Southern Asia: Rubber Thread Market 2020

Rubber Thread Market Size in Southern Asia

The revenue of the rubber thread market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2008, when market value increased by X% against the previous year. Over the period under review, the rubber thread market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Rubber Thread Production in Southern Asia

The country with the largest volume of rubber thread production was Sri Lanka (X tons), comprising approx. X% of total production.

Rubber Thread Exports in Southern Asia

In 2017, approx. X tons of rubber thread and cord textile covered were exported in Southern Asia; dropping by -X% against the previous year. The rubber thread exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the rubber thread exports attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, rubber thread exports stood at $X in 2017. The rubber thread exports continue to indicate a prominent growth. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Rubber Thread Exports by Country in Southern Asia

Sri Lanka represented the largest exporter of rubber thread and cord textile covered in Southern Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2017. India (X tons) ranks second in terms of the global exports with a X% share, followed by Bangladesh (X%).

From 2007 to 2017, average annual rates of growth with regard to rubber thread exports from Sri Lanka stood at +X%. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. India experienced a relatively flat trend pattern. While the share of Bangladesh (-X%) and Sri Lanka (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) remains the largest rubber thread supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Sri Lanka totaled +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Bangladesh (+X% per year).

Rubber Thread Export Prices by Country in Southern Asia

In 2017, the rubber thread export price in Southern Asia amounted to $X per kg, surging by X% against the previous year. The export price indicated a remarkable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rubber thread export price increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the export prices for rubber thread and cord textile covered reached its maximum level in 2017, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Sri Lanka ($X per kg), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Sri Lanka (+X% per year), while the other leaders experienced more modest paces of growth.

Rubber Thread Imports in Southern Asia

The imports stood at X tons in 2017, remaining constant against the previous year. The rubber thread imports continue to indicate a temperate decline. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, rubber thread imports totaled $X in 2017. The rubber thread imports continue to indicate a measured drop. In that year, the rubber thread imports reached their peak level of $X. From 2009 to 2017, growth of the rubber thread imports stood at a somewhat lower level.

Rubber Thread Imports by Country in Southern Asia

India was the largest importer of rubber thread and cord textile covered in Southern Asia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2017. Pakistan (X tons) ranks second in terms of the global imports with a X% share, followed by Bangladesh (X%) and Sri Lanka (X%). Nepal (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest rubber thread markets worldwide were India ($X), Sri Lanka ($X) and Pakistan ($X), together accounting for X% of total imports. These countries were followed by Bangladesh and Nepal, which together accounted for a further X%.

Among the main importing countries , Nepal (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Rubber Thread Import Prices by Country in Southern Asia

In 2017, the rubber thread import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. The rubber thread import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2010; however, from 2011 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform