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

Contents:

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

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

The average export price for rubber thread and cord; textile covereds stood at $8,302 per ton in 2022, which is down by -13.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20%. The export price peaked at $9,580 per ton in 2021, and then contracted in the following year.

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 Albania ($17,381 per ton), while the average price for exports to the Netherlands ($5,770 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 Greece (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for rubber thread and cord; textile covereds stood at $5,389 per ton in 2022, picking up by 18% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $6,616 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($9,661 per ton), while the price for France ($2,126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber Thread and Cord; Textile Covered in Italy

In 2022, the amount of rubber thread and cord; textile covereds exported from Italy reached 1.2K tons, surging by 9.1% against 2021. Overall, total exports indicated a strong 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. Based on 2022 figures, exports increased by +58.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of rubber thread and cord; textile covereds declined to $10M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of $11M, and then declined in the following year.

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

1. Netherlands (313.6 tons)
2. United States (296.1 tons)
3. France (251.6 tons)
4. Croatia (52.6 tons)
5. Austria (34.3 tons)
6. Romania (33.8 tons)
7. Bulgaria (31.3 tons)
8. Chile (30.3 tons)
9. Germany (26.1 tons)
10. Spain (24.3 tons)
11. United Kingdom (22.8 tons)
12. Albania (2.7 tons)

Imports of Rubber Thread and Cord; Textile Covered in Italy

After three years of growth, overseas purchases of rubber thread and cord; textile covereds decreased by -43.1% to 660 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 111% against the previous year.

In value terms, imports of rubber thread and cord; textile covereds reduced markedly to $3.6M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year.

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

1. China (308.3 tons)
2. Romania (117.7 tons)
3. France (97.8 tons)
4. Belgium (37.3 tons)
5. Turkey (36.2 tons)
6. Switzerland (25.2 tons)
7. Czech Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform