Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany - 2023

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany (FOB) - 2023
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany (CIF) - 2023
3. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany
4. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany (FOB) - 2023

In December 2023, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,943 per ton, waning by -6.8% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 15% m-o-m. As a result, the export price attained the peak level of $4,431 per ton. From May 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,919 per ton), while the average price for exports to the Czech Republic ($2,527 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany (CIF) - 2023

In December 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,986 per ton, picking up by 3.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 13% m-o-m. As a result, import price reached the peak level of $4,635 per ton. From August 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($9,608 per ton), while the price for Turkey ($2,382 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany

In 2022, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Germany amounted to 322K tons, remaining relatively unchanged against the previous year. Over the period under review, exports, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 5.3%.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $1.2B in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Germany in 2022:

1. Poland (62.2K tons)
2. France (46.2K tons)
3. Spain (32.8K tons)
4. Romania (21.2K tons)
5. Czech Republic (21.0K tons)
6. Italy (19.4K tons)
7. Hungary (15.2K tons)
8. United States (9.9K tons)
9. Slovakia (9.5K tons)
10. United Kingdom (8.5K tons)
11. Serbia (7.3K tons)
12. Mexico (6.2K tons)
13. Switzerland (6.0K tons)

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Germany

In 2022, the amount of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips imported into Germany declined to 151K tons, which is down by -3.4% on the year before. Over the period under review, imports showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 10%.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips rose to $533M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Germany in 2022:

1. Poland (30.7K tons)
2. Italy (20.7K tons)
3. France (20.1K tons)
4. Belgium (16.2K tons)
5. Netherlands (10.4K tons)
6. Austria (10.1K tons)
7. Romania (6.0K tons)
8. Spain (5.2K tons)
9. Czech Republic (3.8K tons)
10. Turkey (3.6K tons)
11. Slovakia (3.6K tons)
12. Slovenia (3.1K tons)
13. Hungary (3.1K tons)

Source: IndexBox Market Intelligence Platform