EU: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in the EU

In 2023, the EU vulcanised rubber erases market increased by X% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. The level of consumption peaked in 2023 and is likely to see gradual growth in years to come.

Vulcanised Rubber Erases Production in the EU

In value terms, vulcanised rubber erases production rose slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Vulcanised Rubber Erases Exports

Exports in the EU

In 2023, the amount of erasers of vulcanised rubber exported in the European Union skyrocketed to X tons, picking up by X% compared with the previous year. Overall, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, vulcanised rubber erases exports surged to $X in 2023. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

In 2023, Greece (X tons) and Spain (X tons) were the key exporters of erasers of vulcanised rubber in the European Union, together achieving X% of total exports. It was distantly followed by the Netherlands (X tons), Poland (X tons), France (X tons) and Germany (X tons), together achieving a X% share of total exports. The Czech Republic (X tons) took a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Greece ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, declining by X% against the previous year. Export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vulcanised rubber erases export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the other leaders experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports in the EU

In 2023, purchases abroad of erasers of vulcanised rubber increased by X% to X tons, rising for the second consecutive year after four years of decline. Total imports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, vulcanised rubber erases imports rose rapidly to $X in 2023. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2022 when imports increased by X%. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Imports by Country

Greece (X tons) and Italy (X tons) were the largest importers of erasers of vulcanised rubber in 2023, finishing at near X% and X% of total imports, respectively. It was distantly followed by the Netherlands (X tons), Germany (X tons), France (X tons), Spain (X tons) and Poland (X tons), together committing 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 Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber erases importing markets in the European Union were Italy ($X), Greece ($X) and France ($X), with a combined X% share of total imports.

In terms of the main importing countries, Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform