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Germany - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in Germany - 2023
Contents:
- Synthetic Latex Rubber Price in Germany (FOB) - 2023
- Synthetic Latex Rubber Price in Germany (CIF) - 2023
- Synthetic Latex Rubber Exports in Germany
- Synthetic Latex Rubber Imports in Germany
Synthetic Latex Rubber Price in Germany (FOB) - 2023
In June 2023, the average synthetic latex rubber export price amounted to $1,354 per ton, dropping by -3.4% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 6.5% m-o-m. As a result, the export price reached the peak level of $1,498 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($2,366 per ton), while the average price for exports to Spain ($1,159 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Latex Rubber Price in Germany (CIF) - 2023
The average synthetic latex rubber import price stood at $1,459 per ton in June 2023, increasing by 5.3% against the previous month. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in August 2022 an increase of 16% month-to-month. The import price peaked at $1,656 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($3,637 per ton), while the price for Austria ($1,034 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Finland (+3.2%), while the prices for the other major suppliers experienced a decline.
Synthetic Latex Rubber Exports in Germany
In 2022, synthetic latex rubber exports from Germany declined markedly to 350K tons, which is down by -15.6% compared with the year before. Over the period under review, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 414K tons, and then reduced rapidly in the following year.
In value terms, synthetic latex rubber exports dropped slightly to $532M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports attained the peak of $549M, and then shrank slightly in the following year.
Export of Synthetic Latex Rubber in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 32.5 | 29.1 | 47.4 | 55.2 | 19.3% |
Belgium | 43.0 | 34.3 | 48.0 | 49.5 | 4.8% |
China | 49.2 | 39.2 | 63.5 | 41.6 | -5.4% |
United States | 28.4 | 29.9 | 37.6 | 40.1 | 12.2% |
France | 30.0 | 20.1 | 35.4 | 38.3 | 8.5% |
Netherlands | 39.3 | 31.1 | 46.7 | 37.9 | -1.2% |
Spain | 27.3 | 20.0 | 23.5 | 28.9 | 1.9% |
Czech Republic | 17.7 | 14.6 | 24.1 | 28.3 | 16.9% |
United Kingdom | 17.5 | 14.3 | 23.3 | 26.0 | 14.1% |
Switzerland | 16.6 | 16.0 | 21.7 | 20.9 | 8.0% |
Turkey | 4.9 | 6.5 | 12.6 | 18.0 | 54.3% |
Serbia | 4.7 | 5.3 | 9.9 | 11.7 | 35.5% |
Austria | 11.7 | 6.9 | 14.6 | 10.7 | -2.9% |
Others | 111 | 90.5 | 141 | 125 | 4.0% |
Total | 434 | 358 | 549 | 532 | 7.0% |
Top Export Markets for Synthetic Latex Rubber from Germany in 2022:
- Italy (40.9K tons)
- Belgium (37.9K tons)
- France (26.3K tons)
- Spain (23.8K tons)
- China (22.9K tons)
- Czech Republic (22.3K tons)
- Netherlands (21.6K tons)
- United Kingdom (19.4K tons)
- United States (16.3K tons)
- Turkey (13.9K tons)
- Switzerland (11.6K tons)
- Serbia (8.9K tons)
- Austria (8.3K tons)
Synthetic Latex Rubber Imports in Germany
In 2022, the amount of synthetic latex rubber imported into Germany dropped slightly to 67K tons, shrinking by -3.7% compared with 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of 70K tons, and then fell modestly in the following year.
In value terms, synthetic latex rubber imports amounted to $103M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Synthetic Latex Rubber in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 16.4 | 14.9 | 23.6 | 29.7 | 21.9% |
Austria | 0.2 | 0.3 | 6.1 | 16.0 | 330.9% |
Italy | 6.9 | 5.4 | 11.2 | 10.6 | 15.4% |
Spain | 9.2 | 7.7 | 10.9 | 9.4 | 0.7% |
France | 7.8 | 7.3 | 9.3 | 8.7 | 3.7% |
Belgium | 4.1 | 5.7 | 8.6 | 7.5 | 22.3% |
Finland | 2.6 | 0.2 | 11.8 | 7.3 | 41.1% |
Others | 9.4 | 5.3 | 10.3 | 13.7 | 13.4% |
Total | 56.7 | 46.7 | 91.9 | 103 | 22.0% |
Top Suppliers of Synthetic Latex Rubber to Germany in 2022:
- Netherlands (20.1K tons)
- Austria (14.6K tons)
- Finland (6.3K tons)
- Spain (6.3K tons)
- Belgium (5.3K tons)
- Italy (5.2K tons)
- France (5.0K tons)
This report provides an in-depth analysis of the synthetic latex rubber market in Germany. 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 20171050 - Synthetic latex rubber
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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Between December 2022 and August 2023, the exports of Synthetic Latex Rubber witnessed a decline in growth momentum. In terms of value, the exports of Synthetic Latex Rubber dropped to $30M in August 2023.
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
Learn about the growing demand for synthetic rubber worldwide and the anticipated market trends from 2023 to 2030, including projected increases in both volume and value.
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
Between December 2022 and August 2023, the exports of Synthetic Latex Rubber witnessed a decline in growth momentum. In terms of value, the exports of Synthetic Latex Rubber dropped to $30M in August 2023.
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
Learn about the growing demand for synthetic rubber worldwide and the anticipated market trends from 2023 to 2030, including projected increases in both volume and value.
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>