Brazil: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Brazil

After two years of decline, the Brazilian vulcanised rubber mats market increased by 13% to $X in 2021. In general, consumption, however, continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Vulcanised Rubber Mats Exports

Exports from Brazil

In 2021, overseas shipments of floor coverings and mats of vulcanised rubber increased by 1,092% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber mats exports soared to $X in 2021. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tons) was the main destination for vulcanised rubber mats exports from Brazil, with a 86% share of total exports. Moreover, vulcanised rubber mats exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), more than tenfold. The third position in this ranking was held by South Africa (X tons), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled +83.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+82.7% per year) and South Africa (+157.4% per year).

In value terms, Argentina ($X) emerged as the key foreign market for floor coverings and mats of vulcanised rubber exports from Brazil, comprising 63% of total exports. The second position in the ranking was held by Uruguay ($X), with an 8% share of total exports. It was followed by Hong Kong SAR, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina stood at +85.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+75.8% per year) and Hong Kong SAR (+67.9% per year).

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, which is down by -56.4% against the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average export price increased by 127%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Brazil

In 2021, after two years of decline, there was significant growth in overseas purchases of floor coverings and mats of vulcanised rubber, when their volume increased by 31% to X tons. Over the period under review, imports, however, saw a deep slump. The growth pace was the most rapid in 2018 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 121%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber mats to Brazil, with a 76% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. Canada (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.5% per year) and Canada (-25.8% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Brazil, comprising 58% of total imports. The second position in the ranking was held by the United States ($X), with a 9.5% share of total imports. It was followed by India, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.2% per year) and India (-5.3% per year).

Import Prices by Country

The average vulcanised rubber mats import price stood at $X per ton in 2021, surging by 6.4% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in 2013 an increase of 98%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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