Netherlands: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in the Netherlands

The Dutch vulcanised rubber seal market reduced slightly to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, showed a tangible increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Vulcanised Rubber Seal Production in the Netherlands

In value terms, vulcanised rubber seal production shrank to $X in 2022 estimated in export price. Overall, production, however, posted a tangible increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 90% against the previous year. Vulcanised rubber seal production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vulcanised Rubber Seal Exports

Exports from the Netherlands

In 2022, exports of seals of vulcanised rubber from the Netherlands contracted slightly to X tons, remaining relatively unchanged against the previous year's figure. The total export volume increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by 31%. The exports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, vulcanised rubber seal exports fell to $X in 2022. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.9% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 20%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The UK (X tons), France (X tons) and Germany (X tons) were the main destinations of vulcanised rubber seal exports from the Netherlands, together comprising 43% of total exports. Belgium, Poland, Spain, Sweden, Italy, the United States, Denmark, Ireland, New Zealand and Brazil lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +23.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the largest markets for vulcanised rubber seal exported from the Netherlands worldwide, with a combined 29% share of total exports. Belgium, the United States, Italy, Brazil, Spain, Denmark, Sweden, Poland, Ireland and New Zealand lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, Italy, with a CAGR of +16.6%, recorded the highest growth rate of 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 vulcanised rubber seal export price stood at $X per ton in 2022, reducing by -4.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2013 an increase of 18%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Imports

Imports into the Netherlands

In 2022, the amount of seals of vulcanised rubber imported into the Netherlands dropped to X tons, declining by -8.2% on 2021 figures. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, vulcanised rubber seal imports expanded to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest vulcanised rubber seal supplier to the Netherlands, accounting for a 38% share of total imports. Moreover, vulcanised rubber seal imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. China (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and China (+3.7% per year).

In value terms, Germany ($X), Poland ($X) and Italy ($X) were the largest vulcanised rubber seal suppliers to the Netherlands, together accounting for 41% of total imports. The United States, the UK, Belgium, Sweden, France, China, Finland, Thailand and Japan lagged somewhat behind, together comprising a further 44%.

In terms of the main suppliers, Thailand, with a CAGR of +25.1%, recorded 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 vulcanised rubber seal import price stood at $X per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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