Updated Oct 18, 2022 01:44

Non-Reinforced Rubber Tubing Market in Germany

Market Overview
In , the German non-reinforced rubber tubing market was finally on the rise to reach $ after two years of decline. In general, the total consumption indicated a slight expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Non-reinforced rubber tubing consumption peaked at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing production stood at $ in estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.


Consumption
In , consumption of rubber tubing not reinforced increased by % to tons, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a moderate expansion 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. Non-reinforced rubber tubing consumption peaked in and is expected to retain growth in years to come.

The revenue of the non-reinforced rubber tubing market in Germany stood at $ in , remaining stable 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). Overall, the total consumption indicated slight growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. 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, the market hit record highs at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.


Market Forecast
Driven by increasing demand for non-reinforced rubber tubing 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 .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Germany remains a net exporter of non-reinforced rubber tubing; 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.