Tunisia: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

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

The Tunisian solid vulcanised rubber sheet market skyrocketed to $X in 2022, with an increase of 77% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Exports from Tunisia

In 2022, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were exported from Tunisia; growing by 17% compared with the previous year's figure. Over the period under review, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 92%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, solid vulcanised rubber sheet exports surged to $X in 2022. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 49% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Algeria (X tons) was the main destination for solid vulcanised rubber sheet exports from Tunisia, accounting for a 48% share of total exports. Moreover, solid vulcanised rubber sheet exports to Algeria exceeded the volume sent to the second major destination, Italy (X tons), twofold. Morocco (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to Algeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-6.0% per year) and Morocco (-15.8% per year).

In value terms, Ethiopia ($X) remains the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from Tunisia, comprising 57% of total exports. The second position in the ranking was held by Algeria ($X), with an 18% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Ethiopia totaled +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-6.2% per year) and France (-3.8% per year).

Export Prices by Country

The average solid vulcanised rubber sheet export price stood at $X per ton in 2022, rising by 8.1% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 85% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Italy ($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 Ethiopia (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Tunisia

In 2022, imports of plates, sheets, strips for floor covering of solid vulcanised rubber into Tunisia soared to X tons, rising by 67% on 2021. Overall, imports, however, showed a noticeable decline. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2022. Over the period under review, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. 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

China (X tons), France (X tons) and Italy (X tons) were the main suppliers of solid vulcanised rubber sheet imports to Tunisia, together comprising 54% of total imports. Spain, Turkey, Denmark, Germany and India lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +18.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet suppliers to Tunisia were France ($X), Germany ($X) and Italy ($X), with a combined 50% share of total imports. Spain, Denmark, China, Turkey and India lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Turkey, with a CAGR of +27.1%, saw 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

In 2022, the average solid vulcanised rubber sheet import price amounted to $X per ton, rising by 7.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform