Belarus: Tyre Cord Fabric Market 2025

Tyre Cord Fabric Market Size in Belarus

In 2021, the Belarusian tyre cord fabric market decreased by -19.8% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then fell dramatically in the following year.

Tyre Cord Fabric Production in Belarus

In value terms, tyre cord fabric production rose notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of 21%. Tyre cord fabric production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Tyre Cord Fabric Exports

Exports from Belarus

In 2021, overseas shipments of tyre cord fabric of high tenacity yarn increased by 73% to X tons, rising for the second consecutive year after three years of decline. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +97.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tyre cord fabric exports skyrocketed to $X in 2021. Overall, exports recorded a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for tyre cord fabric exports from Belarus, accounting for a 58% share of total exports. Moreover, tyre cord fabric exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), fourfold. Turkey (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+2.8% per year) and Turkey (+232.4% per year).

In value terms, Russia ($X) remains the key foreign market for tyre cord fabric of high tenacity yarn exports from Belarus, comprising 58% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 19% share of total exports. It was followed by Turkey, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+1.3% per year) and Turkey (+259.0% per year).

Export Prices by Country

The average tyre cord fabric export price stood at $X per ton in 2021, rising by 32% against the previous year. Overall, the export price, however, recorded a pronounced decline. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Tyre Cord Fabric Imports

Imports into Belarus

In 2021, approx. X tons of tyre cord fabric of high tenacity yarn were imported into Belarus; declining by -46.8% on 2020 figures. In general, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 355% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, tyre cord fabric imports fell dramatically to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 238% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tons), Russia (X tons) and Slovakia (X tons) were the main suppliers of tyre cord fabric imports to Belarus, with a combined 63% share of total imports. These countries were followed by Romania, Serbia, Hungary and the Czech Republic, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +104.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of tyre cord fabric of high tenacity yarn to Belarus, comprising 35% of total imports. The second position in the ranking was held by Russia ($X), with a 15% share of total imports. It was followed by Slovakia, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Poland stood at +35.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-2.6% per year) and Slovakia (+19.6% per year).

Import Prices by Country

The average tyre cord fabric import price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period under review, the import price, however, showed a deep contraction. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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