Eastern Europe: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in Eastern Europe

The East European rubber-to-metal and moulded article market contracted sharply to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Production of Rubber-to-Metal and Moulded Articles in Eastern Europe

In value terms, rubber-to-metal and moulded article production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports in Eastern Europe

In 2022, approx. X tons of rubber-to-metal and moulded articles were exported in Eastern Europe; which is down by X% against 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, rubber-to-metal and moulded article exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Poland was the largest exporting country with an export of around X tons, which recorded X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with a X% share, followed by Romania (X%), Slovakia (X%) and Hungary (X%). Russia (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Russia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Hungary experienced a relatively flat trend pattern. By contrast, Slovakia (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Romania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) and Slovakia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest rubber-to-metal and moulded article supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

In Poland, rubber-to-metal and moulded article exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Hungary ($X per ton), while Russia ($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 other leaders experienced mixed trends in the export price figures.

Imports of Rubber-to-Metal and Moulded Articles

Imports in Eastern Europe

In 2022, imports of rubber-to-metal and moulded articles in Eastern Europe dropped to X tons, which is down by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, rubber-to-metal and moulded article imports shrank remarkably to $X in 2022. Total imports indicated a pronounced increase 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. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, the Czech Republic (X tons), Poland (X tons), Russia (X tons), Hungary (X tons), Romania (X tons) and Slovakia (X tons) represented the key importer of rubber-to-metal and moulded articles in Eastern Europe, making up X% of total import. Ukraine (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rubber-to-metal and moulded article importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined X% share of total imports. Hungary, Slovakia, Romania and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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