Europe: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Europe

In 2022, the Europe vulcanised rubber thread market increased by X% to $X, rising for the second year in a row after two years of decline. The market value 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 level of consumption peaked in 2022 and is expected to retain growth in years to come.

Vulcanised Rubber Thread Production in Europe

In value terms, vulcanised rubber thread production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Vulcanised Rubber Thread Exports

Exports in Europe

In 2022, shipments abroad of vulcanised rubber thread and cord decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vulcanised rubber thread exports shrank to $X in 2022. Total exports indicated a modest 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 2016 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The biggest shipments were from Germany (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons), the UK (X tons), France (X tons) and Portugal (X tons), together reaching X% of total export. It was distantly followed by Slovenia (X tons), mixing up a X% share of total exports.

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

In value terms, the UK ($X), Italy ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. France, Belgium, the Netherlands, Portugal and Slovenia lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of 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 Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Slovenia ($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 UK (X%), while the other leaders experienced more modest paces of growth.

Vulcanised Rubber Thread Imports

Imports in Europe

In 2022, supplies from abroad of vulcanised rubber thread and cord increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, vulcanised rubber thread imports rose rapidly to $X in 2022. Total imports 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of vulcanised rubber thread imports in 2022 were the UK (X tons), Italy (X tons) and Russia (X tons), together amounting to X% of total import. Belgium (X tons) ranks next in terms of the total imports with a X% share, followed by Germany (X%). Spain (X tons), Poland (X tons), Portugal (X tons), France (X tons), Belarus (X tons), Greece (X tons), the Netherlands (X tons) and the Czech Republic (X tons) took a minor share of total imports.

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

In value terms, the largest vulcanised rubber thread importing markets in Europe were Italy ($X), the UK ($X) and Russia ($X), together comprising X% of total imports. Belgium, Germany, Poland, Spain, the Netherlands, France, Portugal, Greece, Belarus and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Netherlands, 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 Europe stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the UK ($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.

Source: IndexBox Platform

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