Austria: Overview of the Market for Natural Rubber And Gums 2021

Market Size for Natural Rubber And Gums in Austria

The Austrian natural rubber and gum market contracted sharply to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild slump. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market remained at a lower figure.

Exports of Natural Rubber And Gums

Exports from Austria

In 2019, overseas shipments of natural rubber and gums decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, natural rubber and gum exports declined rapidly to $X in 2019. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2010 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tonnes), France (X tonnes) and Hungary (X tonnes) were the main destinations of natural rubber and gum exports from Austria, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Hungary ($X) were the largest markets for natural rubber and gum exported from Austria worldwide, together comprising X% of total exports. These countries were followed by the Czech Republic, Italy, Romania and the Netherlands, which together accounted for a further X Czech Republic recorded the highest rates of growth with regard to 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 natural rubber and gum export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, export price indicated a modest increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber And Gums

Imports into Austria

In 2019, the amount of natural rubber and gums imported into Austria fell rapidly to X tonnes, waning by -X% against the previous year's figure. Over the period under review, imports saw a perceptible contraction. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports dropped markedly to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of natural rubber and gum imports to Austria, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in the Netherlands (+X% per year).

In value terms, the Netherlands ($X) and Germany ($X) constituted the largest natural rubber and gum suppliers to Austria, together accounting for X% of total imports.

In terms of the main suppliers, the Netherlands (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average natural rubber and gum import price stood at $X per tonne in 2019, almost unchanged from the previous year. Overall, the import price showed a moderate increase. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Germany amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

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The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tonnes), Indonesia (3.7M tonnes) and China (1.4M tonnes), with a combined 62% share of global consumption. These countries were followed by Viet Nam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.

What are the largest producers of natural rubber and gums in the world?

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The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tonnes), Indonesia (3.7M tonnes) and Viet Nam (1.2M tonnes), with a combined 67% share of global production. India, China, Malaysia and Cote d'Ivoire lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of natural rubber and gums to Austria?

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In value terms, the largest natural rubber and gum suppliers to Austria were the Netherlands ($2.7M) and Germany ($2.6M), with a combined 89% share of total imports.

What are the leading importers of natural rubber and gums from Austria?

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In value terms, the largest markets for natural rubber and gum exported from Austria were France ($32K), Germany ($26K) and Hungary ($19K), with a combined 65% share of total exports. The Czech Republic, Italy, Romania and the Netherlands lagged somewhat behind, together accounting for a further 31%.

What is the average export price for natural rubber and gums in Austria?

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In 2019, the average natural rubber and gum export price amounted to $4,915 per tonne, shrinking by -7.3% against the previous year.

What is the average import price for natural rubber and gums in Austria?

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In 2019, the average natural rubber and gum import price amounted to $2,273 per tonne, approximately reflecting the previous year.