Unvulcanised Rubber Market in Germany
Market Overview
The German unvulcanised rubber market rose notably to $
in , increasing by % against 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. Unvulcanised rubber consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
In value terms, unvulcanised rubber production reached $ in estimated in export price. Overall, production, however, saw a mild descent. The pace of growth was the most pronounced in 2011 with an increase of %. Unvulcanised rubber production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
in , increasing by % against 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. Unvulcanised rubber consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.In value terms, unvulcanised rubber production reached $
in estimated in export price. Overall, production, however, saw a mild descent. The pace of growth was the most pronounced in 2011 with an increase of %. Unvulcanised rubber production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
In , consumption of unvulcanised rubber increased by % to tons, rising for the second year in a row after two years of decline. In general, the total consumption indicated a tangible increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption attained the maximum volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.
The value of the unvulcanised rubber market in Germany reduced modestly to $ in , 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Unvulcanised rubber consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
, consumption of unvulcanised rubber increased by % to tons, rising for the second year in a row after two years of decline. In general, the total consumption indicated a tangible increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption attained the maximum volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.The value of the unvulcanised rubber market in Germany reduced modestly to $
in , 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Unvulcanised rubber consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for unvulcanised rubber in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Trade Balance
Germany remains a net exporter of unvulcanised rubber; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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