Extruded Rod Market
Extruded rod market: discover new information enhanced by an Ai-driven market research tool. Statistics cover market size, consumption, imports, production, trade, market prices, exports, and companies. There is a split by region, including the Middle East, Africa, EU, the U.K., Russia, Latin America, the U.S., and China. Market dynamics and outlook to 2030 are also provided in the snapshots.
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Extruded Rod - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Germany |
| 3 | Japan |
| 4 | United States |
| 5 | India |
In value terms, China led the market, alone. The second position in the ranking was occupied by Germany. It was followed by Japan.
In China, the extruded rod market expanded at an average annual rate of +12.0% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Germany (+10.2% per year) and Japan (+2.9% per year).
Extruded Rod Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Malaysia | 2892 | 3324 | 1503 | -27.9% |
| Philippines | 4186 | 3522 | 2493 | -22.8% |
| Turkey | 4545 | 3920 | 4263 | -3.2% |
| Slovakia | 6672 | 5329 | 4789 | -15.3% |
| Taiwan (Chinese) | 6023 | 5539 | 5105 | -7.9% |
| China | 4859 | 6545 | 6063 | 11.7% |
| Poland | 7513 | 7137 | 6166 | -9.4% |
| Lithuania | 7082 | 6791 | 6782 | -2.1% |
| United States | 7619 | 6434 | 7219 | -2.7% |
| Sweden | 7916 | 7409 | 7466 | -2.9% |
| Italy | 8493 | 8793 | 9535 | 6.0% |
| France | 14711 | 15370 | 13300 | -4.9% |
| Germany | 15918 | 15666 | 17908 | 6.1% |
| Average | 7088 | 6705 | 6245 | -6.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($17,908 per ton), while Malaysia ($1,503 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Czech Republic | 11271 | 12974 | 9543 | -8.0% |
| Spain | 8872 | 7564 | 8667 | -1.2% |
| Thailand | 9411 | 10157 | 8208 | -6.6% |
| Vietnam | 8081 | 7672 | 7971 | -0.7% |
| Sweden | 7607 | 7349 | 7400 | -1.4% |
| Germany | 6580 | 6571 | 7160 | 4.3% |
| United States | 9103 | 7617 | 6245 | -17.2% |
| Russia | 6223 | 6217 | 5718 | -4.1% |
| United Kingdom | 7616 | 8112 | 5577 | -14.4% |
| Poland | 6070 | 5897 | 5526 | -4.6% |
| Japan | 5321 | 5178 | 5212 | -1.0% |
| Canada | 4073 | 4008 | 3973 | -1.2% |
| Lithuania | 5243 | 4710 | 3764 | -15.3% |
| Average | 7144 | 6826 | 6562 | -4.2% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Czech Republic ($9,543 per ton), while Lithuania ($3,764 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the import price figures.
Extruded Rod - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 33 | 28 | 22 | -17.9% |
| Vietnam | 26 | 24 | 21 | -9.7% |
| Russia | 8.7 | 11 | 11 | 14.1% |
| Poland | 11 | 10 | 11 | 1.9% |
| Germany | 14 | 14 | 10 | -13.7% |
In value terms, the United States ($22M), Vietnam ($21M) and Russia ($11M) were the countries with the highest levels of imports in 2020, together accounting for 27% of global imports. These countries were followed by Poland, Germany, Spain, Canada, Lithuania, the Czech Republic, Thailand, Japan, Sweden and the UK, which together accounted for a further 31%.
Among the main importing countries, Spain (+58.5% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Extruded Rod - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 24 | 25 | 22 | -3.7% |
| Germany | 20 | 20 | 19 | -1.4% |
| Philippines | 3.9 | 6.2 | 16 | 101.6% |
| Sweden | 12 | 12 | 12 | -2.6% |
| France | 13 | 11 | 11 | -4.8% |
In value terms, the United States ($22M), Germany ($20M) and the Philippines ($16M) constituted the countries with the highest levels of exports in 2020, with a combined 33% share of global exports.
Among the main exporting countries, the Philippines (+101.6% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Extruded Rod - Market Forecast
Driven by increasing demand for extruded rod worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Extruded Rod - Product Coverage
- HS 400819 - Rubber; vulcanised (other than hard rubber), cellular rubber, (other than in plates, sheets or strip)
This report provides an in-depth analysis of the global extruded rod market.
This report provides an in-depth analysis of the extruded rod market in Africa.
This report provides an in-depth analysis of the extruded rod market in Southern Asia.
This report provides an in-depth analysis of the extruded rod market in Central Asia.
This report provides an in-depth analysis of the extruded rod market in Eastern Asia.
This report provides an in-depth analysis of the extruded rod market in Northern America.
This report provides an in-depth analysis of the extruded rod market in Latin America and the Caribbean.
This report provides an in-depth analysis of the extruded rod market in South-Eastern Asia.
This report provides an in-depth analysis of the extruded rod market in the Middle East.
This report provides an in-depth analysis of the extruded rod market in Australia and Oceania.
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