Eastern Asia: Rubber Thread Market 2020

Rubber Thread Market Size in Eastern Asia

The revenue of the rubber thread market in Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The rubber thread consumption continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2014, when market value increased by X% year-to-year. The level of rubber thread consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Rubber Thread Production in Eastern Asia

In 2017, the amount of rubber thread and cord textile covered produced in Eastern Asia amounted to X tons, approximately mirroring the previous year. The rubber thread production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% year-to-year. Over the period under review, the rubber thread production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Rubber Thread Exports in Eastern Asia

In 2017, approx. X tons of rubber thread and cord textile covered were exported in Eastern Asia; growing by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rubber thread exports increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the rubber thread exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, rubber thread exports amounted to $X in 2017. The rubber thread exports continue to indicate a remarkable expansion. Over the period under review, the rubber thread exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Rubber Thread Exports by Country in Eastern Asia

China prevails in rubber thread exports structure, finishing at X tons, which was approx. X% of total exports in 2017. It was distantly followed by South Korea (X tons), creating X% share of total exports. The following exporters - Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) and Taiwan, Chinese (X%) significantly strengthened its position in terms of the global exports, while South Korea and China saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, China ($X) remains the largest rubber thread supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Rubber Thread Export Prices by Country in Eastern Asia

In 2017, the rubber thread export price in Eastern Asia amounted to $X per ton, going up by X% against the previous year. The export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rubber thread export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Taiwan, Chinese ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Rubber Thread Imports in Eastern Asia

In 2017, approx. X tons of rubber thread and cord textile covered were imported in Eastern Asia; declining by -X% against the previous year. The rubber thread imports continue to indicate a noticeable drop. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the rubber thread imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, rubber thread imports stood at $X in 2017. The rubber thread imports continue to indicate a slight setback. Over the period under review, the rubber thread imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Rubber Thread Imports by Country in Eastern Asia

In 2017, China (X tons) was the key importer for rubber thread and cord textile covered, generating X% of total imports. South Korea (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%), Japan (X%) and Taiwan, Chinese (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

In terms of the main importing countries , South Korea (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Rubber Thread Import Prices by Country in Eastern Asia

In 2017, the rubber thread import price in Eastern Asia amounted to $X per ton, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform