Price for Rubber Thread and Cord; Textile Covered in Egypt - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Egypt (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Egypt (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Egypt
- Exports of Rubber Thread and Cord; Textile Covered in Egypt
Price for Rubber Thread and Cord; Textile Covered in Egypt (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $8,286 per ton in 2022, with an increase of 14% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Syrian Arab Republic ($8,287 per ton) and Israel ($8,286 per ton), while the price for China ($8,286 per ton) and Turkey ($8,286 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in Egypt (FOB) - 2022
The average export price for rubber thread and cord; textile covereds stood at $6,416 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 722%. The export price peaked at $11,749 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($6,417 per ton), while the average price for exports to Saudi Arabia ($6,400 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 Jordan (+5.7%), while the prices for the other major destinations experienced a decline.
Imports of Rubber Thread and Cord; Textile Covered in Egypt
In 2022, approx. 171 tons of rubber thread and cord; textile covereds were imported into Egypt; increasing by 118% on the previous year's figure. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 629% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of rubber thread and cord; textile covereds skyrocketed to $1.4M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 715% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Rubber Thread and Cord; Textile Covered in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 928 | 0% |
| China | 117 | 1,058 | 402 | 319 | 39.7% |
| Italy | 4.9 | 3.5 | 9.2 | 54.6 | 123.4% |
| Syrian Arab Republic | N/A | N/A | 40.3 | 40.3 | 0.0% |
| Turkey | 6.4 | 1.9 | 22.4 | 30.0 | 67.4% |
| Others | 5.9 | 32.2 | 96.4 | 47.6 | 100.6% |
| Total | 134 | 1,095 | 571 | 1,419 | 119.6% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Egypt in 2022:
- Israel (111.9 tons)
- China (38.5 tons)
- Italy (6.6 tons)
- Syrian Arab Republic (4.9 tons)
- Turkey (3.6 tons)
Exports of Rubber Thread and Cord; Textile Covered in Egypt
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber thread and cord; textile covereds, when their volume decreased by -97.3% to 6.5 tons. In general, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 328%. As a result, the exports reached the peak of 239 tons, and then shrank sharply in the following year.
In value terms, exports of rubber thread and cord; textile covereds reduced markedly to $42K in 2022. Overall, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 331%.
| Export of Rubber Thread and Cord; Textile Covered in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | N/A | N/A | 40.0 | 39.6 | -1.0% |
| Sudan | 115 | 489 | 1,468 | 1.2 | -78.1% |
| Saudi Arabia | N/A | N/A | N/A | 0.8 | 0% |
| Jordan | 1.6 | 13.6 | 31.6 | N/A | 344.4% |
| Others | N/A | N/A | 2.1 | 0.1 | -95.2% |
| Total | 117 | 503 | 1,542 | 41.6 | -29.2% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Egypt in 2022:
- Syrian Arab Republic (6.2 tons)
- Sudan (0.2 tons)
- Saudi Arabia (0.1 tons)
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