Belgium: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Belgium

After two years of growth, the Belgian prepared rubber accelerators market decreased by X% to $X in 2023. In general, consumption saw a abrupt descent. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Prepared Rubber Accelerators Production in Belgium

In value terms, prepared rubber accelerators production reduced remarkably to $X in 2023 estimated in export price. Over the period under review, production showed a dramatic decline. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Prepared Rubber Accelerators Exports

Exports from Belgium

In 2023, shipments abroad of prepared rubber accelerators was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports declined dramatically to $X in 2023. Over the period under review, exports, however, showed a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for prepared rubber accelerators exports from Belgium, with a X% share of total exports. Moreover, prepared rubber accelerators exports to India exceeded the volume sent to the second major destination, Brazil (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and China (X% per year).

In value terms, the largest markets for prepared rubber accelerators exported from Belgium were India ($X), the United States ($X) and Brazil ($X), together accounting for X% of total exports. The Netherlands, China, Poland, Portugal, Germany, France, Greece, Italy, Spain and Romania lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average prepared rubber accelerators export price stood at $X per ton in 2023, reducing by X% against the previous year. In general, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into Belgium

In 2023, supplies from abroad of prepared rubber accelerators decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators imports reduced dramatically to $X in 2023. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Germany (X tons) was the main supplier of prepared rubber accelerators to Belgium, accounting for a X% share of total imports. It was followed by France (X tons), with a X% share of total imports. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared rubber accelerators to Belgium, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2023, which is down by X% against the previous year. In general, import price indicated a pronounced increase 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, prepared rubber accelerators import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform