Overview of the Global Market for Prepared Glues And Other Prepared Adhesives

Market Size for Prepared Glues And Other Prepared Adhesives

The global market for prepared glues and other prepared adhesives totaled $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Global consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Prepared Glues And Other Prepared Adhesives

In value terms, production of prepared glues and other prepared adhesives stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Prepared Glues And Other Prepared Adhesives

Exports

In 2022, approx. X tons of prepared glues and other prepared adhesives were exported worldwide; approximately equating 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the global exports of reached the maximum at X tons in 2021, and then fell slightly in the following year.

In value terms, exports of prepared glues and other prepared adhesives expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X tons), distantly followed by Germany (X tons), the United States (X tons) and Italy (X tons) were the main exporters of prepared glues and other prepared adhesives, together constituting X% of total exports. The following exporters - the Netherlands (X tons), Belgium (X tons), Switzerland (X tons), France (X tons), Taiwan (Chinese) (X tons), Turkey (X tons), Malaysia (X tons), South Korea (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest prepared glues and other prepared adhesives supplying countries worldwide were China ($X), Germany ($X) and the United States ($X), with a combined X% share of global exports. South Korea, Italy, Taiwan (Chinese), the Netherlands, France, Switzerland, Belgium, Poland, Turkey and Malaysia lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for prepared glues and other prepared adhesives stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Imports of Prepared Glues And Other Prepared Adhesives

Imports

Global imports of prepared glues and other prepared adhesives rose slightly to X tons in 2022, picking up by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; 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, global imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of prepared glues and other prepared adhesives totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The purchases of the twelve major importers of prepared glues and other prepared adhesives, namely Germany, China, Russia, Myanmar, Vietnam, France, Poland, the United States, Belgium, Mexico, Canada and the UK, represented more than third of total import. India (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported prepared glues and other prepared adhesives worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

In China, imports of prepared glues and other prepared adhesives expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average import price for prepared glues and other prepared adhesives amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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