Germany: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Germany

In 2021, the German reclaimed rubber market decreased by -14.7% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a relatively flat trend pattern. Reclaimed rubber consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Reclaimed Rubber Production in Germany

In value terms, reclaimed rubber production surged to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 21% against the previous year. Reclaimed rubber production peaked in 2021 and is likely to see gradual growth in the near future.

Reclaimed Rubber Exports

Exports from Germany

In 2021, exports of reclaimed rubber from Germany was estimated at X tons, surging by 6.6% against 2020 figures. Overall, exports, however, recorded a slight decline. The growth pace was the most rapid in 2016 with an increase of 19%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, reclaimed rubber exports reduced to $X in 2021. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of 26%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Switzerland (X tons) and Poland (X tons) were the main destinations of reclaimed rubber exports from Germany, with a combined 64% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +24.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for reclaimed rubber exports from Germany, comprising 29% of total exports. The second position in the ranking was held by Switzerland ($X), with a 14% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+11.8% per year) and Poland (+11.9% per year).

Export Prices by Country

The average reclaimed rubber export price stood at $X per ton in 2021, with a decrease of -11.6% against the previous year. Over the period under review, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 29%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Norway ($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 Slovakia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reclaimed Rubber Imports

Imports into Germany

In 2021, overseas purchases of reclaimed rubber increased by 78% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, imports, however, continue to indicate a pronounced reduction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, reclaimed rubber imports surged to $X in 2021. Overall, imports, however, recorded a mild descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest reclaimed rubber supplier to Germany, accounting for a 56% share of total imports. Moreover, reclaimed rubber imports from Poland exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +78.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-13.1% per year) and the Czech Republic (+509.4% per year).

In value terms, Poland ($X) constituted the largest supplier of reclaimed rubber to Germany, comprising 60% of total imports. The second position in the ranking was taken by India ($X), with a 20% share of total imports. It was followed by China, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Poland amounted to +85.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-11.9% per year) and China (+84.6% per year).

Import Prices by Country

In 2021, the average reclaimed rubber import price amounted to $X per ton, growing by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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