Belgium: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in Belgium

After five years of growth, the Belgian extruded solid rubber rod market decreased by -8.2% to $X in 2022. Overall, consumption recorded a perceptible shrinkage. Extruded solid rubber rod consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Extruded Solid Rubber Rods And Profiles in Belgium

In value terms, extruded solid rubber rod production soared to $X in 2022 estimated in export price. Overall, production recorded a abrupt shrinkage. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Belgium

In 2022, shipments abroad of extruded solid rubber rods and profiles decreased by -6.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod exports dropped to $X in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), France (X tons) and Germany (X tons) were the main destinations of extruded solid rubber rod exports from Belgium, together comprising 57% of total exports. The Netherlands, Poland, Croatia, Italy, India, the United States, Sweden, Luxembourg and Turkey lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +78.3%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for extruded solid rubber rod exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), together comprising 50% of total exports. The UK, the United States, Poland, Italy, Sweden, Turkey, Croatia, Luxembourg and India lagged somewhat behind, together accounting for a further 35%.

Croatia, with a CAGR of +51.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, remaining constant against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, extruded solid rubber rod export price decreased by -10.8% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 54%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Belgium

In 2022, extruded solid rubber rod imports into Belgium contracted to X tons, falling by -10.6% on 2021. Overall, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 88% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod imports reduced to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of 22%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of extruded solid rubber rod imports to Belgium, together comprising 75% of total imports. France, Turkey, the United States, Spain and Italy lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +29.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of extruded solid rubber rods and profiles to Belgium, comprising 35% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by Poland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.0% per year) and Poland (+15.5% per year).

Import Prices by Country

The average extruded solid rubber rod import price stood at $X per ton in 2022, surging by 5.3% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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