EU: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in the EU

The EU non-reinforced rubber tubing market rose markedly to $X in 2021, picking up by 7% against the previous year. In general, consumption, however, continues to indicate a mild decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Reinforced Rubber Tubing Production in the EU

In value terms, non-reinforced rubber tubing production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Reinforced Rubber Tubing Exports

Exports in the EU

In 2021, overseas shipments of rubber tubing not reinforced increased by 8.6% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 20%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-reinforced rubber tubing exports expanded significantly to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by 15% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) and Poland (X tons) represented roughly 64% of total exports in 2021. It was distantly followed by Italy (X tons), generating a 14% share of total exports. The following exporters - the Netherlands (X tons), France (X tons), Spain (X tons), Sweden (X tons), Belgium (X tons), the Czech Republic (X tons) and Austria (X tons) - together made up 16% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +11.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest non-reinforced rubber tubing supplier in the European Union, comprising 39% of total exports. The second position in the ranking was taken by Poland ($X), with an 18% share of total exports. It was followed by Italy, with an 11% share.

In Germany, non-reinforced rubber tubing exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+10.8% per year) and Italy (-6.0% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, growing by 4.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 6.8% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.5%), while the other leaders experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports in the EU

In 2021, after three years of decline, there was significant growth in purchases abroad of rubber tubing not reinforced, when their volume increased by 28% to X tons. The total import volume increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-reinforced rubber tubing imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% 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 attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of non-reinforced rubber tubing imports in 2021 were Germany (X tons), France (X tons), Poland (X tons), Spain (X tons), Bulgaria (X tons) and Italy (X tons), together reaching 66% of total import. The following importers - Belgium (X tons), the Czech Republic (X tons), the Netherlands (X tons), Romania (X tons), Hungary (X tons), Austria (X tons) and Finland (X tons) - together made up 22% 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 Bulgaria (with a CAGR of +14.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2021, together comprising 38% of total imports. Italy, Spain, Bulgaria, Belgium, Romania, the Czech Republic, the Netherlands, Austria, Hungary and Finland lagged somewhat behind, together comprising a further 47%.

In terms of the main importing countries, Bulgaria, with a CAGR of +16.7%, 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

The import price in the European Union stood at $X per ton in 2021, growing by 2.9% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by 8% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 Romania ($X per ton), while Spain ($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

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