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World - Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtruded Rod Market
The global market for extruded rods and profile shapes of cellular vulcanised rubber is projected to grow at a steady pace over the next eight years, with expectations of increased consumption, production, imports, and exports. Major countries like China, the United States, and Germany play crucial roles in the market, with varying rates of growth in consumption and production. Imports and exports also show significant trends, with China leading as the largest exporter. Overall, the market is anticipated to expand both in volume and value terms, reflecting positive growth patterns and fluctuations over the years.
Market Forecast
Driven by increasing demand for extruded rods and profile shapes of cellular vulcanised rubber worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.6% for the period from 2022 to 2030, which is projected to bring the market volume to 559K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.2% for the period from 2022 to 2030, which is projected to bring the market value to $4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber
After two years of decline, consumption of extruded rods and profile shapes of cellular vulcanised rubber increased by 1.2% to 421K tons in 2022. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at 493K tons in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
The global extruded rod market value reached $2.7B in 2022, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $3.1B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (73K tons), the United States (53K tons) and Germany (53K tons), together accounting for 42% of global consumption.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +25.0%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($444M), the United States ($324M) and Germany ($260M) constituted the countries with the highest levels of market value in 2022, with a combined 38% share of the global market.
In terms of the main consuming countries, Germany, with a CAGR of +15.0%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of extruded rod per capita consumption in 2022 were Germany (635 kg per 1000 persons), Spain (449 kg per 1000 persons) and Italy (266 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +24.5%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber
After two years of decline, production of extruded rods and profile shapes of cellular vulcanised rubber increased by 5.9% to 431K tons in 2022. In general, the total production indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 17%. Over the period under review, global production attained the peak volume at 491K tons in 2019; however, from 2020 to 2022, production remained at a lower figure.
In value terms, extruded rod production expanded rapidly to $2.7B in 2022 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $3.2B. From 2020 to 2022, global production growth remained at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (89K tons), Germany (52K tons) and the United States (50K tons), together comprising 44% of global production.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +25.2%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber
In 2022, the amount of extruded rods and profile shapes of cellular vulcanised rubber imported worldwide fell to 36K tons, which is down by -14.5% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 42K tons, and then fell in the following year.
In value terms, extruded rod imports rose slightly to $242M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. Global imports peaked at $243M in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
Imports By Country
In 2022, the United States (6.2K tons), distantly followed by Vietnam (3.1K tons), Poland (2.3K tons), Germany (1.8K tons) and the Netherlands (1.8K tons) represented the key importers of extruded rods and profile shapes of cellular vulcanised rubber, together achieving 42% of total imports. Uzbekistan (1,580 tons), Lithuania (898 tons), Japan (896 tons), Mexico (866 tons), South Korea (845 tons), Spain (826 tons), Sweden (728 tons) and the UK (717 tons) held a minor share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +66.7%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, Vietnam ($28M), the United States ($27M) and Germany ($13M) appeared to be the countries with the highest levels of imports in 2022, together comprising 28% of global imports. The Netherlands, Poland, Uzbekistan, Spain, Mexico, the UK, Sweden, Japan, Lithuania and South Korea lagged somewhat behind, together comprising a further 28%.
In terms of the main importing countries, Uzbekistan, with a CAGR of +127.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average extruded rod import price stood at $6,677 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Global import price peaked at $7,103 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Vietnam ($9,095 per ton), while South Korea ($1,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+36.3%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber
In 2022, global exports of extruded rods and profile shapes of cellular vulcanised rubber surged to 46K tons, jumping by 39% on the previous year's figure. Overall, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% 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 +94.8% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, extruded rod exports skyrocketed to $342M in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +86.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports By Country
In 2022, China (17K tons) was the main exporter of extruded rods and profile shapes of cellular vulcanised rubber, generating 36% of total exports. The Philippines (7.9K tons) held the second position in the ranking, distantly followed by the United States (2.9K tons). All these countries together held near 24% share of total exports. Poland (2K tons), Malaysia (1.8K tons), Taiwan (Chinese) (1.6K tons), Germany (1.5K tons), Sweden (1.3K tons), Spain (1.1K tons), Lithuania (1K tons), Italy (0.9K tons), Turkey (0.9K tons) and France (0.8K tons) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to extruded rod exports from China stood at +35.8%. At the same time, the Philippines (+85.8%), Malaysia (+16.9%), Taiwan (Chinese) (+13.2%) and the United States (+1.7%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of +85.8% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, Poland (-2.7%), Sweden (-4.4%), Lithuania (-4.8%), Germany (-5.1%), Italy (-5.2%), France (-6.4%) and Turkey (-8.5%) illustrated a downward trend over the same period. China (+34 p.p.), the Philippines (+17 p.p.), Malaysia (+2.8 p.p.) and Taiwan (Chinese) (+2.1 p.p.) significantly strengthened its position in terms of the global exports, while Lithuania, Italy, France, Sweden, Poland, Germany and Turkey saw its share reduced by -2.5%, -2.6%, -2.8%, -3.1%, -3.4%, -4.1% and -4.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($155M) emerged as the largest extruded rod supplier worldwide, comprising 45% of global exports. The second position in the ranking was taken by Germany ($22M), with a 6.5% share of global exports. It was followed by the United States, with a 5.2% share.
In China, extruded rod exports increased at an average annual rate of +40.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-7.7% per year) and the United States (+2.3% per year).
Export Prices By Country
In 2022, the average extruded rod export price amounted to $7,444 per ton, picking up by 20% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $7,620 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($14,904 per ton), while Malaysia ($1,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.5%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global extruded rod market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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