Germany - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAugust 2023 Witnesses a Sharp Decline in Synthetic Latex Rubber Exports From Germany, Amounting to $30M.
Germany Synthetic Latex Rubber Exports
In August 2023, overseas shipments of synthetic latex rubber decreased by -6.1% to 22K tons, falling for the second month in a row after two months of growth. In general, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in November 2022 with an increase of 108% m-o-m. As a result, the exports reached the peak of 34K tons. From December 2022 to August 2023, the growth of the exports failed to regain momentum.
In value terms, synthetic latex rubber exports fell to $30M (IndexBox estimates) in August 2023. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in November 2022 with an increase of 102% against the previous month. As a result, the exports reached the peak of $46M. From December 2022 to August 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Synthetic Latex Rubber in Germany (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| Belgium | 5.0 | 4.1 | 1.1 | 4.6 | 2.1 | 3.0 | 2.9 | 2.7 | 2.5 | 2.3 | 2.9 | 2.4 | 2.3 |
| United Kingdom | 1.9 | 1.8 | 1.8 | 1.9 | 1.6 | 1.7 | 1.9 | 2.2 | 1.4 | 2.2 | 2.3 | 2.2 | 2.1 |
| China | 3.4 | 3.8 | 1.6 | 2.0 | 2.1 | 1.8 | 3.0 | 3.8 | 3.7 | 2.8 | 1.9 | 1.7 | 2.0 |
| Turkey | 1.7 | 1.7 | 0.5 | 1.0 | 1.8 | 0.6 | 0.6 | 0.5 | 1.0 | 2.0 | 1.1 | 1.6 | 1.6 |
| Spain | 1.9 | 2.0 | 1.0 | 2.9 | 1.2 | 2.2 | 2.2 | 2.1 | 1.5 | 2.0 | 1.9 | 1.6 | 1.3 |
| France | 3.0 | 2.5 | 1.5 | 3.3 | 1.4 | 2.5 | 2.2 | 2.0 | 2.1 | 2.4 | 2.5 | 1.9 | 1.1 |
| Czech Republic | 2.3 | 2.7 | < 0.1 | 4.3 | 1.8 | 2.0 | 1.7 | 1.5 | 1.2 | 1.0 | 0.9 | 0.6 | 0.7 |
| Others | 18.5 | 21.8 | 15.4 | 26.2 | 15.0 | 20.0 | 20.5 | 24.1 | 20.1 | 20.2 | 21.4 | 20.4 | 18.7 |
| Total | 37.7 | 40.3 | 22.9 | 46.2 | 27.1 | 33.8 | 34.9 | 38.8 | 33.4 | 34.9 | 34.9 | 32.5 | 29.8 |
Exports by Country
Belgium (2.2K tons), the UK (1.9K tons) and Turkey (1.3K tons) were the main destinations of synthetic latex rubber exports from Germany, together accounting for 25% of total exports.
From August 2022 to August 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +2.4%), while the other leaders experienced a decline.
In value terms, the largest markets for synthetic latex rubber exported from Germany were Belgium ($2.3M), the UK ($2.1M) and China ($2M), together comprising 21% of total exports.
the UK, with a CAGR of +1.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In August 2023, the synthetic latex rubber price amounted to $1,350 per ton (FOB, Germany), falling by -2.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 6.5% against the previous month. As a result, the export price reached the peak level of $1,498 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the United States ($2,872 per ton), while the average price for exports to Austria ($894 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the synthetic latex rubber market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20171050 - Synthetic latex rubber
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
