Eastern Europe: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Eastern Europe

The East European prepared rubber accelerators market skyrocketed to $X in 2021, picking up by 17% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.1% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Prepared Rubber Accelerators Production in Eastern Europe

In value terms, prepared rubber accelerators production fell to $X in 2021 estimated in export price. Overall, production posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Prepared Rubber Accelerators Exports

Exports in Eastern Europe

After two years of decline, overseas shipments of prepared rubber accelerators increased by 1.3% to X tons in 2021. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 89% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators exports surged to $X in 2021. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 92%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the Czech Republic (X tons) was the major exporter of prepared rubber accelerators, achieving 50% of total exports. Poland (X tons) took the second position in the ranking, distantly followed by Russia (X tons) and Romania (X tons). All these countries together took near 40% share of total exports. Ukraine (X tons) and Slovakia (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +42.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of exports in 2021, with a combined 83% share of total exports.

The Czech Republic, with a CAGR of +29.2%, saw the highest rates of growth with regard to 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, growing by 17% against the previous year. In general, the export price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2018 when the export price increased by 17%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 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 Slovakia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+1.9%), while the other leaders experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports in Eastern Europe

Prepared rubber accelerators imports surged to X tons in 2021, growing by 27% against 2020 figures. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.7% 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 2017 with an increase of 30% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, prepared rubber accelerators imports surged to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), distantly followed by Romania (X tons), the Czech Republic (X tons), Russia (X tons), Hungary (X tons) and Slovakia (X tons) were the largest importers of prepared rubber accelerators, together mixing up 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of +16.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared rubber accelerators importing markets in Eastern Europe were Poland ($X), Romania ($X) and Russia ($X), together comprising 64% of total imports. These countries were followed by the Czech Republic, Hungary and Slovakia, which together accounted for a further 34%.

Hungary, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in Eastern Europe stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the import price, however, recorded a slight slump. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hungary ($X per ton) and Romania ($X per ton), while Slovakia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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