Market for Vulcanised Cellular Rubber Articles in Germany
Market Overview
In 
, after two years of growth, there was significant decline in the German vulcanised cellular rubber articles market, when its value decreased by -% to $. Overall, consumption continues to indicate a mild contraction. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.
In value terms, vulcanised cellular rubber articles production dropped to $ in estimated in export price. Over the period under review, production continues to indicate a mild descent. The pace of growth appeared the most rapid in 2008 with an increase of %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a somewhat lower figure.
, after two years of growth, there was significant decline in the German vulcanised cellular rubber articles market, when its value decreased by -% to $. Overall, consumption continues to indicate a mild contraction. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.In value terms, vulcanised cellular rubber articles production dropped to $
in estimated in export price. Over the period under review, production continues to indicate a mild descent. The pace of growth appeared the most rapid in 2008 with an increase of %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a somewhat lower figure.Consumption
In , consumption of vulcanised cellular rubber articles for technical uses decreased by -% to tons for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in , and then reduced in the following year.
The size of the vulcanised cellular rubber articles market in Germany dropped to $ in , shrinking 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). In general, consumption continues to indicate a mild contraction. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.
, consumption of vulcanised cellular rubber articles for technical uses decreased by -% to tons for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in , and then reduced in the following year.The size of the vulcanised cellular rubber articles market in Germany dropped to $
in , shrinking 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). In general, consumption continues to indicate a mild contraction. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Driven by increasing demand for vulcanised cellular rubber articles for technical uses in Germany, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, 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 .Market Structure
Over the period under review, the share of imports in terms of total vulcanised cellular rubber articles consumption in Germany was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Germany vulcanised cellular rubber articles market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Germany vulcanised cellular rubber articles market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Germany remains a net importer of vulcanised cellular rubber articles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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