Czech Republic: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in the Czech Republic

In 2021, the Czech unvulcanised rubber market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Unvulcanised Rubber Production in the Czech Republic

In value terms, unvulcanised rubber production surged to $X in 2021 estimated in export price. In general, production, however, saw a slight descent. The growth pace was the most rapid in 2017 when the production volume increased by 111%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Unvulcanised Rubber Exports

Exports from the Czech Republic

After four years of decline, shipments abroad of unvulcanised rubber increased by 8.2% to X tons in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 23% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, unvulcanised rubber exports surged to $X in 2021. In general, exports, however, recorded a pronounced curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Slovakia (X tons) and Slovenia (X tons) were the main destinations of unvulcanised rubber exports from the Czech Republic, with a combined 68% share of total exports. These countries were followed by Germany, Ukraine, Belgium, Mexico, Romania and Serbia, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +50.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unvulcanised rubber exported from the Czech Republic were Poland ($X), Slovakia ($X) and Slovenia ($X), with a combined 69% share of total exports. These countries were followed by Belgium, Mexico, Ukraine, Germany, Romania and Serbia, which together accounted for a further 19%.

Among the main countries of destination, Ukraine, with a CAGR of +53.1%, saw the highest growth rate of 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 average unvulcanised rubber export price stood at $X per ton in 2021, picking up by 11% against the previous year. Over the period under review, the export price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2018 an increase of 14%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 Mexico ($X per ton), while the average price for exports to Germany ($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 Ukraine (+1.5%), while the prices for the other major destinations experienced a decline.

Unvulcanised Rubber Imports

Imports into the Czech Republic

After two years of decline, supplies from abroad of unvulcanised rubber increased by 20% to X tons in 2021. In general, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -38.6% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 28% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, unvulcanised rubber imports soared to $X in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -28.1% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by 43%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest unvulcanised rubber supplier to the Czech Republic, with a 44% share of total imports. Moreover, unvulcanised rubber imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+4.2% per year) and Spain (-2.0% per year).

In value terms, Germany ($X) constituted the largest supplier of unvulcanised rubber to the Czech Republic, comprising 46% of total imports. The second position in the ranking was held by Spain ($X), with a 19% share of total imports. It was followed by Slovakia, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+14.0% per year) and Slovakia (+1.3% per year).

Import Prices by Country

In 2021, the average unvulcanised rubber import price amounted to $X per ton, picking up by 2.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Slovakia ($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 (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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