Eastern Europe: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Eastern Europe

In 2022, after three years of growth, there was significant decline in the East European vulcanised cellular rubber articles market, when its value decreased by X% to $X. Overall, consumption, however, recorded mild growth. The level of consumption peaked at $X in 2021, and then fell rapidly in the following year.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Eastern Europe

In value terms, vulcanised cellular rubber articles production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in Eastern Europe

In 2022, overseas shipments of vulcanised cellular rubber articles for technical uses increased by X% to X tons, rising for the sixth consecutive year after four years of decline. Total exports indicated tangible growth 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 2016 indices. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, vulcanised cellular rubber articles exports dropped dramatically to $X in 2022. Overall, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

Poland represented the main exporting country with an export of about X tons, which reached X% of total exports. Bulgaria (X tons) held the second position in the ranking, distantly followed by Hungary (X tons), Romania (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total exports. Slovakia (X tons) and Russia (X tons) held a little share of total exports.

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

In value terms, Poland ($X) remains the largest vulcanised cellular rubber articles supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, vulcanised cellular rubber articles exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bulgaria (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted markedly in the following year.

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 ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in Eastern Europe

In 2022, overseas purchases of vulcanised cellular rubber articles for technical uses decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Total imports indicated a remarkable 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 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, vulcanised cellular rubber articles imports shrank to $X in 2022. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Romania (X tons), Slovakia (X tons), the Czech Republic (X tons) and Bulgaria (X tons) were the main importers of vulcanised cellular rubber articles for technical uses, together committing X% of total imports. Ukraine (X tons) held a relatively small share of total imports.

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

In value terms, the largest vulcanised cellular rubber articles importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports. Romania, Slovakia, Bulgaria and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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