EU: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in the EU

The EU vulcanised rubber seal market expanded slightly to $X in 2022, picking up by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vulcanised Rubber Seal Production in the EU

In value terms, vulcanised rubber seal production fell to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Vulcanised Rubber Seal Exports

Exports in the EU

In 2022, approx. X tons of seals of vulcanised rubber were exported in the European Union; with a decrease of X% compared with the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, vulcanised rubber seal exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Germany (X tons) and Poland (X tons) represented roughly X% of total exports in 2022. Italy (X tons) held the next position in the ranking, followed by France (X tons). All these countries together held approx. X% share of total exports. The Netherlands (X tons), the Czech Republic (X tons), Spain (X tons), Slovakia (X tons), Romania (X tons), Belgium (X tons), Sweden (X tons), Bulgaria (X tons) and Austria (X tons) took a little share of total exports.

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

In value terms, Germany ($X) remains the largest vulcanised rubber seal supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Poland, with an X% share.

In Germany, vulcanised rubber seal 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: France (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced 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 Sweden ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Vulcanised Rubber Seal Imports

Imports in the EU

In 2022, the amount of seals of vulcanised rubber imported in the European Union shrank modestly to X tons, approximately mirroring 2021 figures. The total import 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 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, vulcanised rubber seal imports fell modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

In 2022, Germany (X tons) represented the major importer of seals of vulcanised rubber, achieving X% of total imports. Poland (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Hungary (X%), the Czech Republic (X%), Spain (X%), Belgium (X%) and the Netherlands (X%). Romania (X tons), Slovakia (X tons), Sweden (X tons), Italy (X tons) and Austria (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), Spain (X%), Belgium (X%), the Netherlands (X%), Italy (X%), Romania (X%) and France (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Slovakia, Poland and Austria experienced a relatively flat trend pattern. By contrast, Sweden (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, Spain and Belgium increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported seals of vulcanised rubber in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($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 in Germany amounted to X%. The remaining importing 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 import price in the European Union amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced slightly 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 the Netherlands ($X per ton), while Hungary ($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 more modest paces of growth.

Source: IndexBox Platform

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