Canada - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRubber Price in Canada Increases to $4,056 per Ton
Canada Unvulcanized Rubber Export Price in December 2022
In December 2022, the unvulcanized rubber price stood at $4,056 per ton (FOB, Canada), picking up by 10% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2021 to December 2022, the rate of growth in terms of prices for the United States amounted to +0.9% per month.
| COUNTRY | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Price Unvulcanized Rubber in Canada (USD per ton) | |||||||||||||
| United States | 3708.0 | 3774.0 | 3743.0 | 3648.0 | 3701.0 | 3687.0 | 3989.0 | 3942.0 | 3790.0 | 3947.0 | 3702.0 | 3716.0 | 4130.0 |
| Average | 3693.0 | 3783.0 | 3740.0 | 3641.0 | 3696.0 | 3658.0 | 3952.0 | 3905.0 | 3762.0 | 3904.0 | 3701.0 | 3682.0 | 4056.0 |
Canada Unvulcanized Rubber Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($7,379 per ton), while the average price for exports of vulcanised rubber thread and cord ($1,773 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for the following types: vulcanised rubber thread (+3.1%), while the prices for the other products experienced more modest paces of growth.
Canada Unvulcanized Rubber Exports
In December 2022, overseas shipments of unvulcanized rubber and articles thereof decreased by -27.6% to 9K tons for the first time since September 2022, thus ending a two-month rising trend. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when exports increased by 25% against the previous month. As a result, the exports attained the peak of 13K tons. From April 2022 to December 2022, the growth of the exports failed to regain momentum.
In value terms, unvulcanized rubber exports shrank notably to $37M (IndexBox estimates) in December 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 22% against the previous month.
Canada Unvulcanized Rubber Exports by Type
Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (8.2K tons) was the largest type of unvulcanized rubber exported from Canada, with a 91% share of total exports. Moreover, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip exceeded the volume of the second product type, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (794 tons), tenfold.
From December 2021 to December 2022, the average monthly rate of growth in terms of the volume of export of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (-1.9% per month) and vulcanised rubber thread and cord (-6.4% per month).
In value terms, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip ($30M) remains the largest type of unvulcanized rubber exported from Canada, comprising 82% of total exports. The second position in the ranking was held by plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($5.9M), with a 16% share of total exports. It was followed by rubber, with a 1.9% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of the export volume of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (-1.8% per month) and rubber (+5.5% per month).
Canada Unvulcanized Rubber Exports by Country
the United States (8.6K tons) was the main destination for unvulcanized rubber exports from Canada, with a approximately 96% share of total exports.
From December 2021 to December 2022, the average monthly growth rate of volume to the United States was relatively modest.
In value terms, the United States ($36M) also remains the key foreign market for unvulcanized rubber exports from Canada.
From December 2021 to December 2022, the average monthly rate of growth in terms of value to the United States was relatively modest.
This report provides an in-depth analysis of the unvulcanized rubber market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22192013 - Rubber compounded with carbon black or silica, unvulcanised
- Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
- Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
- Prodcom 22192050 - Vulcanised rubber thread and cord
- Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
- Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
- Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
- Prodcom 22192087 - Extruded solid rubber rods and profiles
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
