Puerto Rico: Tyre Cord Fabric Market 2025

Tyre Cord Fabric Market Size in Puerto Rico

The Puerto Rican tyre cord fabric market expanded remarkably to $X in 2021, increasing by 6.6% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Tyre Cord Fabric Production in Puerto Rico

In value terms, tyre cord fabric production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, saw a slight downturn. The growth pace was the most rapid in 2014 when the production volume increased by 36%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Tyre Cord Fabric Exports

Exports from Puerto Rico

In 2021, tyre cord fabric exports from Puerto Rico totaled less than X kg, therefore, remained relatively stable against the previous year. In general, exports saw a relatively flat trend pattern.

In value terms, tyre cord fabric exports totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons) and Vietnam (X tons) were the largest exporters of tyre cord fabric of high tenacity yarnacross the globe, together creating 57% of total exports. It was distantly followed by South Korea (X tons), Luxembourg (X tons) and Turkey (X tons), together constituting an 18% share of total exports. Poland (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons), the United States (X tons), the Czech Republic (X tons), Belarus (X tons), Thailand (X tons) and Italy (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +10.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric supplying countries from Puerto Rico were China ($X), Vietnam ($X) and Turkey ($X), together comprising 58% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +9.3%, saw the highest rates of growth with regard to 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 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the other leaders experienced more modest paces of growth.

Tyre Cord Fabric Imports

Imports into Puerto Rico

Tyre cord fabric imports into Puerto Rico stood at less than X kg in 2021, remaining stable against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, tyre cord fabric imports stood at less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of tyre cord fabric imports in 2021 were the United States (X tons), Thailand (X tons), India (X tons), Japan (X tons), South Korea (X tons), Indonesia (X tons), Turkey (X tons), Germany (X tons), Brazil (X tons), Russia (X tons), Poland (X tons) and Romania (X tons), together finishing at 66% of total import. China (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +12.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric importing markets into Puerto Rico were the United States ($X), India ($X) and Thailand ($X), with a combined 30% share of total imports. South Korea, Japan, Germany, Indonesia, Brazil, Turkey, China, Romania, Russia and Poland lagged somewhat behind, together comprising a further 38%.

Turkey, with a CAGR of +10.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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