Price for Rubber Thread and Cord; Textile Covered in Belarus - 2022

Price for Rubber Thread and Cord; Textile Covered in Belarus (CIF) - 2022

In 2022, the average import price for rubber thread and cord; textile covereds amounted to $6,002 per ton, surging by 23% against the previous year. In general, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 60%. Over the period under review, average import prices attained the maximum at $11,360 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($20,052 per ton), while the price for China ($3,326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber Thread and Cord; Textile Covered in Belarus (FOB) - 2022

The average export price for rubber thread and cord; textile covereds stood at $7,452 per ton in 2022, with an increase of 127% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $8,170 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($17,864 per ton), while the average price for exports to Russia totaled $7,194 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+9.0%).

Imports of Rubber Thread and Cord; Textile Covered in Belarus

After two years of decline, overseas purchases of rubber thread and cord; textile covereds increased by 26% to 267 tons in 2022. Over the period under review, imports, however, saw a deep contraction.

In value terms, imports of rubber thread and cord; textile covereds skyrocketed to $1.6M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rubber Thread and Cord; Textile Covered in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	536	412	301	557	1.3%
Russia	267	336	255	382	12.7%
Poland	130	126	218	296	31.6%
Brazil	162	115	134	184	4.3%
Turkey	57.7	167	55.5	125	29.4%
Others	17.5	24.7	76.2	57.9	49.0%
Total	1,171	1,182	1,040	1,602	11.0%

Top Suppliers of Rubber Thread and Cord; Textile Covered to Belarus in 2022:

China (167.5 tons)
Russia (32.9 tons)
Poland (31.3 tons)
Turkey (23.0 tons)
Brazil (9.2 tons)

Exports of Rubber Thread and Cord; Textile Covered in Belarus

In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -99.4% to 1.7 tons, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 2.4%. As a result, the exports attained the peak of 384 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber thread and cord; textile covereds dropped notably to $13K in 2022. In general, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year.