Price for Rubber Thread and Cord; Textile Covered in Brazil - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Brazil (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Brazil (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Brazil
- Exports of Rubber Thread and Cord; Textile Covered in Brazil
Price for Rubber Thread and Cord; Textile Covered in Brazil (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $4,700 per ton, surging by 13% against the previous year. Overall, the import price recorded a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. Over the period under review, average import prices attained the peak figure at $5,453 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($46,625 per ton), while the price for China ($3,447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in Brazil (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $8,773 per ton, rising by 9.7% against the previous year. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. The export price peaked at $12,366 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($9,945 per ton), while the average price for exports to Colombia ($6,397 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 Paraguay (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Rubber Thread and Cord; Textile Covered in Brazil
In 2022, the amount of rubber thread and cord; textile covereds imported into Brazil dropped to 225 tons, waning by -11.8% on the previous year's figure. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 245% against the previous year. As a result, imports attained the peak of 255 tons, and then declined in the following year.
In value terms, imports of rubber thread and cord; textile covereds shrank slightly to $1.1M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 163% against the previous year. As a result, imports reached the peak of $1.1M, leveling off in the following year.
| Import of Rubber Thread and Cord; Textile Covered in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 309 | 273 | 950 | 739 | 33.7% |
| Italy | 12.0 | 125 | 64.0 | 257 | 177.7% |
| Others | 14.5 | 4.0 | 46.0 | 59.3 | 59.9% |
| Total | 336 | 402 | 1,060 | 1,055 | 46.4% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Brazil in 2022:
- China (214.5 tons)
- Italy (5.5 tons)
Exports of Rubber Thread and Cord; Textile Covered in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of rubber thread and cord; textile covereds, when their volume decreased by -36.7% to 49 tons. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 78 tons, and then contracted markedly in the following year.
In value terms, exports of rubber thread and cord; textile covereds fell notably to $433K in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 93%. As a result, the exports attained the peak of $624K, and then reduced remarkably in the following year.
| Export of Rubber Thread and Cord; Textile Covered in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 85.7 | 127 | 287 | 229 | 38.8% |
| Paraguay | 85.5 | 107 | 207 | 109 | 8.4% |
| Colombia | 16.9 | 31.9 | 22.7 | 37.2 | 30.1% |
| Bolivia | 5.0 | 3.9 | 19.3 | 13.1 | 37.9% |
| Uruguay | 19.5 | 11.7 | 5.7 | 10.5 | -18.6% |
| Belarus | 116 | 30.8 | 64.9 | N/A | -25.2% |
| Others | 9.4 | 11.8 | 16.9 | 34.9 | 54.8% |
| Total | 338 | 323 | 624 | 433 | 8.6% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Brazil in 2022:
- Argentina (25.0 tons)
- Paraguay (13.1 tons)
- Colombia (5.8 tons)
- Bolivia (2.0 tons)
- Uruguay (1.1 tons)
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