Czech Republic: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in the Czech Republic

In 2021, the Czech rubber-to-metal and moulded article market decreased by -5.7% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, posted a tangible expansion. Rubber-to-metal and moulded article consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Rubber-to-Metal and Moulded Articles in the Czech Republic

In value terms, rubber-to-metal and moulded article production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 125%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from the Czech Republic

In 2021, overseas shipments of rubber-to-metal and moulded articles increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, rubber-to-metal and moulded article exports expanded rapidly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 13%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for rubber-to-metal and moulded article exports from the Czech Republic, accounting for a 33% share of total exports. Moreover, rubber-to-metal and moulded article exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+1.5% per year) and the Netherlands (+60.6% per year).

In value terms, Germany ($X) remains the key foreign market for rubber-to-metal and moulded articles exports from the Czech Republic, comprising 36% of total exports. The second position in the ranking was held by Poland ($X), with a 9.5% share of total exports. It was followed by Slovakia, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+5.6% per year) and Slovakia (-1.8% per year).

Export Prices by Country

In 2021, the average rubber-to-metal and moulded article export price amounted to $X per ton, with a decrease of -7% against the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 5.8% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Netherlands ($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 Russia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into the Czech Republic

In 2021, after four years of decline, there was significant growth in overseas purchases of rubber-to-metal and moulded articles, when their volume increased by 14% to X tons. Over the period under review, imports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 74%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, rubber-to-metal and moulded article imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 16%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of rubber-to-metal and moulded article to the Czech Republic, with a 30% share of total imports. Moreover, rubber-to-metal and moulded article imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was taken by Slovakia (X tons), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.2% per year) and Slovakia (+2.7% per year).

In value terms, Germany ($X) constituted the largest supplier of rubber-to-metal and moulded articles to the Czech Republic, comprising 31% of total imports. The second position in the ranking was held by Slovakia ($X), with a 12% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+6.4% per year) and Poland (-1.6% per year).

Import Prices by Country

The average rubber-to-metal and moulded article import price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 47%. The import price peaked 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 Italy ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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