Czech Republic: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in the Czech Republic

The Czech natural rubber and gum market fell to $X in 2022, declining by -13.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Natural Rubber And Gums

Exports from the Czech Republic

In 2022, natural rubber and gum exports from the Czech Republic surged to X tons, increasing by 92% compared with the previous year. In general, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, natural rubber and gum exports surged to $X in 2022. Overall, exports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 with an increase of 71% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for natural rubber and gum exports from the Czech Republic, accounting for a 85% share of total exports. Moreover, natural rubber and gum exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. The third position in this ranking was taken by Austria (X tons), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-8.2% per year) and Austria (-11.8% per year).

In value terms, Slovakia ($X) remains the key foreign market for natural rubber and gums exports from the Czech Republic, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with a 27% share of total exports. It was followed by Poland, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia amounted to -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.9% per year) and Poland (-10.0% per year).

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, shrinking by -29% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 96% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovakia ($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 Germany (+8.1%), while the prices for the other major destinations experienced a decline.

Imports of Natural Rubber And Gums

Imports into the Czech Republic

In 2022, overseas purchases of natural rubber and gums decreased by -1.8% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports fell modestly to $X in 2022. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X tons), Vietnam (X tons) and the Netherlands (X tons) were the main suppliers of natural rubber and gum imports to the Czech Republic, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +263.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest natural rubber and gum suppliers to the Czech Republic were Vietnam ($X), Belgium ($X) and the Netherlands ($X), together comprising 63% of total imports.

The Netherlands, with a CAGR of +189.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average natural rubber and gum import price stood at $X per ton in 2022, with a decrease of -2.6% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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