United Kingdom: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in the UK

The UK rubber-to-metal and moulded article market stood at $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Rubber-to-metal and moulded article consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Rubber-to-Metal and Moulded Articles in the UK

In value terms, rubber-to-metal and moulded article production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2021; afterwards, it flattened through to 2023.

Exports of Rubber-to-Metal and Moulded Articles

Exports from the UK

In 2023, the amount of rubber-to-metal and moulded articles exported from the UK contracted to X tons, shrinking by X% against the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, rubber-to-metal and moulded article exports reached $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and the United States (X tons) were the main destinations of rubber-to-metal and moulded article exports from the UK, together accounting for X% of total exports. Ireland, Belgium, the Czech Republic, Slovakia, the Netherlands, Norway, Spain, India, Italy and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rubber-to-metal and moulded article exported from the UK were the United States ($X), Germany ($X) and France ($X), with a combined X% share of total exports. The Netherlands, Slovakia, Ireland, Spain, Norway, Italy, India, Belgium, the Czech Republic and Romania lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rubber-to-metal and moulded article export price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into the UK

In 2023, rubber-to-metal and moulded article imports into the UK expanded modestly to X tons, picking up by X% compared with 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, rubber-to-metal and moulded article imports expanded to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of rubber-to-metal and moulded article imports to the UK, with a combined X% share of total imports. Poland, India, Turkey, the Czech Republic, Switzerland, Romania, Spain, Italy, France and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Poland ($X) appeared to be the largest rubber-to-metal and moulded article suppliers to the UK, with a combined X% share of total imports. The United States, France, India, Turkey, Italy, the Czech Republic, Spain, Belgium, Romania and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average rubber-to-metal and moulded article import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform