Benelux: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Benelux

In 2021, the Benelux prepared rubber accelerators market decreased by -1.1% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Prepared Rubber Accelerators Production in Benelux

In value terms, prepared rubber accelerators production shrank modestly to $X in 2021 estimated in export price. Overall, production saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 8% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Prepared Rubber Accelerators Exports

Exports in Benelux

In 2021, exports of prepared rubber accelerators in Benelux fell dramatically to X tons, dropping by -26.7% on the previous year's figure. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports contracted to $X in 2021. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the Netherlands (X tons) was the key exporter of prepared rubber accelerators, creating 68% of total exports. It was distantly followed by Belgium (X tons), making up a 29% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to prepared rubber accelerators exports from the Netherlands stood at +4.3%. At the same time, Luxembourg (+65.0%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +65.0% from 2012-2021. By contrast, Belgium (-24.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and Luxembourg increased by +56 and +2.8 percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest prepared rubber accelerators supplier in Benelux, comprising 82% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +2.2%. In the other countries, the average annual rates were as follows: Belgium (-27.0% per year) and Luxembourg (+39.3% per year).

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, with an increase of 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.0%), while the other leaders experienced a decline in the export price figures.

Prepared Rubber Accelerators Imports

Imports in Benelux

In 2021, supplies from abroad of prepared rubber accelerators decreased by -15.2% to X tons, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2018 when imports increased by 67% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared rubber accelerators imports reduced to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 69% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) was the key importer of prepared rubber accelerators, mixing up 70% of total imports. The Netherlands (X tons) ranks second in terms of the total imports with a 23% share, followed by Luxembourg (6.3%).

From 2012 to 2021, average annual rates of growth with regard to prepared rubber accelerators imports into Belgium stood at -4.3%. Luxembourg and the Netherlands experienced a relatively flat trend pattern. From 2012 to 2021, the share of the Netherlands increased by +4.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2021.

Among the main importing countries, the Netherlands, with a CAGR of +0.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform