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

Contents:

1. Price for Rubber Thread and Cord; Textile Covered in Germany (FOB) - 2022
2. Price for Rubber Thread and Cord; Textile Covered in Germany (CIF) - 2024
3. Exports of Rubber Thread and Cord; Textile Covered in Germany
4. Imports of Rubber Thread and Cord; Textile Covered in Germany

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

In 2022, the average export price for rubber thread and cord; textile covereds amounted to $11,367 per ton, stabilizing at the previous year. Overall, the export price saw a pronounced downturn. The growth pace was the most rapid in 2020 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum at $17,817 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($30,672 per ton), while the average price for exports to the Netherlands ($6,291 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 the UK (+10.2%), while the prices for the other major destinations experienced a decline.

Price for Rubber Thread and Cord; Textile Covered in Germany (CIF) - 2024

The average import price for rubber thread and cord; textile covereds stood at $8,153 per ton in March 2024, falling by -13.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 73% month-to-month. As a result, import price attained the peak level of $13,101 per ton. From October 2023 to March 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($15,866 per ton), while the price for China ($4,247 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber Thread and Cord; Textile Covered in Germany

In 2022, overseas shipments of rubber thread and cord; textile covereds decreased by -12% to 773 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of 879 tons, and then dropped in the following year.

In value terms, exports of rubber thread and cord; textile covereds fell to $8.8M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $10M, and then dropped in the following year.

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

1. Netherlands (449.0 tons)
2. France (75.5 tons)
3. Belgium (26.8 tons)
4. Poland (23.8 tons)
5. Switzerland (23.2 tons)
6. Austria (22.4 tons)
7. Denmark (18.6 tons)
8. Czech Republic (13.8 tons)
9. United Kingdom (11.0 tons)
10. Hungary (9.4 tons)

Imports of Rubber Thread and Cord; Textile Covered in Germany

In 2022, after three years of growth, there was significant decline in purchases abroad of rubber thread and cord; textile covereds, when their volume decreased by -21.3% to 805 tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% 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 2020 with an increase of 51% against the previous year.

In value terms, imports of rubber thread and cord; textile covereds shrank dramatically to $6.5M in 2022. In general, total imports indicated a remarkable increase 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. Based on 2022 figures, imports decreased by -28.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year. As a result, imports reached the peak of $9.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (218.2 tons)
2. Switzerland (153.2 tons)
3. Thailand (146.1 tons)
4. Belgium (97.3 tons)
5. Netherlands (43.3 tons)
6. France (25.9 tons)
7. Czech Republic (21.3 tons)
8. Malaysia (21.2 tons)
9. Turkey (16.9 tons)

Source: IndexBox Market Intelligence Platform