Ireland: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Ireland

In 2022, the Irish extruded solid rubber rod market was finally on the rise to reach $X for the first time since 2016, thus ending a five-year declining trend. In general, consumption continues to indicate modest growth. Extruded solid rubber rod consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Ireland

In 2022, exports of extruded solid rubber rods and profiles from Ireland rose sharply to X tons, picking up by X% against the previous year. Over the period under review, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, extruded solid rubber rod exports reduced slightly to $X in 2022. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The UK (X tons) was the main destination for extruded solid rubber rod exports from Ireland, accounting for a X% share of total exports. It was followed by Slovakia (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and France (X% per year).

In value terms, the UK ($X) remains the key foreign market for extruded solid rubber rods and profiles exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average extruded solid rubber rod export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).

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Imports of Extruded Solid Rubber Rods And Profiles

Imports into Ireland

In 2022, purchases abroad of extruded solid rubber rods and profiles increased by X% to X tons, rising for the second year in a row after four years of decline. In general, total imports indicated perceptible 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, extruded solid rubber rod imports surged to $X in 2022. Over the period under review, 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 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of extruded solid rubber rod imports to Ireland, together comprising X% of total imports. Italy, Belgium, China and Japan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest extruded solid rubber rod suppliers to Ireland were the UK ($X), Poland ($X) and Germany ($X), together accounting for X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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