Europe: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in Europe

In 2022, the Europe natural rubber and gum market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a noticeable decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Natural Rubber And Gums in Europe

In value terms, natural rubber and gum production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were the Netherlands (X tons), Hungary (X tons) and Austria (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Hungary (with a CAGR of X.0%), while production for the other leaders experienced more modest paces of growth.

Exports of Natural Rubber And Gums

Exports in Europe

In 2022, shipments abroad of natural rubber and gums increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, exports, however, showed a mild reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, natural rubber and gum exports fell to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) and the Netherlands (X tons) were the major exporters of natural rubber and gums in 2022, accounting for near X% and X% of total exports, respectively. Hungary (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ireland (X%). Denmark (X tons), Germany (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key 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 Netherlands ($X), Belgium ($X) and Denmark ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Ireland, Germany, Italy and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Ireland, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 Europe stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Imports of Natural Rubber And Gums

Imports in Europe

In 2022, overseas purchases of natural rubber and gums decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a mild setback. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports shrank rapidly to $X in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Italy (X tons) represented roughly X% of total imports in 2022. Germany (X tons) held the next position in the ranking, followed by the UK (X tons), Spain (X tons), Poland (X tons) and Russia (X tons). All these countries together held approx. X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

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

In value terms, the largest natural rubber and gum importing markets in Europe were the Netherlands ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. The UK, Germany, Spain, Poland, Russia and Belarus lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Europe stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the UK ($X per ton) and Poland ($X per ton), while Belgium ($X per ton) and Russia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :