Vulcanised Rubber Thread Market in Germany
Market Overview
The German vulcanised rubber thread market skyrocketed 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 noticeable downturn. Vulcanised rubber thread consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, vulcanised rubber thread production contracted to $ in estimated in export price. Over the period under review, production, however, showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of %. Over the period under review, production hit record highs at $ in , and then dropped in the following year.
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 noticeable downturn. Vulcanised rubber thread consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, vulcanised rubber thread production contracted to $
in estimated in export price. Over the period under review, production, however, showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of %. Over the period under review, production hit record highs at $ in , and then dropped in the following year.Consumption
In , consumption of vulcanised rubber thread and cord was finally on the rise to reach tons after three years of decline. In general, consumption, however, saw a abrupt shrinkage. Over the period under review, consumption reached the peak volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The revenue of the vulcanised rubber thread market in Germany skyrocketed to $ in , with an increase of % 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, continues to indicate a noticeable descent. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, consumption of vulcanised rubber thread and cord was finally on the rise to reach tons after three years of decline. In general, consumption, however, saw a abrupt shrinkage. Over the period under review, consumption reached the peak volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The revenue of the vulcanised rubber thread market in Germany skyrocketed to $
in , with an increase of % 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, continues to indicate a noticeable descent. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for vulcanised rubber thread in Germany, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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 .Market Structure
Vulcanised rubber thread market in Germany consists almost entirely of imported products.
Trade Balance
Germany remains a net importer of vulcanised rubber thread; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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