Eastern Europe: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Eastern Europe

For the fifth consecutive year, the East European unvulcanized rubber market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption showed a pronounced 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 Eastern Europe

In value terms, unvulcanized rubber production expanded slightly to $X in 2022 estimated in export price. In general, production, however, recorded a mild contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Unvulcanized Rubber Exports

Exports in Eastern Europe

Unvulcanized rubber exports dropped modestly to X tons in 2022, approximately reflecting the previous year. Total exports indicated a pronounced expansion 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced slightly in the following year.

In value terms, unvulcanized rubber exports rose significantly to $X in 2022. Total exports indicated a notable 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Romania (X tons), Slovakia (X tons), Hungary (X tons) and Belarus (X tons), together comprising a X% share of total exports. Russia (X tons) held a minor share of total exports.

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

In value terms, the largest unvulcanized rubber supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total exports. Slovakia, Hungary, Belarus and Russia lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 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 Slovakia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Unvulcanized Rubber Imports

Imports in Eastern Europe

In 2022, unvulcanized rubber imports in Eastern Europe reduced to X tons, falling by X% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, unvulcanized rubber imports shrank to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) represented the key importer of unvulcanized rubber and articles thereof, comprising X% of total imports. It was distantly followed by Romania (X tons), the Czech Republic (X tons), Hungary (X tons), Russia (X tons) and Slovakia (X tons), together creating a X% share of total imports. Belarus (X tons) took a minor share of total imports.

Poland was also the fastest-growing in terms of the unvulcanized rubber and articles thereof imports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. By contrast, Belarus (X%), Hungary (X%), Slovakia (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Romania increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported unvulcanized rubber and articles thereof in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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