Spain: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Spain

In 2022, after nine years of decline, there was significant growth in the Spanish solid vulcanised rubber sheet market, when its value increased by 23% to $X. Overall, consumption, however, faced a abrupt decline. Solid vulcanised rubber sheet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Spain

In value terms, solid vulcanised rubber sheet production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 47% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Spain

In 2022, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were exported from Spain; which is down by -2.3% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, solid vulcanised rubber sheet exports reached $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons) was the main destination for solid vulcanised rubber sheet exports from Spain, accounting for a 34% share of total exports. Moreover, solid vulcanised rubber sheet exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.9% per year) and Portugal (-4.7% per year).

In value terms, Germany ($X) remains the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from Spain, comprising 30% of total exports. The second position in the ranking was taken by France ($X), with a 15% share of total exports. It was followed by Portugal, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.7% per year) and Portugal (-3.3% per year).

Export Prices by Country

In 2022, the average solid vulcanised rubber sheet export price amounted to $X per ton, growing by 2.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 10%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to India ($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 Morocco (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Spain

In 2022, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber imported into Spain expanded remarkably to X tons, surging by 6.9% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2022. Over the period under review, imports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of solid vulcanised rubber sheet to Spain, accounting for a 29% share of total imports. Moreover, solid vulcanised rubber sheet imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.8% per year) and Germany (+9.3% per year).

In value terms, the largest solid vulcanised rubber sheet suppliers to Spain were China ($X), Germany ($X) and Italy ($X), with a combined 43% share of total imports. Taiwan (Chinese), Sweden, the United States, France, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 42%.

In terms of the main suppliers, Sweden, with a CAGR of +38.7%, recorded the highest rates of growth with regard to 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 solid vulcanised rubber sheet import price stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2018 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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