Global Tyre Cord Fabric Market 2020

Tyre Cord Fabric Market Size

The global tyre cord fabric market revenue amounted to $X in 2017, increasing by X% against the previous year. In general, tyre cord fabric consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. Over the period under review, the global tyre cord fabric market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Tyre Cord Fabric Production

In 2017, the global tyre cord fabric production amounted to X square meters, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015, when the output figure increased by X% against the previous year. Global tyre cord fabric production peaked in 2017, and is expected to retain its growth in the immediate term.

Tyre Cord Fabric Exports

In 2017, the global exports of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon amounted to X square meters, remaining stable against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the global tyre cord fabric exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, tyre cord fabric exports stood at $X in 2017. Overall, tyre cord fabric exports continue to indicate a relatively flat trend pattern. Over the period under review, the global tyre cord fabric exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Tyre Cord Fabric Exports by Country

China represented the major exporting country with an export of around X square meters, which reached X% of total exports. Vietnam (X square meters) occupied the second position in the ranking, followed by South Korea (X square meters) and Luxembourg (X square meters). All these countries together held approx. X% share of total exports. The following exporters - Turkey (X square meters), Taiwan, Chinese (X square meters), the U.S. (X square meters), Indonesia (X square meters), Germany (X square meters), Thailand (X square meters), the Czech Republic (X square meters) and Poland (X square meters) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to tyre cord fabric exports from China stood at +X%. At the same time, Vietnam (+X%), Poland (+X%), Germany (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The U.S. experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Turkey (-X%), Thailand (-X%), Luxembourg (-X%), the Czech Republic (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Taiwan, Chinese increased by X% percentage points, while Vietnam (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tyre cord fabric markets worldwide were China ($X), Vietnam ($X) and South Korea ($X), together accounting for X% of global exports.

Vietnam (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Tyre Cord Fabric Export Prices by Country

The average tyre cord fabric export price stood at $X per thousand square meters in 2017, increasing by X% against the previous year. In general, tyre cord fabric export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. In that year, the average export prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon attained their peak level of $X per thousand square meters. From 2012 to 2017, growth of the average export prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Poland ($X per thousand square meters), while China ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

Tyre Cord Fabric Imports

In 2017, the amount of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon imported worldwide totaled X square meters, surging by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2011, when imports increased by X% year-to-year. Global imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, tyre cord fabric imports totaled $X in 2017. In general, tyre cord fabric imports continue to indicate a relatively flat trend pattern. In that year, the global tyre cord fabric imports attained their peak level of $X. From 2012 to 2017, growth of the global tyre cord fabric imports failed to regain its momentum.

Tyre Cord Fabric Imports by Country

In 2017, the U.S. (X square meters), followed by Thailand (X square meters), India (X square meters), Japan (X square meters), Germany (X square meters), Indonesia (X square meters) and South Korea (X square meters) were the major importers of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon, together committing X% of total imports. The following importers - Romania (X square meters), Russia (X square meters), Brazil (X square meters), China (X square meters) and France (X square meters) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest tyre cord fabric markets worldwide were the U.S. ($X), India ($X) and Thailand ($X), together comprising X% of global imports. Germany, Japan, South Korea, China, Indonesia, Romania, Russia, Brazil and France lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Indonesia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Tyre Cord Fabric Import Prices by Country

In 2017, the average tyre cord fabric import price amounted to $X per thousand square meters, flattening at the previous year. Overall, tyre cord fabric import price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2011, an increase of X% against the previous year. In that year, the average import prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon reached their peak level of $X per thousand square meters. From 2012 to 2017, growth of the average import prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per thousand square meters), while Indonesia ($X per thousand square meters) 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 global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform