Canada: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Canada

For the third consecutive year, the Canadian vulcanised rubber mats market recorded growth in sales value, which increased by 3.5% to $X in 2021. In general, consumption, however, recorded a perceptible descent. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Vulcanised Rubber Mats Production in Canada

In value terms, vulcanised rubber mats production dropped to $X in 2021 estimated in export price. In general, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Vulcanised Rubber Mats Exports

Exports from Canada

In 2021, approx. X tons of floor coverings and mats of vulcanised rubber were exported from Canada; remaining relatively unchanged against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 13% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vulcanised rubber mats exports surged to $X in 2021. The total export value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for vulcanised rubber mats exports from Canada, with a 84% share of total exports. Moreover, vulcanised rubber mats exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.5% per year) and the UK (+4.5% per year).

In value terms, the United States ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from Canada, comprising 84% of total exports. The second position in the ranking was taken by Germany ($X), with a 3.4% share of total exports. It was followed by the UK, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.3% per year) and the UK (+7.0% per year).

Export Prices by Country

In 2021, the average vulcanised rubber mats export price amounted to $X per ton, with an increase of 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Japan ($X per ton), while the average price for exports to the UK ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Canada

In 2021, supplies from abroad of floor coverings and mats of vulcanised rubber increased by 21% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber mats imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of vulcanised rubber mats to Canada, accounting for a 54% share of total imports. Moreover, vulcanised rubber mats imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.3% per year) and Taiwan (Chinese) (-5.8% per year).

In value terms, the United States ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Canada, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Taiwan (Chinese), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.6% per year) and Taiwan (Chinese) (-6.4% per year).

Import Prices by Country

The average vulcanised rubber mats import price stood at $X per ton in 2021, reducing by -1.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 18%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per ton) and the United States ($X per ton), while the price for South Korea ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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