Latest Report Update: May 17, 2021

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

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Slovakia: Tyre Cord Fabric Market Overview 2021

Tyre Cord Fabric Market Size in Slovakia

In 2020, the Slovak tyre cord fabric market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, posted a tangible increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Tyre cord fabric consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Tyre Cord Fabric Exports

Exports from Slovakia

In 2020, approx. X tonnes of tyre cord fabric of high tenacity yarn were exported from Slovakia; growing by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, tyre cord fabric exports rose rapidly to $X in 2020. Overall, exports, however, saw a dramatic contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Sri Lanka (X tonnes) was the main destination for tyre cord fabric exports from Slovakia, accounting for a X% share of total exports. Moreover, tyre cord fabric exports to Sri Lanka exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Sri Lanka was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Czech Republic (-X% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Russia ($X) appeared to be the largest markets for tyre cord fabric exported from Slovakia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Germany saw 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

The average tyre cord fabric export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the export price faced a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Sri Lanka ($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 the Czech Republic, while the prices for the other major destinations experienced mixed trend patterns.

Tyre Cord Fabric Imports

Imports into Slovakia

In 2020, purchases abroad of tyre cord fabric of high tenacity yarn decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2016 to 2020, the growth imports remained at a lower figure.

In value terms, tyre cord fabric imports shrank to $X in 2020. Overall, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

Portugal (X tonnes), the Czech Republic (X tonnes) and Turkey (X tonnes) were the main suppliers of tyre cord fabric imports to Slovakia, with a combined X% share of total imports. Germany lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from Portugal stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-X% per year) and Turkey (+X% per year).

Import Prices by Country

The average tyre cord fabric import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the import price saw a perceptible downturn. 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 2008; however, from 2009 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, 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?
+
The country with the largest volume of tyre cord fabric consumption was China (173K tonnes), accounting for 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. The third position in this ranking was occupied by India (65K tonnes), 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. Germany (46K tonnes) ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of tyre cord fabric of high tenacity yarn to Slovakia?
+
In value terms, Portugal ($16M) constituted the largest supplier of tyre cord fabric to Slovakia, comprising 53% of total imports. The second position in the ranking was occupied by the Czech Republic ($7.1M), with a 24% share of total imports. It was followed by Turkey, with a 13% share.
What are the leading importers of tyre cord fabric of high tenacity yarn from Slovakia?
+
In value terms, the largest markets for tyre cord fabric exported from Slovakia were the Czech Republic ($65K), Germany ($58K) and Russia ($22K), together comprising 81% of total exports.
What is the average export price for tyre cord fabric of high tenacity yarn in Slovakia?
+
In 2020, the average tyre cord fabric export price amounted to $603 per tonne, falling by -85% against the previous year.
What is the average import price for tyre cord fabric of high tenacity yarn in Slovakia?
+
The average tyre cord fabric import price stood at $3,961 per tonne in 2020, waning by -8.5% 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 Slovakia. 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:
• Slovakia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Slovakia
• 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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