Price for Rubber Thread and Cord; Textile Covered in Russia - 2022

Contents:

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

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

In 2022, the average import price for rubber thread and cord; textile covereds amounted to $4,270 per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The pace of growth was the most pronounced in 2020 an increase of 19%. The import price peaked at $5,701 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($11,105 per ton), while the price for China ($4,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for rubber thread and cord; textile covereds stood at $4,383 per ton in 2022, waning by -26.7% against the previous year. In general, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $8,364 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($12,289 per ton), while the average price for exports to Kazakhstan ($3,793 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 Armenia (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber Thread and Cord; Textile Covered in Russia

In 2022, after three years of growth, there was significant decline in overseas purchases of rubber thread and cord; textile covereds, when their volume decreased by -18.8% to 2.3K tons. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 14%.

In value terms, imports of rubber thread and cord; textile covereds declined to $9.9M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports reached the peak of $10M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber Thread and Cord; Textile Covered in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.48.78.78.610.4%
United Arab EmiratesN/AN/AN/A0.50%
UzbekistanN/AN/AN/A0.20%
Belarus0.80.80.9N/A6.1%
Others0.50.80.70.66.3%
Total7.610.310.39.99.2%

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

  1. China (2113.1 tons)
  2. United Arab Emirates (86.6 tons)
  3. Uzbekistan (45.7 tons)

Exports of Rubber Thread and Cord; Textile Covered in Russia

In 2022, shipments abroad of rubber thread and cord; textile covereds decreased by -45.3% to 57 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of 110 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of rubber thread and cord; textile covereds fell remarkably to $250K in 2022. In general, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. As a result, the exports reached the peak of $834K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber Thread and Cord; Textile Covered in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan12924716318312.4%
Moldova55.012312536.3-12.9%
Armenia15.57.95.223.615.0%
Uzbekistan2.77.641.71.5-17.8%
Ukraine22.454.822.00.5-71.8%
Belarus267336255N/A-2.3%
Others2.357.613.35.231.2%
Total494834625250-20.3%

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

  1. Kazakhstan (48.4 tons)
  2. Moldova (5.6 tons)
  3. Armenia (2.5 tons)
  4. Uzbekistan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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