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

Contents:

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

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

The average import price for rubber thread and cord; textile covereds stood at $4,785 per ton in 2022, rising by 19% against the previous year. Overall, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 73% against the previous year. Over the period under review, average import prices reached the maximum at $7,685 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15,026 per ton), while the price for Portugal ($2,005 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rubber thread and cord; textile covereds stood at $9,191 per ton in 2022, with a decrease of -2.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 50% against the previous year. As a result, the export price reached the peak level of $10,105 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($12,929 per ton), while the average price for exports to Gibraltar ($6,526 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 Algeria (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber Thread and Cord; Textile Covered in Spain

In 2022, overseas purchases of rubber thread and cord; textile covereds decreased by -45% to 346 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, imports attained the peak of 630 tons, and then contracted sharply in the following year.

In value terms, imports of rubber thread and cord; textile covereds declined dramatically to $1.7M in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 210% against the previous year.

Import of Rubber Thread and Cord; Textile Covered in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2451,1861,00864137.8%
Portugal49.223.178637596.8%
Italy25.648.612116184.6%
France61.415724014533.2%
India97.013340.61197.1%
United Kingdom9.814.611683.1103.9%
Others1102932121326.3%
Total5981,8552,5241,65740.5%

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

  1. Portugal (187.0 tons)
  2. China (89.9 tons)
  3. India (20.6 tons)
  4. Italy (19.8 tons)
  5. France (15.0 tons)
  6. United Kingdom (5.5 tons)

Exports of Rubber Thread and Cord; Textile Covered in Spain

In 2022, after three years of growth, there was significant decline in overseas shipments of rubber thread and cord; textile covereds, when their volume decreased by -9.6% to 90 tons. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 63% against the previous year.

In value terms, exports of rubber thread and cord; textile covereds declined to $824K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 66%.

Export of Rubber Thread and Cord; Textile Covered in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France64.719926432871.8%
Tunisia1391551641768.2%
Italy83.610011396.14.8%
Portugal57.989.062.366.64.8%
Morocco43.415913859.010.8%
Gibraltar1.330.24.87.881.7%
AlgeriaN/A1.897.1N/A5294.4%
Others10282.392.191.2-3.7%
Total49281893582418.8%

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

  1. France (25.5 tons)
  2. Tunisia (18.7 tons)
  3. Morocco (7.9 tons)
  4. Italy (7.4 tons)
  5. Portugal (6.9 tons)
  6. Gibraltar (1.2 tons)

Source: IndexBox Market Intelligence Platform

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