Brazil: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in Brazil

The Brazilian extruded solid rubber rod market dropped to $X in 2022, waning by -7.3% against the previous year. In general, consumption recorded a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Extruded Solid Rubber Rods And Profiles in Brazil

In value terms, extruded solid rubber rod production dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 42%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Brazil

Extruded solid rubber rod exports from Brazil fell sharply to X tons in 2022, with a decrease of -23.3% on the previous year's figure. Over the period under review, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod exports shrank to $X in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for extruded solid rubber rod exports from Brazil, with a 57% share of total exports. Moreover, extruded solid rubber rod exports to the United States exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold. Argentina (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+5.0% per year) and Argentina (-14.0% per year).

In value terms, the United States ($X) remains the key foreign market for extruded solid rubber rods and profiles exports from Brazil, comprising 51% of total exports. The second position in the ranking was held by Argentina ($X), with a 10% share of total exports. It was followed by Paraguay, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-15.4% per year) and Paraguay (+4.0% per year).

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, growing by 19% against the previous year. In general, the export price, however, showed a perceptible contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Brazil

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported into Brazil; which is down by -12.6% compared with the previous year. In general, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 151% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, extruded solid rubber rod imports skyrocketed to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, South Korea (X tons) constituted the largest extruded solid rubber rod supplier to Brazil, accounting for a 37% share of total imports. Moreover, extruded solid rubber rod imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to +90.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.4% per year) and Germany (-9.8% per year).

In value terms, the largest extruded solid rubber rod suppliers to Brazil were South Korea ($X), the United States ($X) and Germany ($X), with a combined 54% share of total imports.

South Korea, with a CAGR of +88.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, with an increase of 48% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :