
Germany - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
Unvulcanised Rubber Price in Germany Grows Moderately to $4,061 per Ton
Germany Unvulcanised Rubber Export Price in August 2022
In August 2022, the unvulcanised rubber price stood at $4,061 per ton (FOB, Germany), picking up by 4.2% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +3.5%. The growth pace was the most rapid in June 2022 when the export price increased by 9.3% m-o-m. the Germany export price peaked in August 2022.
There were significant differences in the average prices amongst the major exporting countries. In August 2022, the country with the highest price was Italy ($5,610 per ton), while Slovakia ($2,930 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Serbia (+5.4%), while the other leaders experienced more modest paces of growth.
Germany Unvulcanised Rubber Exports
In August 2022, shipments abroad of unvulcanised rubber increased by 8.8% to 13K tons for the first time since May 2022, thus ending a two-month declining trend. Overall, exports, however, showed a noticeable slump. The most prominent rate of growth was recorded in May 2022 when exports increased by 23% against the previous month. As a result, the exports reached the peak of 17K tons. From June 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, unvulcanised rubber exports amounted to $55M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +1.4% from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain months. The most prominent rate of growth was recorded in May 2022 with an increase of 14% month-to-month. As a result, the exports attained the peak of $59M. From June 2022 to August 2022, the growth of the exports failed to regain momentum.
Germany Unvulcanised Rubber Exports by Country
Poland (3K tons), France (2.7K tons) and Spain (1.8K tons) represented roughly 11% of total exports in August 2022. Romania (1,165 tons) took the next position in the ranking, followed by Italy (814 tons), Serbia (641 tons) and the Czech Republic (630 tons). All these countries together took approximately 4.7% share of total exports. The following exporters - Hungary (521 tons), the UK (242 tons), India (263 tons), Slovakia (376 tons) and the United States (336 tons) - together made up 2.5% of total exports.
From January 2022 to August 2022, the biggest increases were in the United States (with a CAGR of +8.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Poland ($11M), France ($8.9M) and Spain ($6.3M) constituted the countries with the highest levels of exports in August 2022, together comprising 9.2% of total exports. Romania, Italy, the Czech Republic, Serbia, Hungary, the United States, the UK, Slovakia and India lagged somewhat behind, together accounting for a further 7.9%.
Serbia, with a CAGR of +13.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the unvulcanised rubber market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
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