Thailand - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Thread Price in Thailand - 2023
Contents:
- Vulcanised Rubber Thread Price in Thailand (FOB) - 2023
- Vulcanised Rubber Thread Price in Thailand (CIF) - 2022
- Vulcanised Rubber Thread Exports in Thailand
- Vulcanised Rubber Thread Imports in Thailand
Vulcanised Rubber Thread Price in Thailand (FOB) - 2023
In September 2023, the average vulcanised rubber thread export price amounted to $2,326 per ton, almost unchanged from the previous month. In general, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 5.5% m-o-m. Over the period under review, the average export prices reached the maximum at $2,703 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the highest price was recorded for prices to Iran ($3,041 per ton) and Italy ($2,533 per ton), while the average price for exports to Bangladesh ($2,238 per ton) and Indonesia ($2,279 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-0.0%), while the prices for the other major destinations experienced a decline.
Vulcanised Rubber Thread Price in Thailand (CIF) - 2022
The average vulcanised rubber thread import price stood at $12,675 per ton in 2022, with an increase of 36% against the previous year. Overall, the import price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2016 an increase of 270%. The import price peaked at $25,598 per ton in 2017; however, from 2018 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 Malaysia ($61,000 per ton), while the price for China ($6,117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Thread Exports in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of vulcanised rubber thread and cord, when their volume decreased by -11% to 125K tons. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 16%. As a result, the exports reached the peak of 141K tons, and then declined in the following year.
In value terms, vulcanised rubber thread exports reduced to $380M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +29.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47%. As a result, the exports reached the peak of $439M, and then contracted in the following year.
Export of Vulcanised Rubber Thread in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 185 | 172 | 276 | 233 | 8.0% |
Vietnam | 12.2 | 13.3 | 18.6 | 16.8 | 11.3% |
Bangladesh | 5.8 | 7.0 | 13.1 | 13.3 | 31.9% |
Indonesia | 9.5 | 9.4 | 15.3 | 12.0 | 8.1% |
Iran | 6.5 | 9.5 | 5.9 | 10.9 | 18.8% |
Italy | 7.1 | 7.0 | 6.9 | 8.5 | 6.2% |
Brazil | 6.4 | 8.1 | 9.7 | 7.9 | 7.3% |
Turkey | 5.1 | 4.8 | 5.9 | 7.0 | 11.1% |
South Korea | 5.8 | 5.1 | 8.1 | 5.4 | -2.4% |
Others | 50.7 | 63.0 | 79.8 | 65.2 | 8.7% |
Total | 294 | 299 | 439 | 380 | 8.9% |
Top Export Markets for Vulcanised Rubber Thread from Thailand in 2022:
- China (79.0K tons)
- Vietnam (5.5K tons)
- Bangladesh (4.2K tons)
- Indonesia (4.1K tons)
- Iran (3.2K tons)
- Italy (2.7K tons)
- Brazil (2.6K tons)
- Turkey (2.0K tons)
- South Korea (1.7K tons)
Vulcanised Rubber Thread Imports in Thailand
In 2022, vulcanised rubber thread imports into Thailand skyrocketed to 17 tons, growing by 17% on the year before. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 283%. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, vulcanised rubber thread imports soared to $215K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 160% against the previous year. As a result, imports reached the peak of $304K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Vulcanised Rubber Thread in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 61.7 | 93.9 | 63.7 | 149 | 34.2% |
China | 35.6 | 17.5 | 66.5 | 61.0 | 19.7% |
United Kingdom | 1.8 | 0.1 | 0.7 | N/A | -37.6% |
Others | 17.9 | 192 | 3.8 | 5.0 | -34.6% |
Total | 117 | 304 | 135 | 215 | 22.5% |
Top Suppliers of Vulcanised Rubber Thread to Thailand in 2022:
- China (10.0 tons)
- Singapore (6.8 tons)
This report provides an in-depth analysis of the vulcanised rubber thread market in Thailand. 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 22192050 - Vulcanised rubber thread and cord
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the vulcanised rubber thread market in Thailand.
This report provides an in-depth analysis of the unvulcanized rubber market in Thailand.
This report provides an in-depth analysis of the global vulcanised rubber thread market.
This report provides an in-depth analysis of the global unvulcanized rubber market.
This report provides an in-depth analysis of the vulcanised rubber thread market in Thailand.
This report provides an in-depth analysis of the global vulcanised rubber thread market.
Exports of Vulcanised Rubber Thread decreased to $280M in 2023, staying at a lower level compared to the previous year.
The exports of Vulcanised Rubber Thread saw a decline in 2023, with values dropping to $280M from 2022 to 2023.
The Vulcanised Rubber Thread industry saw a significant growth rate of 33% in February 2023, but exports dropped to $21M in January 2024.
Vulcanised Rubber Thread exports reached a peak in November 2023, with a value of $28M.
In June 2023, the price of Vulcanised Rubber Thread was $2,412 per ton (FOB, Thailand), experiencing a decrease of -2% compared to the previous month.
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr
Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%