Czech Republic: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in the Czech Republic

In 2022, the Czech unvulcanized rubber market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Unvulcanized Rubber Production in the Czech Republic

In value terms, unvulcanized rubber production fell to $X in 2022 estimated in export price. In general, production, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Unvulcanized Rubber Exports

Exports from the Czech Republic

In 2022, shipments abroad of unvulcanized rubber and articles thereof increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, unvulcanized rubber exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), Poland (X tons) and Slovakia (X tons) were the main destinations of unvulcanized rubber exports from the Czech Republic, together accounting for X% of total exports. Spain, Austria, Romania, the Netherlands, Hungary, France, Slovenia, Turkey, Belgium and Serbia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Slovakia ($X) constituted the largest markets for unvulcanized rubber exported from the Czech Republic worldwide, together accounting for X% of total exports. Hungary, Romania, France, Spain, Austria, the Netherlands, Slovenia, Turkey, Belgium and Serbia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unvulcanized rubber export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Netherlands ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports

Imports into the Czech Republic

In 2022, the amount of unvulcanized rubber and articles thereof imported into the Czech Republic declined modestly to X tons, remaining constant against the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, unvulcanized rubber imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest unvulcanized rubber supplier to the Czech Republic, with a X% share of total imports. Moreover, unvulcanized rubber imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was held by France (X tons), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of unvulcanized rubber and articles thereof to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

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

Import Prices by Country

In 2022, the average unvulcanized rubber import price amounted to $X per ton, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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