Czech Republic: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in the Czech Republic

In 2021, the Czech prepared rubber accelerators market increased by 20% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a relatively flat trend pattern. Prepared rubber accelerators consumption peaked in 2021 and is expected to retain growth in years to come.

Prepared Rubber Accelerators Exports

Exports from the Czech Republic

In 2021, the amount of prepared rubber accelerators exported from the Czech Republic was estimated at X tons, surging by 12% on the previous year's figure. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 399%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, prepared rubber accelerators exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 247% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Slovakia (X tons) and Italy (X tons) were the main destinations of prepared rubber accelerators exports from the Czech Republic, with a combined 83% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +154.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Italy ($X) constituted the largest markets for prepared rubber accelerators exported from the Czech Republic worldwide, with a combined 84% share of total exports.

Italy, with a CAGR of +132.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 prepared rubber accelerators export price amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Germany ($X per ton), while the average price for exports to Serbia ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into the Czech Republic

Prepared rubber accelerators imports into the Czech Republic expanded significantly to X tons in 2021, rising by 8% on the previous year. Overall, imports showed a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by 41% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, prepared rubber accelerators imports soared to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.0% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 33%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of prepared rubber accelerators to the Czech Republic, with a 50% share of total imports. Moreover, prepared rubber accelerators imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.0% per year) and Belgium (+18.7% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared rubber accelerators to the Czech Republic, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.5% per year) and the Netherlands (+130.9% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, with an increase of 18% against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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