World - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
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The global twine, cordage, rope, and cables market is projected to grow steadily over the next eight years, with a forecasted increase in both volume and value. Consumption saw a decline in 2022 after a decade of growth, with notable fluctuations in trend patterns recorded. Countries like China, Brazil, and the United States lead in terms of consumption and production. Imports and exports also show a positive trend, with countries like China, Portugal, and India emerging as major players. The article also discusses import and export prices, showing fluctuations and notable rates of growth in different countries over the years.
Market Forecast
Driven by increasing demand for twine, cordage, rope and cables worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market volume to 3.7M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.0% for the period from 2022 to 2030, which is projected to bring the market value to $14.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Twine, Cordage, Rope And Cables
After ten years of growth, consumption of twine, cordage, rope and cables decreased by -0.8% to 2.8M tons in 2022. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +75.6% against 2012 indices. Global consumption peaked at 2.9M tons in 2021, and then shrank modestly in the following year.
The global twine and cordage market value contracted modestly to $9.6B in 2022, reducing by -3.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +47.9% against 2013 indices. Over the period under review, the global market attained the maximum level at $10B in 2021, and then dropped modestly in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (545K tons), Brazil (327K tons) and the United States (238K tons), with a combined 39% share of global consumption.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Brazil (with a CAGR of +20.7%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest twine and cordage markets worldwide were the United States ($2.3B), China ($1.9B) and Turkey ($1B), together accounting for 55% of the global market.
In terms of the main consuming countries, Turkey, with a CAGR of +17.1%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of twine and cordage per capita consumption in 2022 were Brazil (1,516 kg per 1000 persons), Spain (1,379 kg per 1000 persons) and Turkey (1,065 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Brazil (with a CAGR of +19.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Twine, Cordage, Rope And Cables
In 2022, after ten years of growth, there was decline in production of twine, cordage, rope and cables, when its volume decreased by -1.4% to 2.9M tons. Over the period under review, the total production indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +70.3% against 2012 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15%. Over the period under review, global production hit record highs at 3M tons in 2021, and then reduced in the following year.
In value terms, twine and cordage production contracted to $9B in 2022 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.7% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of 21% against the previous year. As a result, production attained the peak level of $10.6B. From 2020 to 2022, global production growth failed to regain momentum.
Production By Country
The country with the largest volume of twine and cordage production was China (789K tons), accounting for 27% of total volume. Moreover, twine and cordage production in China exceeded the figures recorded by the second-largest producer, Brazil (339K tons), twofold. The third position in this ranking was held by India (261K tons), with an 8.9% share.
In China, twine and cordage production increased at an average annual rate of +6.2% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Brazil (+16.0% per year) and India (+6.0% per year).
Imports
World Imports of Twine, Cordage, Rope And Cables
In 2022, the amount of twine, cordage, rope and cables imported worldwide expanded slightly to 744K tons, picking up by 4.3% on 2021 figures. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 8.3%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, twine and cordage imports reached $2.8B in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports By Country
In 2022, the United States (103K tons), distantly followed by Indonesia (31K tons), Nigeria (31K tons), France (28K tons), Myanmar (25K tons), Germany (25K tons), Canada (23K tons), the UK (21K tons), South Korea (21K tons), India (17K tons), Chile (17K tons), Japan (15K tons) and Singapore (14K tons) were the major importers of twine, cordage, rope and cables, together comprising 50% of total imports. Indonesia (31K tons), Nigeria (31K tons), France (28K tons), Myanmar (25K tons), Germany (25K tons), Canada (23K tons), the UK (21K tons), South Korea (21K tons), India (17K tons), Chile (17K tons), Japan (15K tons) and Singapore (14K tons) followed a long way behind the leaders.
Imports into the United States increased at an average annual rate of +1.2% from 2012 to 2022. At the same time, Myanmar (+49.8%), Nigeria (+14.8%), South Korea (+13.3%), Indonesia (+7.1%), India (+6.8%), Chile (+4.2%), the UK (+2.7%), Canada (+2.7%), Singapore (+2.1%) and France (+1.5%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in the world, with a CAGR of +49.8% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Japan (-2.8%) illustrated a downward trend over the same period. While the share of Myanmar (+3.3 p.p.), Nigeria (+2.7 p.p.) and South Korea (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Japan (-1.7 p.p.) and the United States (-3.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($386M) constitutes the largest market for imported twine, cordage, rope and cables worldwide, comprising 14% of global imports. The second position in the ranking was taken by France ($121M), with a 4.3% share of global imports. It was followed by Germany, with a 4.2% share.
In the United States, twine and cordage imports expanded at an average annual rate of +2.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (+4.0% per year) and Germany (+2.5% per year).
Import Prices By Country
The average twine and cordage import price stood at $3,753 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. As a result, import price reached the peak level of $3,798 per ton, and then fell modestly in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($4,664 per ton), while Myanmar ($1,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Twine, Cordage, Rope And Cables
In 2022, overseas shipments of twine, cordage, rope and cables increased by 1.7% to 826K tons, rising for the sixth consecutive year after two years of decline. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 12% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, twine and cordage exports rose slightly to $3.4B in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. Over the period under review, the global exports hit record highs in 2022 and are likely to continue growth in the immediate term.
Exports By Country
In 2022, China (250K tons) was the major exporter of twine, cordage, rope and cables, committing 30% of total exports. Portugal (88K tons) took the second position in the ranking, followed by India (72K tons). All these countries together held approx. 19% share of total exports. The following exporters - South Korea (33K tons), Vietnam (30K tons), Bangladesh (23K tons), Tanzania (22K tons), the United States (22K tons), Hungary (21K tons), Brazil (18K tons), Turkey (18K tons), Iran (16K tons) and Thailand (16K tons) - together made up 26% of total exports.
From 2012 to 2022, average annual rates of growth with regard to twine and cordage exports from China stood at +3.7%. At the same time, Iran (+53.1%), Turkey (+15.2%), Vietnam (+15.2%), Hungary (+12.4%), Tanzania (+12.3%), India (+4.6%), Bangladesh (+4.0%), Thailand (+2.7%), the United States (+2.5%) and Portugal (+1.8%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the world, with a CAGR of +53.1% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Brazil (-5.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, China, Iran, Tanzania and Hungary increased by +2.4, +2.2, +1.9, +1.6 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($1B) remains the largest twine and cordage supplier worldwide, comprising 31% of global exports. The second position in the ranking was taken by Portugal ($259M), with a 7.7% share of global exports. It was followed by the United States, with a 6.5% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +6.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Portugal (+2.5% per year) and the United States (+3.9% per year).
Export Prices By Country
The average twine and cordage export price stood at $4,077 per ton in 2022, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 11%. The global export price peaked at $4,140 per ton in 2016; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($10,062 per ton), while Iran ($1,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global twine and cordage market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941133 -
- Prodcom 13941135 -
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
- Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
- Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
- Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
- Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
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