EU: Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size in the EU

In 2021, after two years of decline, there was significant growth in the EU prepared rubber accelerators market, when its value increased by 21% to $X. The total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.9% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Prepared Rubber Accelerators Production in the EU

In value terms, prepared rubber accelerators production rose notably to $X in 2021 estimated in export price. In general, production continues to indicate a mild expansion. The pace of growth was the most pronounced in 2018 with an increase of 61%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Prepared Rubber Accelerators Exports

Exports in the EU

In 2021, overseas shipments of prepared rubber accelerators increased by 3.5% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 14%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports skyrocketed to $X in 2021. In general, exports, however, recorded a slight decline. The growth pace was the most rapid in 2017 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) and Italy (X tons) represented roughly 55% of total exports in 2021. Spain (X tons) held the next position in the ranking, followed by France (X tons), the Netherlands (X tons) and Austria (X tons). All these countries together held approx. 33% share of total exports. The Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Austria (with a CAGR of +70.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, with a combined 69% share of total exports. These countries were followed by Spain, France, Austria and the Czech Republic, which together accounted for a further 25%.

Austria, with a CAGR of +52.6%, recorded the highest growth rate of the value of exports, in terms of 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 the European Union stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the other leaders experienced a decline in the export price figures.

Prepared Rubber Accelerators Imports

Imports in the EU

In 2021, after two years of decline, there was significant growth in supplies from abroad of prepared rubber accelerators, when their volume increased by 14% to X tons. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, prepared rubber accelerators imports skyrocketed to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and Poland (X tons) represented the key importers of prepared rubber accelerators in 2021, finishing at near 21% and 16% of total imports, respectively. Spain (X tons) took the next position in the ranking, followed by France (X tons), Romania (X tons), the Czech Republic (X tons), Italy (X tons), Hungary (X tons) and Belgium (X tons). All these countries together held near 52% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +16.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 45% of total imports. These countries were followed by Romania, France, Italy, the Czech Republic, Hungary and Belgium, which together accounted for a further 41%.

Hungary, with a CAGR of +16.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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