Price for Rubber Thread and Cord; Textile Covered in the United Arab Emirates - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in the United Arab Emirates (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in the United Arab Emirates (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in the United Arab Emirates
- Exports of Rubber Thread and Cord; Textile Covered in the United Arab Emirates
Price for Rubber Thread and Cord; Textile Covered in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $6,265 per ton, with a decrease of -17% against the previous year. In general, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2017 an increase of 50%. The import price peaked at $7,548 per ton in 2021, and then contracted rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Oman ($6,416 per ton), while the price for India ($4,925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $5,541 per ton, jumping by 33% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($8,297 per ton), while the average price for exports to Oman ($3,795 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 Qatar (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber Thread and Cord; Textile Covered in the United Arab Emirates
In 2022, purchases abroad of rubber thread and cord; textile covereds decreased by -4% to 540 tons, falling for the second year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 618 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 shrank sharply to $3.4M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40%.
| Import of Rubber Thread and Cord; Textile Covered in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 3.2 | 4.0 | 3.1 | 15.7% |
| India | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Saudi Arabia | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 2.5 | 3.5 | 4.2 | 3.4 | 10.8% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to the United Arab Emirates in 2022:
- China (515.1 tons)
- India (12.6 tons)
Exports of Rubber Thread and Cord; Textile Covered in the United Arab Emirates
In 2022, the amount of rubber thread and cord; textile covereds exported from the United Arab Emirates soared to 186 tons, rising by 15% on 2021 figures. Overall, exports, however, saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 73%.
In value terms, exports of rubber thread and cord; textile covereds soared to $1M in 2022. In general, exports, however, saw a abrupt downturn.
| Export of Rubber Thread and Cord; Textile Covered in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 258 | 19.2 | 123 | 447 | 20.1% |
| Canada | N/A | 38.3 | N/A | 273 | 167.0% |
| Kuwait | 49.1 | 59.4 | 151 | 166 | 50.1% |
| Oman | 99.3 | 55.9 | 125 | 119 | 6.2% |
| Jordan | 101 | 30.6 | 75.0 | N/A | -13.8% |
| Iran | 27.8 | 29.0 | 158 | N/A | 138.4% |
| Saudi Arabia | 1,023 | 172 | 0.9 | N/A | -97.0% |
| Others | 16.6 | 65.8 | 36.4 | 23.6 | 12.4% |
| Total | 1,575 | 470 | 670 | 1,028 | -13.3% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from the United Arab Emirates in 2022:
- Bahrain (88.6 tons)
- Canada (40.9 tons)
- Oman (31.2 tons)
- Kuwait (20.0 tons)
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