United Kingdom: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in the UK

The UK extruded solid rubber rod market expanded markedly to $X in 2022, growing by 9.3% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Extruded solid rubber rod consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Extruded Solid Rubber Rods And Profiles in the UK

In value terms, extruded solid rubber rod production totaled $X in 2022 estimated in export price. Overall, production saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1.6% against the previous year. Extruded solid rubber rod production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from the UK

In 2022, overseas shipments of extruded solid rubber rods and profiles increased by 9.4% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 42% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod exports reduced to $X in 2022. Overall, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ireland (X tons), Germany (X tons) and the United States (X tons) were the main destinations of extruded solid rubber rod exports from the UK, together comprising 54% of total exports. Turkey, the Netherlands, France, Gibraltar, Norway, New Zealand, Saudi Arabia, Canada, China and Italy lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +52.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for extruded solid rubber rod exported from the UK were the United States ($X), Germany ($X) and Norway ($X), together comprising 39% of total exports. Ireland, France, the Netherlands, Italy, Saudi Arabia, Canada, Turkey, China, New Zealand and Gibraltar lagged somewhat behind, together comprising a further 28%.

New Zealand, with a CAGR of +45.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, waning by -21.1% against the previous year. Overall, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 an increase of 33%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 Norway ($X per ton), while the average price for exports to Gibraltar ($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 Norway (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into the UK

In 2022, purchases abroad of extruded solid rubber rods and profiles increased by 23% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod imports expanded sharply to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 25%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of extruded solid rubber rod to the UK, with a 39% share of total imports. Moreover, extruded solid rubber rod imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+66.0% per year) and China (+8.2% per year).

In value terms, Germany ($X) constituted the largest supplier of extruded solid rubber rods and profiles to the UK, comprising 36% of total imports. The second position in the ranking was taken by China ($X), with a 9.3% share of total imports. It was followed by France, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.4% per year) and France (+2.3% per year).

Import Prices by Country

The average extruded solid rubber rod import price stood at $X per ton in 2022, waning by -6.5% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, extruded solid rubber rod import price decreased by -24.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 22%. The import price peaked at $X per ton in 2020; however, from 2021 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 the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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