Benelux: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Benelux

The Benelux unvulcanized rubber market surged to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a slight contraction. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Unvulcanized Rubber Production in Benelux

In value terms, unvulcanized rubber production soared to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Unvulcanized Rubber Exports

Exports in Benelux

In 2023, shipments abroad of unvulcanized rubber and articles thereof increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, unvulcanized rubber exports reached $X in 2023. Over the period under review, exports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in exports structure, together committing X% of total exports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest unvulcanized rubber supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

In terms of the main exporting countries, the Netherlands, 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 a decline in the exports figures.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Unvulcanized Rubber Imports

Imports in Benelux

In 2023, purchases abroad of unvulcanized rubber and articles thereof decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, unvulcanized rubber imports reduced slightly to $X in 2023. In general, imports recorded a perceptible descent. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Belgium was the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by the Netherlands (X tons) and Luxembourg (X tons), together making up a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest unvulcanized rubber importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform