United Kingdom: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in the UK

In 2021, the UK rubber-to-metal and moulded article market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Rubber-to-Metal and Moulded Articles in the UK

In value terms, rubber-to-metal and moulded article production surged to $X in 2021 estimated in export price. In general, production, however, saw a perceptible reduction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from the UK

In 2021, approx. X tons of rubber-to-metal and moulded articles were exported from the UK; picking up by 19% on the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, rubber-to-metal and moulded article exports soared to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Ireland (X tons) were the main destinations of rubber-to-metal and moulded article exports from the UK, together accounting for 31% of total exports. Slovakia, the United States, Belgium, the Czech Republic, the Netherlands, Poland, Italy, Norway, Romania and Spain lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest markets for rubber-to-metal and moulded article exported from the UK worldwide, with a combined 31% share of total exports. These countries were followed by France, Ireland, Italy, Spain, Slovakia, Poland, Belgium, Norway, the Czech Republic and Romania, which together accounted for a further 32%.

Among the main countries of destination, Slovakia, with a CAGR of +28.2%, recorded the highest growth rate of 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 rubber-to-metal and moulded article export price amounted to $X per ton, increasing by 7.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 24%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 the United States ($X per ton), while the average price for exports to Romania ($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 Netherlands (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber-to-Metal and Moulded Articles

Imports into the UK

In 2021, rubber-to-metal and moulded article imports into the UK soared to X tons, jumping by 25% on 2020 figures. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports soared to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of rubber-to-metal and moulded article imports to the UK, with a combined 60% share of total imports. India, Poland, France, Turkey, Italy, Belgium, Ireland, Spain, Thailand and Japan lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +13.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) were the largest rubber-to-metal and moulded article suppliers to the UK, with a combined 53% share of total imports. France, Poland, India, Belgium, Ireland, Italy, Turkey, Thailand, Spain and Japan lagged somewhat behind, together accounting for a further 32%.

Among the main suppliers, Ireland, with a CAGR of +25.6%, saw 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

In 2021, the average rubber-to-metal and moulded article import price amounted to $X per ton, with an increase of 1.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 4.1%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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