Germany: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Germany

In 2021, the German vulcanised rubber erases market decreased by -31.3% to $X, falling for the fourth year in a row after two years of growth. In general, consumption continues to indicate a mild slump. Vulcanised rubber erases consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Vulcanised Rubber Erases Exports

Exports from Germany

In 2021, overseas shipments of erasers of vulcanised rubber decreased by -16.9% to X tons, falling for the second consecutive year after five years of growth. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 22%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber erases exports declined rapidly to $X in 2021. Overall, exports showed a slight decline. The pace of growth was the most pronounced in 2018 with an increase of 21%. The exports peaked at $X in 2020, and then dropped markedly in the following year.

Exports by Country

Austria (X tons) was the main destination for vulcanised rubber erases exports from Germany, with a 25% share of total exports. Moreover, vulcanised rubber erases exports to Austria exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was held by Russia (X tons), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria amounted to +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+0.8% per year) and Russia (+5.0% per year).

In value terms, Austria ($X) remains the key foreign market for erasers of vulcanised rubber exports from Germany, comprising 24% of total exports. The second position in the ranking was held by Poland ($X), with a 9.9% share of total exports. It was followed by France, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria stood at +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+8.6% per year) and France (-6.3% per year).

Export Prices by Country

In 2021, the average vulcanised rubber erases export price amounted to $X per ton, which is down by -3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 an increase of 37%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Germany

In 2021, supplies from abroad of erasers of vulcanised rubber decreased by -17.3% to X tons, falling for the third year in a row after three years of growth. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 when imports increased by 13%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, vulcanised rubber erases imports fell notably to $X in 2021. In general, imports saw a slight setback. The most prominent rate of growth was recorded in 2016 when imports increased by 18% against the previous year. Imports peaked at $X in 2020, and then fell rapidly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber erases to Germany, with a 50% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+15.1% per year) and the Netherlands (+40.8% per year).

In value terms, the largest vulcanised rubber erases suppliers to Germany were China ($X), the Netherlands ($X) and Malaysia ($X), with a combined 79% share of total imports.

The Netherlands, with a CAGR of +40.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vulcanised rubber erases import price stood at $X per ton in 2021, which is down by -18.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2020 when the average import price increased by 17%. As a result, import price reached the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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