India - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia's Vulcanised Rubber Thread Exports Slightly Decline to $16 Million in 2024
India Vulcanised Rubber Thread Exports
In 2024, after five years of growth, there was decline in shipments abroad of vulcanised rubber thread and cord, when their volume decreased by -1% to 6.1K tons. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 85% against the previous year. The exports peaked at 6.1K tons in 2023, and then dropped in the following year.
In value terms, vulcanised rubber thread exports expanded sharply to $17M (IndexBox estimates) in 2024. Overall, exports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. The exports peaked at $18M in 2022; however, from 2023 to 2024, the exports failed to regain momentum.
| COUNTRY | Export Value of Vulcanised Rubber Thread in India (thousand USD) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Turkey | 1,235 | 1,167 | 2,042 | 2,418 | 2,242 | 2,281 | 2,444 | 3,824 | 6,035 | 3,863 |
| Brazil | 32.0 | 33.4 | 78.6 | 38.4 | 29.2 | 485 | 2,512 | 3,644 | 2,323 | 3,512 |
| Greece | N/A | N/A | 43.1 | N/A | 48.8 | N/A | 0.4 | 466 | 1,277 | 1,515 |
| Egypt | N/A | 2.8 | N/A | 1.0 | 13.5 | N/A | N/A | 643 | 1,330 | 1,184 |
| Germany | N/A | N/A | 1.1 | N/A | 1,067 | 973 | 1,255 | 1,372 | 1,262 | 1,039 |
| Bangladesh | 130 | 78.5 | 132 | 38.0 | 1.8 | 18.1 | 94.4 | 483 | 669 | 886 |
| Morocco | N/A | N/A | N/A | N/A | 32.0 | N/A | N/A | N/A | 446 | 753 |
| South Korea | 577 | 566 | 610 | 530 | 710 | 804 | 1,016 | 941 | 377 | 417 |
| Belgium | 229 | 64.3 | 54.5 | 1,360 | 679 | 430 | 1,185 | 1,038 | 305 | 400 |
| Iran | 172 | 327 | 1,060 | 1,270 | 553 | N/A | N/A | N/A | N/A | 13.6 |
| Others | 1,430 | 1,385 | 1,110 | 1,780 | 1,915 | 1,119 | 3,511 | 4,517 | 4,178 | 2,345 |
| Total | 3,805 | 3,624 | 5,132 | 7,436 | 7,290 | 6,110 | 12,018 | 16,928 | 18,203 | 15,928 |
Exports by Country
Turkey (1.8K tons), Brazil (1.7K tons) and Egypt (565 tons) were the main destinations of vulcanised rubber thread exports from India, with a combined 67% share of total exports. Bangladesh, Morocco, Greece, Germany, South Korea, Belgium and Iran lagged somewhat behind, together comprising a further 23%.
From 2014 to 2023, the biggest increases were recorded for Germany (with a CAGR of +229.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for vulcanised rubber thread exported from India were Turkey ($3.9M), Brazil ($3.5M) and Greece ($1.5M), together accounting for 56% of total exports. Egypt, Germany, Bangladesh, Morocco, South Korea, Belgium and Iran lagged somewhat behind, together comprising a further 29%.
In terms of the main countries of destination, Germany, with a CAGR of +230.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2024, the vulcanised rubber thread price amounted to $2,598 per ton (FOB, India), reducing by -25.1% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 31%. The export price peaked at $3,815 per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,750 per ton), while the average price for exports to Italy ($2,004 per ton) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the vulcanised rubber thread market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
