 were Iran, Turkey and Saudi Arabia, together comprising 62% of total consumption. Egypt, the United Arab Emirates, Algeria and Morocco lagged somewhat behind, together accounting for a further 24%.
What are the largest producers of vulcanised rubber thread and cord in MENA?
+
Saudi Arabia constituted the country with the largest volume of vulcanised rubber thread production, accounting for 75% of total volume. Moreover, vulcanised rubber thread production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Turkey, fourfold.
What are the leading exporters of vulcanised rubber thread and cord in MENA?
+
In value terms, Turkey remains the largest vulcanised rubber thread supplier in MENA, comprising 97% of total exports. The second position in the ranking was taken by Saudi Arabia, with a 1% share of total exports.
What are the leading importers of vulcanised rubber thread and cord in MENA?
+
In value terms, the largest vulcanised rubber thread importing markets in MENA were Turkey, Iran and the United Arab Emirates, together accounting for 65% of total imports. Algeria, Egypt, Morocco and Tunisia lagged somewhat behind, together accounting for a further 24%.
What is the average export price for vulcanised rubber thread and cord in MENA?
+
The export price in MENA stood at $3,739 per ton in 2021, picking up by 31% against the previous year.
What is the average import price for vulcanised rubber thread and cord in MENA?
+
In 2021, the import price in MENA amounted to $3,786 per ton, with an increase of 24% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber thread market in MENA. 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:
• Bahrain
• Djibouti
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Tunisia
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in MENA, split by region and country
• Trade (exports and imports) in MENA
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Bahrain
• Djibouti
• Egypt
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Libya
• Morocco
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Tunisia
• Turkey
• United Arab Emirates
• Yemen
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, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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