Price for Rubber Thread and Cord; Textile Covered in Algeria - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Algeria (CIF) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Algeria
Price for Rubber Thread and Cord; Textile Covered in Algeria (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $4,884 per ton, falling by -3.2% against the previous year. In general, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 52% against the previous year. Over the period under review, average import prices reached the maximum at $5,044 per ton in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,260 per ton), while the price for the United Arab Emirates ($4,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber Thread and Cord; Textile Covered in Algeria
In 2022, approx. 367 tons of rubber thread and cord; textile covereds were imported into Algeria; with an increase of 34% compared with the previous year. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rubber thread and cord; textile covereds surged to $1.8M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 73%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Rubber Thread and Cord; Textile Covered in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 857 | 1,502 | 1,319 | 1,674 | 25.0% |
| United Arab Emirates | 4.0 | 8.8 | 20.7 | 81.8 | 173.5% |
| Others | 58.9 | 81.9 | 44.2 | 35.9 | -15.2% |
| Total | 920 | 1,593 | 1,384 | 1,792 | 24.9% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Algeria in 2022:
- China (342.9 tons)
- United Arab Emirates (20.3 tons)
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