Luxembourg: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Luxembourg

The Luxembourg vulcanised rubber mats market surged to $X in 2021, rising by 34% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Vulcanised rubber mats consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Vulcanised Rubber Mats Production in Luxembourg

In value terms, vulcanised rubber mats production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a sharp contraction. The pace of growth was the most pronounced in 2020 with a decrease of 99.9% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Vulcanised Rubber Mats Exports

Exports from Luxembourg

In 2021, after five years of decline, there was significant growth in shipments abroad of floor coverings and mats of vulcanised rubber, when their volume increased by 36% to X tons. In general, exports, however, saw a significant contraction. The most prominent rate of growth was recorded in 2014 with an increase of 132%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports soared to $X in 2021. Overall, exports, however, faced a significant decrease. The pace of growth appeared the most rapid in 2014 when exports increased by 99%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Morocco (X tons) and France (X kg) were the main destinations of vulcanised rubber mats exports from Luxembourg, with a combined 86% share of total exports. Germany, Canada, the Netherlands and Switzerland lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +45.6%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from Luxembourg, comprising 69% of total exports. The second position in the ranking was taken by France ($X), with a 16% share of total exports. It was followed by Morocco, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-7.2% per year) and Morocco (0.0% per year).

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, with a decrease of -5.7% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 160%. The export price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Canada ($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 Belgium (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Luxembourg

In 2021, supplies from abroad of floor coverings and mats of vulcanised rubber was finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 68%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber mats imports surged to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of vulcanised rubber mats to Luxembourg, accounting for a 67% share of total imports. Moreover, vulcanised rubber mats imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by France (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.2% per year) and France (-1.9% per year).

In value terms, Germany ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Luxembourg, comprising 55% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.2% per year) and France (+1.3% per year).

Import Prices by Country

The average vulcanised rubber mats import price stood at $X per ton in 2021, picking up by 3.5% against the previous year. In general, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for India ($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 (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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