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Portugal - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Tyre Cord Fabric Market Overview 2021

Tyre Cord Fabric Market Size in Portugal

The Portuguese tyre cord fabric market skyrocketed to $X in 2020, growing by X% against the previous year. In general, consumption, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Tyre cord fabric consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Tyre Cord Fabric Production in Portugal

In value terms, tyre cord fabric production shrank to $X in 2020 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2020, production growth remained at a lower figure.

Tyre Cord Fabric Exports

Exports from Portugal

In 2020, overseas shipments of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes, falling for the second year in a row after four years of growth. Over the period under review, total exports indicated a perceptible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, tyre cord fabric exports declined rapidly to $X in 2020. Overall, total exports indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes), Germany (X tonnes) and Romania (X tonnes) were the main destinations of tyre cord fabric exports from Portugal, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia, while exports for the other leaders experienced mixed trend patterns.

In value terms, Slovakia ($X), Germany ($X) and Romania ($X) were the largest markets for tyre cord fabric exported from Portugal worldwide, together comprising X% of total exports.

Romania saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average tyre cord fabric export price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced mixed trend patterns.

Tyre Cord Fabric Imports

Imports into Portugal

After five years of growth, supplies from abroad of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes in 2020. Overall, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2019, and then shrank in the following year.

In value terms, tyre cord fabric imports reached $X in 2020. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

In 2020, Luxembourg (X tonnes) constituted the largest tyre cord fabric supplier to Portugal, with a X% share of total imports. Moreover, tyre cord fabric imports from Luxembourg exceeded the figures recorded by the second-largest supplier, China (X tonnes), fourfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Luxembourg amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

In value terms, Luxembourg ($X) constituted the largest supplier of tyre cord fabric to Portugal, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Luxembourg amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average tyre cord fabric import price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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?
+
China (173K tonnes) constituted the country with the largest volume of tyre cord fabric consumption, comprising approx. 19% of total volume. Moreover, tyre cord fabric consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (70K tonnes), twofold. India (65K tonnes) ranked third in terms of total consumption with a 7.1% share.
What are the largest producers of tyre cord fabric of high tenacity yarn in the world?
+
China (365K tonnes) constituted the country with the largest volume of tyre cord fabric production, accounting for 43% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, Viet Nam (71K tonnes), fivefold. The third position in this ranking was occupied by Germany (46K tonnes), with a 5.4% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Portugal?
+
In value terms, Luxembourg ($7.9M) constituted the largest supplier of tyre cord fabric to Portugal, comprising 78% of total imports. The second position in the ranking was occupied by China ($942K), with a 9.3% share of total imports. It was followed by Germany, with a 3.6% share.
What are the leading importers of tyre cord fabric of high tenacity yarn from Portugal?
+
In value terms, Slovakia ($14M), Germany ($9.6M) and Romania ($8.2M) were the largest markets for tyre cord fabric exported from Portugal worldwide, with a combined 72% share of total exports.
What is the average export price for tyre cord fabric of high tenacity yarn in Portugal?
+
In 2020, the average tyre cord fabric export price amounted to $4,555 per tonne, shrinking by -4% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Portugal?
+
The average tyre cord fabric import price stood at $5,902 per tonne in 2020, surging by 17% against 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 Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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