Price for Rubber Thread and Cord; Textile Covered in Saudi Arabia - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Saudi Arabia (FOB) - 2022
- Exports of Rubber Thread and Cord; Textile Covered in Saudi Arabia
Price for Rubber Thread and Cord; Textile Covered in Saudi Arabia (FOB) - 2022
In 2021, the average export price for rubber thread and cord; textile covereds amounted to $2,324 per ton, picking up by 8% against the previous year. In general, the export price, however, saw a slight setback. The pace of growth appeared the most rapid in 2020 an increase of 30%. The export price peaked at $2,727 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($2,384 per ton), while the average price for exports to Oman ($1,019 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+5.2%), while the prices for the other major destinations experienced a decline.
Exports of Rubber Thread and Cord; Textile Covered in Saudi Arabia
In 2022, exports of rubber thread and cord; textile covereds from Saudi Arabia rose sharply to 735 tons, surging by 8.1% against 2021. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 131% against the previous year. As a result, the exports reached the peak of 1.7K 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 rose markedly to $1.7M in 2022. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 200%. As a result, the exports attained the peak of $3.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber Thread and Cord; Textile Covered in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Yemen | 968 | 3,449 | 1,525 | 25.5% |
| United Arab Emirates | 168 | 79.7 | 25.5 | -61.0% |
| Oman | 63.2 | 42.3 | 1.0 | -87.4% |
| Others | 3.1 | 40.8 | 29.8 | 210.0% |
| Total | 1,203 | 3,612 | 1,581 | 14.6% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Saudi Arabia in 2022:
- Yemen (639.6 tons)
- United Arab Emirates (25.0 tons)
- Oman (1.0 tons)
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