CIS: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in CIS

The CIS solid vulcanised rubber sheet market soared to $X in 2021, growing by 26% against the previous year. Overall, consumption, however, recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in CIS

In value terms, solid vulcanised rubber sheet production shrank to $X in 2021 estimated in export price. Overall, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in CIS

In 2021, exports of plates, sheets, strips for floor covering of solid vulcanised rubber in the CIS skyrocketed to X tons, increasing by 20% compared with the previous year's figure. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 107% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, solid vulcanised rubber sheet exports surged to $X in 2021. Over the period under review, exports saw a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 90%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Belarus (X tons) and Russia (X tons) dominates exports structure, together committing 97% of total exports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Armenia (with a CAGR of +61.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet supplying countries in the CIS were Russia ($X), Belarus ($X) and Armenia ($X), together comprising 98% of total exports.

Among the main exporting countries, Belarus, with a CAGR of +23.6%, recorded 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

The export price in the CIS stood at $X per ton in 2021, with a decrease of -4.2% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the export price increased by 26% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+0.1%), while the other leaders experienced a decline in the export price figures.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in CIS

In 2021, imports of plates, sheets, strips for floor covering of solid vulcanised rubber in the CIS surged to X tons, picking up by 26% compared with the previous year. Overall, imports, however, saw a mild contraction. The pace of growth was the most pronounced in 2016 when imports increased by 49% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 49% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main importer of plates, sheets, strips for floor covering of solid vulcanised rubber, constituting 71% of total imports. Belarus (X tons) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (9.8%). Uzbekistan (X tons) and Azerbaijan (X tons) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to solid vulcanised rubber sheet imports into Russia stood at -3.4%. At the same time, Uzbekistan (+24.2%), Azerbaijan (+8.3%) and Kazakhstan (+5.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +24.2% from 2012-2021. By contrast, Belarus (-1.9%) illustrated a downward trend over the same period. Kazakhstan (+4.5 p.p.), Uzbekistan (+3.2 p.p.) and Azerbaijan (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -9.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported plates, sheets, strips for floor covering of solid vulcanised rubber in the CIS, comprising 71% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 9.7% share of total imports. It was followed by Belarus, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Kazakhstan (+3.5% per year) and Belarus (-3.6% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, growing by 4.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 when the import price increased by 17% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Russia ($X per ton) and Uzbekistan ($X per ton), while Azerbaijan ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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