Report Update Nov 1, 2024

Ireland - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Ireland

After three years of growth, the Irish unvulcanised rubber market decreased by -2.4% to $X in 2021. In general, consumption, however, recorded a mild decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Unvulcanised Rubber Production in Ireland

In value terms, unvulcanised rubber production dropped to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable downturn. The growth pace was the most rapid in 2020 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Unvulcanised Rubber Exports

Exports from Ireland

For the third consecutive year, Ireland recorded decline in overseas shipments of unvulcanised rubber, which decreased by -77.5% to X tons in 2021. In general, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of 49%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, unvulcanised rubber exports dropped markedly to $X in 2021. Over the period under review, exports recorded a sharp slump. The pace of growth was the most pronounced in 2018 with an increase of 58%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons) and Germany (X tons) were the main destinations of unvulcanised rubber exports from Ireland.

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 +20.6%).

In value terms, the UK ($X) and Germany ($X) constituted the largest markets for unvulcanised rubber exported from Ireland worldwide.

The UK, with a CAGR of +25.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average unvulcanised rubber export price amounted to $X per ton, picking up by 7.9% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, unvulcanised rubber export price increased by +69.1% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.1%).

Unvulcanised Rubber Imports

Imports into Ireland

After two years of decline, purchases abroad of unvulcanised rubber increased by 13% to X tons in 2021. In general, imports recorded a moderate expansion. The pace of growth was the most pronounced in 2017 when imports increased by 230% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, unvulcanised rubber imports skyrocketed to $X in 2021. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2017 with an increase of 126%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The UK (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of unvulcanised rubber imports to Ireland, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +151.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unvulcanised rubber suppliers to Ireland were the UK ($X), Germany ($X) and Italy ($X), with a combined 72% share of total imports.

Germany, with a CAGR of +135.8%, saw the highest growth rate of the value of imports, among 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 unvulcanised rubber import price stood at $X per ton in 2021, growing by 11% against the previous year. In general, the import price posted a mild increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 77% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unvulcanised rubber in the world?

The country with the largest volume of unvulcanised rubber consumption was China, comprising approx. 26% of total volume. Moreover, unvulcanised rubber consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 9.3% share.

What are the largest producers of unvulcanised rubber in the world?

China remains the largest unvulcanised rubber producing country worldwide, comprising approx. 25% of total volume. Moreover, unvulcanised rubber production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of unvulcanised rubber to Ireland?

In value terms, the UK, the United States and Italy appeared to be the largest unvulcanised rubber suppliers to Ireland, with a combined 91% share of total imports.

What are the leading importers of unvulcanised rubber from Ireland?

In value terms, Germany remains the key foreign market for unvulcanised rubber exports from Ireland, comprising 98% of total exports. The second position in the ranking was occupied by the UK, with a 1.8% share of total exports.

What is the average export price for unvulcanised rubber in Ireland?

In 2020, the average unvulcanised rubber export price amounted to $5,733 per ton, picking up by 4.7% against the previous year.

What is the average import price for unvulcanised rubber in Ireland?

In 2020, the average unvulcanised rubber import price amounted to $3,902 per ton, dropping by -10.8% against the previous year.

This report provides an in-depth analysis of the unvulcanised rubber market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22192013 - Rubber compounded with carbon black or silica, unvulcanised

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023