Global Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size

In 2021, the global prepared rubber accelerators market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.9% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the global market remained at a somewhat lower figure.

Prepared Rubber Accelerators Production

In value terms, prepared rubber accelerators production expanded remarkably to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 29%. As a result, production reached the peak level of $X. From 2019 to 2021, global production growth remained at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports

After two years of decline, shipments abroad of prepared rubber accelerators increased by 12% to X tons in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Over the period under review, the global exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, prepared rubber accelerators exports surged to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The global exports peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

China dominates exports structure, recording X tons, which was near 59% of total exports in 2021. Malaysia (X tons) ranks second in terms of the total exports with a 9% share, followed by Taiwan (Chinese) (4.6%). Germany (X tons), Italy (X tons), the United States (X tons), India (X tons) and South Korea (X tons) took a minor share of total exports.

Exports from China increased at an average annual rate of +11.0% from 2012 to 2021. At the same time, India (+12.3%), Malaysia (+10.3%), Italy (+4.7%), the United States (+4.5%), Taiwan (Chinese) (+2.7%) and Germany (+2.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.3% from 2012-2021. By contrast, South Korea (-1.5%) illustrated a downward trend over the same period. China (+17 p.p.) and Malaysia (+2.3 p.p.) significantly strengthened its position in terms of the global exports, while Germany, Taiwan (Chinese) and South Korea saw its share reduced by -1.8%, -2% and -2.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest prepared rubber accelerators supplier worldwide, comprising 55% of global exports. The second position in the ranking was held by the United States ($X), with a 6.5% share of global exports. It was followed by Germany, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +13.1%. In the other countries, the average annual rates were as follows: the United States (+4.4% per year) and Germany (+0.6% per year).

Export Prices by Country

In 2021, the average prepared rubber accelerators export price amounted to $X per ton, jumping by 18% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The global export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the other global leaders experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports

In 2021, overseas purchases of prepared rubber accelerators increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of prepared rubber accelerators, namely Thailand, Indonesia, India, China, Vietnam, Germany, the United States, Poland, Sri Lanka, Malaysia, South Korea and Spain, represented more than two-thirds of total import. France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +15.4%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Thailand ($X), India ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 31% of global imports. These countries were followed by China, Vietnam, Germany, the United States, South Korea, Spain, Sri Lanka, Poland, Malaysia and France, which together accounted for a further 40%.

Sri Lanka, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average prepared rubber accelerators import price amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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