Benelux: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Benelux

In 2022, the Benelux vulcanised rubber thread market increased by X% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Vulcanised Rubber Thread Production in Benelux

In value terms, vulcanised rubber thread production expanded modestly to $X in 2022 estimated in export price. Overall, production saw a modest expansion. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Vulcanised Rubber Thread Exports

Exports in Benelux

In 2022, overseas shipments of vulcanised rubber thread and cord decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, vulcanised rubber thread exports contracted significantly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped sharply in the following year.

Exports by Country

The shipments of the two major exporters of vulcanised rubber thread and cord, namely the Netherlands and Belgium, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, the largest vulcanised rubber thread supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Vulcanised Rubber Thread Imports

Imports in Benelux

Vulcanised rubber thread imports rose significantly to X tons in 2022, growing by X% on 2021 figures. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vulcanised rubber thread imports expanded rapidly to $X in 2022. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium was the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the Netherlands (X tons), constituting a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vulcanised rubber thread imports into Belgium stood at X%. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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