Eastern Europe: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Eastern Europe

In 2021, the East European non-reinforced rubber tubing market increased by 17% to $X, rising for the sixth year in a row after two years of decline. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Reinforced Rubber Tubing Production in Eastern Europe

In value terms, non-reinforced rubber tubing production rose significantly to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 35%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Non-Reinforced Rubber Tubing Exports

Exports in Eastern Europe

In 2021, shipments abroad of rubber tubing not reinforced increased by 10% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 42%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, non-reinforced rubber tubing exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Poland represented the major exporting country with an export of around X tons, which reached 72% of total exports. Russia (X tons) ranks second in terms of the total exports with a 15% share, followed by the Czech Republic (5.1%). Romania (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-reinforced rubber tubing exports from Poland stood at +11.1%. At the same time, Romania (+12.4%), the Czech Republic (+4.1%) and Russia (+1.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +12.4% from 2012-2021. Poland (+17 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Russia saw its share reduced by -1.8% and -10.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest non-reinforced rubber tubing supplier in Eastern Europe, comprising 71% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 9.9% share of total exports. It was followed by Russia, with a 7.3% share.

In Poland, non-reinforced rubber tubing exports increased at an average annual rate of +10.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+3.2% per year) and Russia (+0.0% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, growing by 8.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 9.6%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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 the Czech Republic ($X per ton), while Russia ($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 (-0.2%), while the other leaders experienced a decline in the export price figures.

Non-Reinforced Rubber Tubing Imports

Imports in Eastern Europe

In 2021, imports of rubber tubing not reinforced in Eastern Europe skyrocketed to X tons, picking up by 37% compared with the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern 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.

In value terms, non-reinforced rubber tubing imports surged to $X in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% 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

Poland (X tons) and Bulgaria (X tons) represented the key importers of rubber tubing not reinforced in 2021, amounting to near 29% and 24% of total imports, respectively. The Czech Republic (X tons) ranks next in terms of the total imports with an 11% share, followed by Russia (8.4%), Romania (7.6%), Hungary (6.8%) and Slovakia (5%).

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-reinforced rubber tubing importing markets in Eastern Europe were Poland ($X), Bulgaria ($X) and Romania ($X), with a combined 53% share of total imports.

Among the main importing countries, Bulgaria, with a CAGR of +16.7%, saw the highest rates of growth with regard to 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

In 2021, the import price in Eastern Europe amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 16% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 Slovakia ($X per ton), while Bulgaria ($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 (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :