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

Contents:

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

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

The average import price for rubber thread and cord; textile covereds stood at $7,745 per ton in 2022, rising by 6.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 12%. Over the period under review, average import prices attained the maximum at $8,002 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($7,746 per ton) and Taiwan (Chinese) ($7,746 per ton), while the price for Indonesia ($7,691 per ton) and South Africa ($7,744 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rubber thread and cord; textile covereds stood at $8,778 per ton in 2022, growing by 36% against the previous year. In general, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 38%. As a result, the export price attained the peak level of $14,437 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($8,780 per ton) and Australia ($8,778 per ton), while the average price for exports to Slovenia ($8,775 per ton) and the UK ($8,776 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber Thread and Cord; Textile Covered in New Zealand

Imports of rubber thread and cord; textile covereds into New Zealand soared to 135 tons in 2022, increasing by 30% on the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. As a result, imports attained 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 $1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rubber Thread and Cord; Textile Covered in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32946352477433.0%
United States37.252.934.253.412.8%
India17.40.40.147.840.1%
Italy45.619.527.628.7-14.3%
South Korea19.68.057.626.811.0%
Thailand36.414.34.823.6-13.4%
South Africa6.423.027.522.151.1%
Australia24.321.113.014.8-15.2%
Taiwan (Chinese)47.817.230.414.3-33.1%
Netherlands9.710.918.112.69.1%
Others28.226.419.329.21.2%
Total6026567571,04720.3%

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

  1. China (99.9 tons)
  2. United States (6.9 tons)
  3. India (6.2 tons)
  4. Italy (3.7 tons)
  5. South Korea (3.5 tons)
  6. Thailand (3.0 tons)
  7. South Africa (2.9 tons)
  8. Australia (1.9 tons)
  9. Taiwan (Chinese) (1.8 tons)
  10. Netherlands (1.6 tons)

Exports of Rubber Thread and Cord; Textile Covered in New Zealand

In 2022, shipments abroad of rubber thread and cord; textile covereds decreased by -52.9% to 69 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 66%.

In value terms, exports of rubber thread and cord; textile covereds dropped notably to $603K in 2022. In general, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 67% against the previous year.

Export of Rubber Thread and Cord; Textile Covered in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia23532643340519.9%
United States61.894.587.069.84.1%
Canada33.119.137.242.78.9%
Netherlands92.210714739.9-24.4%
Chile14.930.734.117.45.3%
Japan6.87.518.612.020.8%
United Kingdom14.969.743.33.7-37.1%
SloveniaN/A53.943.62.6-78.0%
France4.572.465.3N/A280.9%
Others14.917.835.310.7-10.4%
Total4787999446038.1%

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

  1. Australia (46.1 tons)
  2. United States (8.0 tons)
  3. Canada (4.9 tons)
  4. Netherlands (4.5 tons)
  5. Chile (2.0 tons)
  6. Japan (1.4 tons)
  7. United Kingdom (0.4 tons)
  8. Slovenia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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