Forecast: Import of Tyre Cord Fabric of High Tenacity Viscose Rayon Yarn to Germany

In 2023, Germany imported tyre cord fabric of high tenacity viscose rayon yarn at an approximate value of $64 million. The forecast for subsequent years shows a consistent decline, with anticipated imports shrinking from $62.619 million in 2024 to $56.282 million by 2028. This decreasing trend represents an average annual reduction of about 2.5% when considering the compound annual growth rate (CAGR) over this five-year period.

Future trends to watch for include:

  • The impact of technological advancements in alternative materials that might reduce reliance on traditional viscose rayon yarns.
  • Potential shifts in automotive industry demand due to an increase in electric vehicle production, which could influence tyre specifications.
  • Global economic factors and trade policies that could affect import costs and volumes.

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