Czech Republic: Market for Isoprene Rubber (IR) in Primary Forms 2024

Market Size for Isoprene Rubber (IR) in Primary Forms in the Czech Republic

The Czech market for isoprene rubber (IR) in primary forms fell markedly to $X in 2022, waning by 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). Over the period under review, consumption continues to indicate a abrupt curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Isoprene Rubber (IR) in Primary Forms

Exports from the Czech Republic

After two years of growth, overseas shipments of isoprene rubber (IR) in primary forms decreased by X% to X tons in 2022. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of isoprene rubber (IR) in primary forms dropped rapidly to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of exports of isoprene rubber (IR) in primary forms from the Czech Republic, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for isoprene rubber (IR) in primary form exported from the Czech Republic were South Africa ($X), Germany ($X) and Slovakia ($X), together comprising X% of total exports.

In terms of the main countries of destination, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for isoprene rubber (IR) in primary forms amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced a decline.

Imports of Isoprene Rubber (IR) in Primary Forms

Imports into the Czech Republic

Imports of isoprene rubber (IR) in primary forms into the Czech Republic contracted sharply to X tons in 2022, shrinking by X% on 2021. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of isoprene rubber (IR) in primary forms shrank notably to $X in 2022. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of isoprene rubber (IR) in primary form to the Czech Republic, accounting for a X% share of total imports. Moreover, imports of isoprene rubber (IR) in primary forms from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Russia ($X) constituted the largest supplier of isoprene rubber (IR) in primary forms to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average import price for isoprene rubber (IR) in primary forms stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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