Poland: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in Poland

The Polish vulcanised rubber seal market shrank to $X in 2022, reducing by -14.5% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Vulcanised Rubber Seal Production in Poland

In value terms, vulcanised rubber seal production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 25%. Vulcanised rubber seal production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Vulcanised Rubber Seal Exports

Exports from Poland

In 2022, vulcanised rubber seal exports from Poland reached X tons, surging by 3.4% on 2021. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its volume 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 +6.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, vulcanised rubber seal exports fell to $X in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 23%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for vulcanised rubber seal exports from Poland, with a 33% share of total exports. Moreover, vulcanised rubber seal exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Slovakia (X tons), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+23.0% per year) and Slovakia (+14.3% per year).

In value terms, Germany ($X) remains the key foreign market for seals of vulcanised rubber exports from Poland, comprising 31% of total exports. The second position in the ranking was taken by France ($X), with an 11% share of total exports. It was followed by Slovakia, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.1% per year) and Slovakia (+12.4% per year).

Export Prices by Country

The average vulcanised rubber seal export price stood at $X per ton in 2022, reducing by -3.4% against the previous year. In general, the export price showed a slight descent. The pace of growth appeared the most rapid in 2021 an increase of 5.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Romania ($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 Russia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Imports

Imports into Poland

In 2022, overseas purchases of seals of vulcanised rubber increased by 0.5% to X tons, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 15%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, vulcanised rubber seal imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest vulcanised rubber seal supplier to Poland, accounting for a 39% share of total imports. Moreover, vulcanised rubber seal imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+8.9% per year) and Italy (-5.9% per year).

In value terms, Germany ($X) constituted the largest supplier of seals of vulcanised rubber to Poland, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 10% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.5% per year) and China (+11.0% per year).

Import Prices by Country

The average vulcanised rubber seal import price stood at $X per ton in 2022, reducing by -3.6% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber seal import price increased by +63.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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