Luxembourg: Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size in Luxembourg

In 2021, the Luxembourg prepared rubber accelerators market decreased by -86.9% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from Luxembourg

In 2021, overseas shipments of prepared rubber accelerators decreased by -33.9% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 17,903%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators exports reduced rapidly to $X in 2021. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 25,337%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for prepared rubber accelerators exports from Luxembourg, with a 100% share of total exports. It was followed by Germany (X kg), with a 0.1% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +15.5%.

In value terms, the Czech Republic ($X) remains the key foreign market for prepared rubber accelerators exports from Luxembourg, comprising 100% of total exports. The second position in the ranking was taken by Germany ($X), with a 0.2% share of total exports.

From 2013 to 2021, the average annual growth rate of value to the Czech Republic stood at +15.9%.

Export Prices by Country

The average prepared rubber accelerators export price stood at $X per ton in 2021, rising by 3.9% against the previous year. Overall, the export price, however, showed a deep slump. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic stood at $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.4%), while the prices for the other major destinations experienced a decline.

Prepared Rubber Accelerators Imports

Imports into Luxembourg

In 2021, purchases abroad of prepared rubber accelerators decreased by -77.8% to X tons, falling for the third year in a row after two years of growth. Overall, imports showed a mild curtailment. The growth pace was the most rapid in 2018 when imports increased by 292%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared rubber accelerators imports shrank rapidly to $X in 2021. In general, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 338% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of prepared rubber accelerators to Luxembourg, with a 89% share of total imports. Moreover, prepared rubber accelerators imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X tons), eightfold. The third position in this ranking was held by Germany (X kg), with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+102.7% per year) and Germany (-55.2% per year).

In value terms, Italy ($X) constituted the largest supplier of prepared rubber accelerators to Luxembourg, comprising 83% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports. It was followed by China, with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+104.1% per year) and China (-68.9% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, surging by 6.3% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+60.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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