Europe: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Europe

In 2021, after two years of decline, there was significant growth in the Europe vulcanised cellular rubber articles market, when its value increased by 14% to $X. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Europe

In value terms, vulcanised cellular rubber articles production expanded notably to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 30% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in Europe

Vulcanised cellular rubber articles exports expanded markedly to X tons in 2021, with an increase of 6.1% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 20%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, vulcanised cellular rubber articles exports soared to $X in 2021. The total export value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), Germany (X tons), Poland (X tons), Denmark (X tons), Greece (X tons), Bulgaria (X tons), France (X tons) and the UK (X tons) represented roughly 91% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +29.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised cellular rubber articles supplying countries in Europe were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 47% share of total exports. Spain, Belgium, France, Denmark, the UK, Poland, Greece and Bulgaria lagged somewhat behind, together comprising a further 40%.

Among the main exporting countries, Poland, with a CAGR of +18.2%, recorded the highest rates of growth with regard to the value of exports, 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, increasing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Bulgaria ($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 (+6.3%), while the other leaders experienced more modest paces of growth.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in Europe

Vulcanised cellular rubber articles imports skyrocketed to X tons in 2021, rising by 29% compared with the previous year's figure. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +113.9% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised cellular rubber articles imports surged to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +102.1% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), followed by the UK (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons), France (X tons), Belgium (X tons) and Spain (X tons) represented the main importers of vulcanised cellular rubber articles for technical uses, together making up 67% of total imports. Russia (X tons), Romania (X tons), Denmark (X tons), Slovakia (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +18.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) were the countries with the highest levels of imports in 2021, together accounting for 33% of total imports. Poland, France, Russia, Italy, Spain, Belgium, Denmark, Austria, Romania and Slovakia lagged somewhat behind, together accounting for a further 47%.

Among the main importing countries, Russia, with a CAGR of +19.2%, 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

The import price in Europe stood at $X per ton in 2021, surging by 1.6% against the previous year. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 when the import price increased by 6.6%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform