Price for Rubber Thread and Cord; Textile Covered in Japan - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Japan (CIF) - 2024
- Price for Rubber Thread and Cord; Textile Covered in Japan (FOB) - 2024
- Imports of Rubber Thread and Cord; Textile Covered in Japan
- Exports of Rubber Thread and Cord; Textile Covered in Japan
Price for Rubber Thread and Cord; Textile Covered in Japan (CIF) - 2024
The average import price for rubber thread and cord; textile covereds stood at $6,540 per ton in April 2024, with a decrease of -35% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 116% m-o-m. The import price peaked at $12,928 per ton in December 2023; however, from January 2024 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Taiwan (Chinese) ($40,060 per ton), while the price for Thailand ($5,280 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Rubber Thread and Cord; Textile Covered in Japan (FOB) - 2024
The average export price for rubber thread and cord; textile covereds stood at $27,294 per ton in April 2024, surging by 12% against the previous month. Overall, export price indicated slight growth from April 2023 to April 2024: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, export price for rubber thread and cord; textile covereds increased by +48.4% against February 2024 indices. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 73% m-o-m. As a result, the export price attained the peak level of $34,484 per ton. From February 2024 to April 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($40,778 per ton), while the average price for exports to Myanmar ($19,445 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber Thread and Cord; Textile Covered in Japan
In 2022, overseas purchases of rubber thread and cord; textile covereds decreased by -0.3% to 393 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 -26.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports reached the peak of 531 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of rubber thread and cord; textile covereds dropped modestly to $3.6M in 2022. Overall, imports, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. As a result, imports attained the peak of $6.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Rubber Thread and Cord; Textile Covered in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,774 | 4,704 | 2,438 | 2,094 | 5.7% |
| Taiwan (Chinese) | 449 | 350 | 398 | 505 | 4.0% |
| Thailand | 379 | 316 | 409 | 430 | 4.3% |
| Italy | 150 | 190 | 164 | 187 | 7.6% |
| Malaysia | 118 | 113 | 124 | 130 | 3.3% |
| Switzerland | 68.4 | 113 | 102 | 100 | 13.5% |
| Vietnam | 32.5 | 195 | 44.7 | 15.3 | -22.2% |
| Philippines | 237 | 114 | N/A | N/A | -51.9% |
| Others | 198 | 136 | 111 | 142 | -10.5% |
| Total | 3,406 | 6,230 | 3,790 | 3,605 | 1.9% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Japan in 2022:
- China (241.5 tons)
- Thailand (65.4 tons)
- Malaysia (32.0 tons)
- Taiwan (Chinese) (17.1 tons)
- Italy (16.7 tons)
- Switzerland (10.2 tons)
- Vietnam (2.5 tons)
Exports of Rubber Thread and Cord; Textile Covered in Japan
In 2022, shipments abroad of rubber thread and cord; textile covereds increased by 34% to 66 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt slump.
In value terms, exports of rubber thread and cord; textile covereds expanded modestly to $1.5M in 2022. In general, exports, however, showed a abrupt decline.
| Export of Rubber Thread and Cord; Textile Covered in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 384 | 270 | 358 | 383 | -0.1% |
| Indonesia | 313 | 164 | 250 | 290 | -2.5% |
| Vietnam | 382 | 279 | 249 | 259 | -12.1% |
| Thailand | 320 | 345 | 202 | 115 | -28.9% |
| Philippines | 55.2 | 117 | 41.9 | 82.4 | 14.3% |
| Myanmar | 62.6 | 81.4 | 34.5 | 78.1 | 7.7% |
| Bangladesh | 38.3 | 34.3 | 62.2 | 47.2 | 7.2% |
| Saudi Arabia | 54.2 | N/A | 30.7 | 43.4 | -7.1% |
| Hong Kong SAR | 108 | 25.1 | 12.4 | 18.3 | -44.7% |
| Cambodia | 93.6 | 66.1 | 13.6 | 11.3 | -50.6% |
| Others | 258 | 252 | 227 | 189 | -9.9% |
| Total | 2,070 | 1,633 | 1,481 | 1,518 | -9.8% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Japan in 2022:
- China (22.6 tons)
- Philippines (10.0 tons)
- Vietnam (9.0 tons)
- Indonesia (5.6 tons)
- Thailand (4.8 tons)
- Myanmar (4.6 tons)
- Saudi Arabia (3.2 tons)
- Bangladesh (1.5 tons)
- Hong Kong SAR (0.6 tons)
- Cambodia (0.3 tons)
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