Eastern Europe: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Eastern Europe

The East European vulcanised rubber mats market totaled $X in 2021, picking up by 14% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Vulcanised Rubber Mats Production in Eastern Europe

In value terms, vulcanised rubber mats production skyrocketed to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 63%. The level of production peaked in 2021 and is likely to see steady growth in the near future.

Vulcanised Rubber Mats Exports

Exports in Eastern Europe

In 2021, vulcanised rubber mats exports in Eastern Europe surged to X tons, picking up by 20% on the previous year's figure. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 37% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, vulcanised rubber mats exports soared to $X in 2021. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by 34% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland was the largest exporting country with an export of around X tons, which accounted for 46% of total exports. It was distantly followed by the Czech Republic (X tons), Russia (X tons) and Hungary (X tons), together mixing up a 45% share of total exports. Latvia (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +41.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest vulcanised rubber mats supplier in Eastern Europe, comprising 55% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 23% share of total exports. It was followed by Russia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Poland stood at +20.6%. In the other countries, the average annual rates were as follows: the Czech Republic (+8.2% per year) and Russia (+13.4% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, rising by 10% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 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, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+1.3%), while the other leaders experienced mixed trends in the export price figures.

Vulcanised Rubber Mats Imports

Imports in Eastern Europe

After two years of decline, purchases abroad of floor coverings and mats of vulcanised rubber increased by 30% to X tons in 2021. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 45%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. Total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 41%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X tons), Poland (X tons) and Russia (X tons) was the main importer of floor coverings and mats of vulcanised rubber in Eastern Europe, mixing up 63% of total import. Romania (X tons) took an 8.3% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (5.7%) and Hungary (5.5%). Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +24.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, with a combined 57% share of total imports.

Among the main importing countries, the Czech Republic, with a CAGR of +16.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, dropping by -4.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 8.1%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :