Eastern Europe: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Eastern Europe

In 2021, the East European solid vulcanised rubber sheet market increased by 4% to $X, rising for the second year in a row after seven years of decline. Overall, consumption continues to indicate a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Eastern Europe

In value terms, solid vulcanised rubber sheet production contracted modestly to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 12%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in Eastern Europe

In 2021, exports of plates, sheets, strips for floor covering of solid vulcanised rubber in Eastern Europe surged to X tons, picking up by 19% on the previous year's figure. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +103.8% against 2015 indices. The growth pace was the most rapid in 2017 when exports increased by 23% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, solid vulcanised rubber sheet exports soared to $X in 2021. Overall, exports showed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 26% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, Poland (X tons), distantly followed by the Czech Republic (X tons), Romania (X tons), Belarus (X tons) and Russia (X tons) represented the largest exporters of plates, sheets, strips for floor covering of solid vulcanised rubber, together making up 84% of total exports. The following exporters - Lithuania (X tons), Slovakia (X tons) and Hungary (X tons) - together made up 11% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +23.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Romania ($X) constituted the countries with the highest levels of exports in 2021, with a combined 70% share of total exports. These countries were followed by Slovakia, Hungary, Russia, Lithuania and Belarus, which together accounted for a further 25%.

Belarus, with a CAGR of +23.6%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 10%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Slovakia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in Eastern Europe

In 2021, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber imported in Eastern Europe rose significantly to X tons, increasing by 8.4% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) and Poland (X tons) represented the main importers of plates, sheets, strips for floor covering of solid vulcanised rubber in Eastern Europe, together constituting 48% of total imports. It was distantly followed by the Czech Republic (X tons), Romania (X tons), Hungary (X tons), Lithuania (X tons), Slovakia (X tons) and Ukraine (X tons), together achieving a 43% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovakia (with a CAGR of +7.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for 62% of total imports.

The Czech Republic, with a CAGR of +7.4%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, surging by 9.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2018 when the import price increased by 12%. Over the period under review, import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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