United Kingdom: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in the UK

The UK prepared rubber accelerators market declined sharply to $X in 2021, falling by -52.8% against the previous year. In general, consumption continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Prepared Rubber Accelerators Production in the UK

In value terms, prepared rubber accelerators production contracted modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +50.3% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of 23%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank modestly in the following year.

Prepared Rubber Accelerators Exports

Exports from the UK

In 2021, overseas shipments of prepared rubber accelerators were finally on the rise to reach X tons after three years of decline. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators exports soared to $X in 2021. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Vietnam (X tons) and Italy (X tons) were the main destinations of prepared rubber accelerators exports from the UK, with a combined 42% share of total exports. France, Indonesia, Sri Lanka, Portugal, the United States, the Netherlands, Spain, Sweden, China and Egypt lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +85.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared rubber accelerators exported from the UK were Vietnam ($X), Germany ($X) and Indonesia ($X), together comprising 38% of total exports. Sri Lanka, Italy, France, the United States, China, Portugal, Spain, the Netherlands, Sweden and Egypt lagged somewhat behind, together comprising a further 41%.

The Netherlands, with a CAGR of +109.8%, recorded the highest growth rate of the value of exports, in terms of 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 prepared rubber accelerators export price stood at $X per ton in 2021, declining by -1.5% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared rubber accelerators export price increased by +64.6% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The export price peaked at $X per ton in 2020, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Egypt ($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 Sri Lanka (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into the UK

In 2021, supplies from abroad of prepared rubber accelerators decreased by -7.1% to X tons, falling for the sixth year in a row after four years of growth. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 6.7% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, prepared rubber accelerators imports amounted to $X in 2021. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest prepared rubber accelerators supplier to the UK, with a 48% share of total imports. Moreover, prepared rubber accelerators imports from France exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled -9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+0.5% per year) and China (-6.0% per year).

In value terms, France ($X), China ($X) and Spain ($X) were the largest prepared rubber accelerators suppliers to the UK, together accounting for 63% of total imports. Italy, Germany, the Netherlands, Romania, Belgium and Poland lagged somewhat behind, together comprising a further 33%.

Romania, with a CAGR of +59.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average prepared rubber accelerators import price amounted to $X per ton, picking up by 8.8% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 12%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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