Price for Rubber Thread and Cord; Textile Covered in Estonia - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Estonia (FOB) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Estonia (CIF) - 2022
- Exports of Rubber Thread and Cord; Textile Covered in Estonia
- Imports of Rubber Thread and Cord; Textile Covered in Estonia
Price for Rubber Thread and Cord; Textile Covered in Estonia (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $12,064 per ton, declining by -26.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 116%. As a result, the export price reached the peak level of $21,213 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 Latvia ($37,877 per ton), while the average price for exports to Bulgaria ($2,909 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 Russia (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Rubber Thread and Cord; Textile Covered in Estonia (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $9,425 per ton, waning by -11.5% against the previous year. Over the period under review, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 86%. Over the period under review, average import prices hit record highs at $12,222 per ton in 2019; however, from 2020 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 the UK ($40,636 per ton), while the price for Lithuania ($4,451 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber Thread and Cord; Textile Covered in Estonia
Exports of rubber thread and cord; textile covereds from Estonia surged to 18 tons in 2022, with an increase of 52% on 2021 figures. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber thread and cord; textile covereds expanded significantly to $215K in 2022. Overall, exports, however, recorded a slight reduction.
| Export of Rubber Thread and Cord; Textile Covered in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 156 | 119 | 122 | 131 | -5.7% |
| Denmark | 33.2 | 38.6 | 33.5 | 52.0 | 16.1% |
| Lithuania | 23.6 | 21.2 | 29.9 | 17.6 | -9.3% |
| Bulgaria | N/A | N/A | N/A | 10.4 | 0% |
| Others | 10.5 | 8.0 | 6.8 | 3.8 | -28.7% |
| Total | 223 | 187 | 192 | 215 | -1.2% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Estonia in 2022:
- Denmark (9.6 tons)
- Bulgaria (3.6 tons)
- Latvia (3.5 tons)
- Lithuania (1.1 tons)
Imports of Rubber Thread and Cord; Textile Covered in Estonia
After two years of decline, purchases abroad of rubber thread and cord; textile covereds increased by 121% to 16 tons in 2022. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber thread and cord; textile covereds surged to $151K in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% 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 Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 47.9 | 0% |
| China | 11.4 | 9.7 | 22.5 | 34.6 | 44.8% |
| Lithuania | 14.9 | 39.5 | 27.0 | 18.8 | 8.1% |
| United Kingdom | 19.4 | 27.9 | 1.0 | 15.6 | -7.0% |
| Germany | 0.6 | 1.1 | 1.0 | 7.9 | 136.1% |
| Poland | 9.0 | 11.2 | 2.7 | 3.5 | -27.0% |
| Taiwan (Chinese) | 30.3 | N/A | 2.3 | 2.9 | -54.3% |
| Finland | 9.7 | 4.8 | 3.9 | 2.9 | -33.1% |
| Latvia | 5.5 | 2.4 | 0.3 | 0.4 | -58.3% |
| Russia | 0.1 | 9.9 | 2.9 | N/A | 438.5% |
| Italy | 10.7 | 0.5 | 1.4 | N/A | -63.8% |
| Others | 29.4 | 15.5 | 11.9 | 16.2 | -18.0% |
| Total | 141 | 123 | 77.0 | 151 | 2.3% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Estonia in 2022:
- China (5.2 tons)
- Vietnam (4.4 tons)
- Lithuania (4.2 tons)
- Germany (0.7 tons)
- Poland (0.4 tons)
- United Kingdom (0.4 tons)
- Taiwan (Chinese) (0.1 tons)
- Finland (0.1 tons)
- Latvia (0.1 tons)
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