Germany: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Germany

In 2021, the German unvulcanised rubber market decreased by -83.8% to $X, falling for the third consecutive year after two years of growth. In general, consumption faced a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Unvulcanised Rubber Production in Germany

In value terms, unvulcanised rubber production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 23%. Unvulcanised rubber production peaked in 2021 and is likely to see steady growth in the immediate term.

Unvulcanised Rubber Exports

Exports from Germany

In 2021, overseas shipments of unvulcanised rubber were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a pronounced downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, unvulcanised rubber exports soared to $X in 2021. Over the period under review, exports, however, showed a perceptible setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), France (X tons) and Spain (X tons) were the main destinations of unvulcanised rubber exports from Germany, with a combined 58% share of total exports. These countries were followed by Italy, Romania, the Czech Republic, Hungary, Slovakia, the UK, Serbia and Sweden, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +42.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Spain ($X) constituted the largest markets for unvulcanised rubber exported from Germany worldwide, together accounting for 49% of total exports. These countries were followed by Italy, Romania, the Czech Republic, Hungary, the UK, Slovakia, Serbia and Sweden, which together accounted for a further 34%.

Among the main countries of destination, Sweden, with a CAGR of +27.0%, 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 average unvulcanised rubber export price stood at $X per ton in 2021, growing by 5.9% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 an increase of 7.3% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($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 Serbia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanised Rubber Imports

Imports into Germany

In 2021, overseas purchases of unvulcanised rubber were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, unvulcanised rubber imports surged to $X in 2021. Overall, imports, however, saw a pronounced descent. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of unvulcanised rubber imports to Germany, with a combined 51% share of total imports. France, Hungary, Thailand, Romania, the Netherlands, Spain, the UK and Switzerland lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +74.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and Poland ($X) were the largest unvulcanised rubber suppliers to Germany, together accounting for 57% of total imports. France, Thailand, Romania, Hungary, the Netherlands, Spain, the UK and Switzerland lagged somewhat behind, together accounting for a further 38%.

In terms of the main suppliers, Thailand, with a CAGR of +63.7%, saw the highest growth rate of 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 average unvulcanised rubber import price stood at $X per ton in 2021, growing by 11% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Switzerland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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