United Kingdom: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in the UK

The UK solid vulcanised rubber sheet market contracted to $X in 2022, dropping by X% against the previous year. Overall, the total consumption indicated a perceptible increase 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in the UK

In value terms, solid vulcanised rubber sheet production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a slight descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from the UK

For the fifth consecutive year, the UK recorded decline in overseas shipments of plates, sheets, strips for floor covering of solid vulcanised rubber, which decreased by X% to X tons in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, solid vulcanised rubber sheet exports dropped to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Ireland (X tons) and Saudi Arabia (X tons) were the main destinations of solid vulcanised rubber sheet exports from the UK, with a combined X% share of total exports. Australia, France, Qatar, the United Arab Emirates, Sweden, Turkey, the United States, Hong Kong SAR, Iceland and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for solid vulcanised rubber sheet exported from the UK were Germany ($X), the Netherlands ($X) and Ireland ($X), with a combined X% share of total exports. The United States, France, Australia, Saudi Arabia, Sweden, the United Arab Emirates, Qatar, Hong Kong SAR, Turkey and Iceland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Iceland, 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 average solid vulcanised rubber sheet export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Iceland ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into the UK

Solid vulcanised rubber sheet imports into the UK contracted dramatically to X tons in 2022, dropping by X% against 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, solid vulcanised rubber sheet imports reduced to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and China (X tons) were the main suppliers of solid vulcanised rubber sheet imports to the UK, together accounting for X% of total imports. India, the Netherlands, Sweden, Italy, Romania, Spain, Belgium, South Korea and Poland 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 South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of plates, sheets, strips for floor covering of solid vulcanised rubber to the UK, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average solid vulcanised rubber sheet import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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