Global Rubber Thread Market 2020

Rubber Thread Market Size

The global rubber thread market revenue amounted to $X in 2017, going down by -X% against the previous year. Overall, rubber thread consumption continues to indicate a drastic slump. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the global rubber thread market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Rubber Thread Production

In 2017, the global production of rubber thread and cord textile covered amounted to X tons, picking up by X% against the previous year. Overall, rubber thread production continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% y-o-y. Global rubber thread production peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Rubber Thread Exports

Global exports totaled X tons in 2017, surging by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when exports increased by X% y-o-y. Over the period under review, the global rubber thread exports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, rubber thread exports totaled $X in 2017. In general, the total exports indicated a strong increase from 2007 to 2017: its value 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 exports increased by +X% against 2009 indices. Over the period under review, the global rubber thread exports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Rubber Thread Exports by Country

China prevails in rubber thread exports structure, resulting at X tons, which was near X% of total exports in 2017. Italy (X tons) ranks second in terms of the global exports with a X% share, followed by the U.S. (X%). South Korea (X tons), Germany (X tons), Taiwan, Chinese (X tons), Malaysia (X tons), France (X tons), Turkey (X tons), Vietnam (X tons), Poland (X tons) and the Czech Republic (X tons) occupied the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to rubber thread exports from China stood at +X%. At the same time, Poland (+X%), Vietnam (+X%), Italy (+X%), Malaysia (+X%), Turkey (+X%), South Korea (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%), Germany (-X%), the U.S. (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. The U.S. (X%), Taiwan, Chinese (X%) and Germany (X%) significantly strengthened its position in terms of the global exports, while Malaysia, South Korea, Italy and China saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest rubber thread supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and France (-X% per year).

Rubber Thread Export Prices by Country

In 2017, the average rubber thread export price amounted to $X per ton, approximately equating the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when the average export prices increased by X% against the previous year. Global export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per kg), while Malaysia ($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 China (+X% per year), while the other global leaders experienced more modest paces of growth.

Rubber Thread Imports

In 2017, the global rubber thread imports stood at X tons, rising by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Global imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, rubber thread imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the global rubber thread imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Rubber Thread Imports by Country

Vietnam (X tons) and Indonesia (X tons) represented roughly X% of total imports of rubber thread and cord textile covered in 2017. Egypt (X tons) held the second position in the ranking, followed by Turkey (X tons). All these countries together took approx. X% share of total imports. Mexico (X tons), China (X tons), the U.S. (X tons), the UK (X tons), Thailand (X tons), Romania (X tons), France (X tons) and Germany (X tons) took the slight share of total imports.

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

In value terms, Vietnam ($X) constitutes the largest market for imported rubber thread and cord textile covered worldwide, making up X% of global imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Vietnam amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Mexico (+X% per year).

Rubber Thread Import Prices by Country

In 2017, the average rubber thread import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, rubber thread import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Over the period under review, the average import prices for rubber thread and cord textile covered reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Romania ($X per kg), while Turkey ($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 China (+X% per year), while the other global leaders experienced more modest paces of growth.

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Source: IndexBox Platform