Belgium: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Belgium

In 2021, the Belgian vulcanised rubber mats market increased by 46% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption posted a perceptible increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Mats Production in Belgium

In value terms, vulcanised rubber mats production stood at $X in 2021 estimated in export price. In general, production saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 42% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Vulcanised Rubber Mats Exports

Exports from Belgium

In 2021, shipments abroad of floor coverings and mats of vulcanised rubber decreased by -2.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports stood at $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 67%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main destinations of vulcanised rubber mats exports from Belgium, together accounting for 64% of total exports. These countries were followed by the Netherlands, Denmark, Hungary, Austria, Spain, Canada and the UK, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +135.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber mats exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), together comprising 51% of total exports. These countries were followed by Poland, Denmark, Austria, Hungary, the UK, Spain and Canada, which together accounted for a further 25%.

In terms of the main countries of destination, Canada, with a CAGR of +130.4%, 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 average vulcanised rubber mats export price amounted to $X per ton, with an increase of 2.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Belgium

In 2021, overseas purchases of floor coverings and mats of vulcanised rubber increased by 21% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 with an increase of 121%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber mats imports soared to $X in 2021. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of vulcanised rubber mats to Belgium, with a 48% share of total imports. Moreover, vulcanised rubber mats imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by Israel (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +128.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.8% per year) and Israel (+214.0% per year).

In value terms, the largest vulcanised rubber mats suppliers to Belgium were Spain ($X), China ($X) and Israel ($X), with a combined 51% share of total imports.

In terms of the main suppliers, Israel, with a CAGR of +210.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 6.9% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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