EU: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in the EU

The EU extruded solid rubber rod market rose remarkably to $X in 2022, with an increase of 9.6% against the previous year. Over the period under review, consumption, however, recorded a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Extruded Solid Rubber Rods And Profiles in the EU

In value terms, extruded solid rubber rod production rose markedly to $X in 2022 estimated in export price. In general, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of 19% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports in the EU

In 2022, the amount of extruded solid rubber rods and profiles exported in the European Union reduced to X tons, which is down by -6.6% on the year before. Over the period under review, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, extruded solid rubber rod exports shrank modestly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) and the Czech Republic (X tons) represented the key exporters of extruded solid rubber rods and profiles in 2022, resulting at approx. 32% and 25% of total exports, respectively. Spain (X tons) held the next position in the ranking, followed by Slovakia (X tons) and Italy (X tons). All these countries together held near 19% share of total exports. Poland (X tons), Sweden (X tons), the Netherlands (X tons), Austria (X tons), Slovenia (X tons), France (X tons), Belgium (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +4.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest extruded solid rubber rod supplier in the European Union, comprising 34% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total exports. It was followed by France, with an 8.3% share.

In Germany, extruded solid rubber rod exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (+5.7% per year) and France (+2.3% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 an increase of 11%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the other leaders experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports in the EU

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported in the European Union; with an increase of 15% compared with 2021 figures. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, extruded solid rubber rod imports rose slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons), Greece (X tons), Poland (X tons), France (X tons), Italy (X tons), the Czech Republic (X tons), Bulgaria (X tons), Belgium (X tons), Austria (X tons), Romania (X tons), Spain (X tons) and the Netherlands (X tons) was the main importer of extruded solid rubber rods and profiles in the European Union, generating 88% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Greece (with a CAGR of +19.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest extruded solid rubber rod importing markets in the European Union were Germany ($X), Poland ($X) and France ($X), with a combined 38% share of total imports. The Czech Republic, the Netherlands, Italy, Austria, Belgium, Bulgaria, Spain, Romania and Greece lagged somewhat behind, together comprising a further 45%.

Among the main importing countries, Romania, with a CAGR of +6.2%, recorded the highest growth rate of 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 2022, the import price in the European Union amounted to $X per ton, reducing by -10.6% against the previous year. Over the period under review, the import price recorded a slight decline. The pace of growth was the most pronounced in 2020 an increase of 7.6% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the Netherlands ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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