Europe: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Europe

The Europe extruded solid rubber rod market rose notably to $X in 2022, with an increase of 7% against the previous year. In general, consumption, however, showed a abrupt slump. 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 Europe

In value terms, extruded solid rubber rod production expanded notably to $X in 2022 estimated in export price. In general, production, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 17%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports in Europe

Extruded solid rubber rod exports contracted to X tons in 2022, declining by -5.6% on 2021. Over the period under review, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, extruded solid rubber rod exports declined to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. The level of export peaked 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 roughly 52% of total exports in 2022. It was distantly followed by Spain (X tons), Slovakia (X tons), Belarus (X tons) and Italy (X tons), together making up a 23% share of total exports. Poland (X tons), Sweden (X tons), the Netherlands (X tons), Austria (X tons), Slovenia (X tons) and France (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest extruded solid rubber rod supplier in Europe, comprising 32% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 15% share of total exports. It was followed by France, with a 7.7% 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 Europe amounted to $X per ton, increasing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 when the export price increased by 11%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Belarus ($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 (+5.0%), while the other leaders experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports in Europe

In 2022, the amount of extruded solid rubber rods and profiles imported in Europe expanded rapidly to X tons, with an increase of 9.6% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod imports totaled $X in 2022. In general, imports, however, showed a slight reduction. The pace of growth appeared the most rapid 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), Russia (X tons), Italy (X tons), the Czech Republic (X tons), Bulgaria (X tons), the UK (X tons), Belgium (X tons), Switzerland (X tons) and Austria (X tons) represented the largest importer of extruded solid rubber rods and profiles in Europe, making up 79% of total import. Romania (X tons) held a little share of total imports.

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 Europe were Germany ($X), Poland ($X) and France ($X), together comprising 31% of total imports. The Czech Republic, Italy, the UK, Switzerland, Russia, Austria, Belgium, Bulgaria, Romania and Greece lagged somewhat behind, together comprising a further 42%.

Romania, with a CAGR of +6.2%, saw the highest rates of growth with regard to the value of imports, among 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 Europe stood at $X per ton in 2022, falling by -7.6% against the previous year. In general, the import price recorded a slight reduction. The growth pace was the most rapid in 2018 when the import price increased by 8%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Greece ($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 UK (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform