Poland: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Poland

The Polish unvulcanised rubber market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Unvulcanised Rubber Production in Poland

In value terms, unvulcanised rubber production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild reduction. Unvulcanised rubber production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Unvulcanised Rubber Exports

Exports from Poland

For the fourth year in a row, Poland recorded growth in overseas shipments of unvulcanised rubber, which increased by 23% to X tons in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.7% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, unvulcanised rubber exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.6% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons) was the main destination for unvulcanised rubber exports from Poland, accounting for a 25% share of total exports. Moreover, unvulcanised rubber exports to Romania exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Romania stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-5.8% per year) and Germany (+2.1% per year).

In value terms, the largest markets for unvulcanised rubber exported from Poland were Romania ($X), Germany ($X) and Hungary ($X), together comprising 45% of total exports. Russia, Spain, France, Italy, Mexico, the United States, the UK, Belarus, Serbia and Ukraine lagged somewhat behind, together comprising a further 45%.

In terms of the main countries of destination, the United States, with a CAGR of +231.7%, 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

In 2021, the average unvulcanised rubber export price amounted to $X per ton, flattening at the previous year. In general, the export price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 3.7% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ukraine ($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 the UK (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Unvulcanised Rubber Imports

Imports into Poland

In 2021, purchases abroad of unvulcanised rubber increased by 9.6% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 27% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, unvulcanised rubber imports soared to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, 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

Germany (X tons), Romania (X tons) and Italy (X tons) were the main suppliers of unvulcanised rubber imports to Poland, with a combined 70% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +157.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of unvulcanised rubber to Poland, comprising 35% of total imports. The second position in the ranking was held by Romania ($X), with a 17% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+145.6% per year) and Italy (+6.7% per year).

Import Prices by Country

In 2021, the average unvulcanised rubber import price amounted to $X per ton, increasing by 6.1% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure 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 UK ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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