EU: Extruded Rod Market 2022

Extruded Rod Market Size in the EU

The EU extruded rod market expanded notably to $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Extruded Rod Production in the EU

In value terms, extruded rod production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Extruded Rod Exports

Exports in the EU

In 2021, exports of extruded rods and profile shapes of cellular vulcanised rubber in the European Union was estimated at X tons, picking up by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a noticeable slump. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, extruded rod exports surged to $X in 2021. In general, exports, however, continue to indicate a pronounced shrinkage. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Poland (X tons), Sweden (X tons), Lithuania (X tons) and Germany (X tons), together resulting at X% of total export. It was distantly followed by Slovakia (X tons), France (X tons), Italy (X tons) and Spain (X tons), together constituting a X% share of total exports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest extruded rod supplying countries in the European Union were Germany ($X), Sweden ($X) and Poland ($X), with a combined X% share of total exports. Lithuania, France, Italy, Slovakia and Spain lagged somewhat behind, together comprising a further X terms of the main exporting countries, Slovakia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, growing by X% against 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 2014 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

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

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

Extruded Rod Imports

Imports in the EU

In 2021, supplies from abroad of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, extruded rod imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), distantly followed by Lithuania (X tons), Germany (X tons), the Netherlands (X tons), Spain (X tons), Slovakia (X tons) and Sweden (X tons) were the major importers of extruded rods and profile shapes of cellular vulcanised rubber, together creating X% of total imports. The following importers - the Czech Republic (X tons), Romania (X tons), France (X tons), Denmark (X tons), Belgium (X tons) and Portugal (X tons) - each amounted to an X% share of total imports.

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

In value terms, Poland ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +X%, recorded 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 the European Union amounted to $X per ton, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue 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 the Czech Republic ($X per ton), while Lithuania ($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 (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :