Price for Rubber Thread and Cord; Textile Covered in Belgium - 2024

Contents:

  1. Price for Rubber Thread and Cord; Textile Covered in Belgium (CIF) - 2022
  2. Price for Rubber Thread and Cord; Textile Covered in Belgium (FOB) - 2022
  3. Imports of Rubber Thread and Cord; Textile Covered in Belgium
  4. Exports of Rubber Thread and Cord; Textile Covered in Belgium

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

In 2022, the average import price for rubber thread and cord; textile covereds amounted to $7,340 per ton, which is down by -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. The import price peaked at $7,900 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,711 per ton), while the price for Thailand ($5,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rubber thread and cord; textile covereds stood at $8,756 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber thread and cord; textile covereds increased by +33.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. As a result, the export price attained the peak level of $9,172 per ton, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,537 per ton), while the average price for exports to the UK ($6,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber Thread and Cord; Textile Covered in Belgium

In 2022, approx. 791 tons of rubber thread and cord; textile covereds were imported into Belgium; increasing by 9.3% compared with the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.3% 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 +69.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of rubber thread and cord; textile covereds stood at $5.8M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 124%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Rubber Thread and Cord; Textile Covered in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2823,1922,3001,87087.9%
Thailand1,1011,0751,3421,82818.4%
Germany29936852565529.9%
Vietnam22724124655234.5%
Netherlands3564485233782.0%
France15228420930225.7%
Malaysia59.651.951.911123.0%
Others116144233108-2.4%
Total2,5945,8045,4295,80430.8%

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

  1. Thailand (346.7 tons)
  2. China (199.3 tons)
  3. Vietnam (76.8 tons)
  4. Netherlands (70.8 tons)
  5. Germany (47.8 tons)
  6. France (29.2 tons)
  7. Malaysia (13.6 tons)

Exports of Rubber Thread and Cord; Textile Covered in Belgium

In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -10.8% to 493 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 136%. As a result, the exports reached the peak of 824 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of rubber thread and cord; textile covereds fell to $4.3M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 131%. As a result, the exports reached the peak of $5.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber Thread and Cord; Textile Covered in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8941,7031,6891,52619.5%
Netherlands5035866611,23434.9%
France2201,4881,59452633.7%
United Kingdom480882506468-0.8%
Italy3.953.0154240294.8%
Poland1.818535.817.6113.8%
Hungary0.515793.116.2218.8%
Others2383583392937.2%
Total2,3415,4125,0724,32122.7%

Top Export Markets for Rubber Thread and Cord; Textile Covered from Belgium in 2022:

  1. Germany (170.6 tons)
  2. Netherlands (117.1 tons)
  3. France (77.3 tons)
  4. United Kingdom (71.8 tons)
  5. Italy (27.0 tons)
  6. Poland (1.7 tons)
  7. Hungary (1.0 tons)

Source: IndexBox Market Intelligence Platform

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