Europe: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Europe

In 2021, the Europe prepared rubber accelerators market increased by 12% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Prepared Rubber Accelerators Production in Europe

In value terms, prepared rubber accelerators production expanded to $X in 2021 estimated in export price. The total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% 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 -31.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 55% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Prepared Rubber Accelerators Exports

Exports in Europe

In 2021, overseas shipments of prepared rubber accelerators increased by 5.7% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 13%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared rubber accelerators exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) and Italy (X tons) represented the main exporters of prepared rubber accelerators in 2021, finishing at near 26% and 25% of total exports, respectively. Spain (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by France (9.2%), the Netherlands (7.3%), the UK (6%) and Austria (4.6%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Austria (with a CAGR of +70.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the UK ($X) constituted the countries with the highest levels of exports in 2021, with a combined 63% share of total exports. These countries were followed by the Netherlands, Spain, France and Austria, which together accounted for a further 28%.

Austria, with a CAGR of +52.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, surging by 15% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. 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 UK ($X per ton), while Austria ($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 UK (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Prepared Rubber Accelerators Imports

Imports in Europe

In 2021, after two years of decline, there was significant growth in overseas purchases of prepared rubber accelerators, when their volume increased by 12% to X tons. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, prepared rubber accelerators imports skyrocketed to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and Poland (X tons) represented the major importers of prepared rubber accelerators in 2021, accounting for approx. 18% and 14% of total imports, respectively. Spain (X tons) held the next position in the ranking, followed by Romania (X tons), France (X tons), the Czech Republic (X tons) and Russia (X tons). All these countries together took near 39% share of total imports. Hungary (X tons), Belgium (X tons), Italy (X tons), the UK (X tons) and Slovakia (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared rubber accelerators importing markets in Europe were Germany ($X), Spain ($X) and Poland ($X), with a combined 41% share of total imports. Romania, France, Russia, Italy, the Czech Republic, Hungary, Belgium, the UK and Slovakia lagged somewhat behind, together comprising a further 48%.

Hungary, with a CAGR of +16.3%, 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 2021, growing by 18% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform