Eastern Europe: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Eastern Europe

The East European natural rubber and gum market surged to $X in 2022, rising by 95% against the previous year. Overall, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Natural Rubber And Gums in Eastern Europe

In value terms, natural rubber and gum production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of 782% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Hungary (X tons) remains the largest natural rubber and gum producing country in Eastern Europe, comprising approx. 100% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Hungary totaled +506.2%.

Exports of Natural Rubber And Gums

Exports in Eastern Europe

In 2022, exports of natural rubber and gums in Eastern Europe shrank markedly to X tons, falling by -86.5% against the previous year's figure. Over the period under review, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,245% against the previous year. As a result, the exports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, natural rubber and gum exports contracted rapidly to $X in 2022. Overall, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,222% against the previous year. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Poland represented the major exporter of natural rubber and gums in Eastern Europe, with the volume of exports resulting at X tons, which was near 72% of total exports in 2022. It was distantly followed by the Czech Republic (X tons) and Russia (X tons), together committing a 19% share of total exports. The following exporters - Lithuania (X tons) and Estonia (X tons) - each accounted for an 8.4% share of total exports.

Exports from Poland increased at an average annual rate of +21.0% from 2012 to 2022. At the same time, Estonia (+123.3%) and Lithuania (+28.7%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +123.3% from 2012-2022. By contrast, Russia (-2.0%) and the Czech Republic (-4.1%) illustrated a downward trend over the same period. Poland (+49 p.p.), Estonia (+4 p.p.) and Lithuania (+3.6 p.p.) significantly strengthened its position in terms of the total exports, while Russia and the Czech Republic saw its share reduced by -7.9% and -30.8% from 2012 to 2022, respectively.

In value terms, Poland ($X) remains the largest natural rubber and gum supplier in Eastern Europe, comprising 67% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total exports. It was followed by Lithuania, with a 6.6% share.

In Poland, natural rubber and gum exports increased at an average annual rate of +20.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (-3.6% per year) and Lithuania (+33.8% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, falling by -39.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by 147%. As a result, the export price reached the peak level of $X per ton, and then plummeted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Natural Rubber And Gums

Imports in Eastern Europe

Natural rubber and gum imports expanded significantly to X tons in 2022, with an increase of 12% compared with the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 18%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, natural rubber and gum imports expanded notably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons) and Russia (X tons) were the major importers of natural rubber and gums in 2022, amounting to approx. 40% and 38% of total imports, respectively. It was distantly followed by Belarus (X tons), achieving a 12% share of total imports. Hungary (X tons), the Czech Republic (X tons) and Bulgaria (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +45.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest natural rubber and gum importing markets in Eastern Europe were Poland ($X), Russia ($X) and Belarus ($X), together comprising 87% of total imports.

Belarus, with a CAGR of +32.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, declining by -5.7% against the previous year. In general, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the import price increased by 35%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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