MERCOSUR: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Exports

Exports in MERCOSUR

Vulcanised rubber mats exports surged to X tons in 2021, picking up by 51% compared with 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports surged to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 68%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Brazil represented the main exporting country with an export of about X tons, which accounted for 63% of total exports. Argentina (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Chile (8.8%) and Colombia (8.3%). Peru (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the floor coverings and mats of vulcanised rubber exports, with a CAGR of +45.9% from 2012 to 2021. At the same time, Peru (+28.9%) and Chile (+11.6%) displayed positive paces of growth. Colombia experienced a relatively flat trend pattern. By contrast, Argentina (-15.1%) illustrated a downward trend over the same period. Brazil (+61 p.p.) and Chile (+5.2 p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by -62% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Argentina ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 87% of total exports.

Brazil, with a CAGR of +32.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, shrinking by -6.5% against the previous year. In general, the export price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2015 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+6.3%), while the other leaders experienced mixed trends in the export price figures.

Vulcanised Rubber Mats Imports

Imports in MERCOSUR

In 2021, purchases abroad of floor coverings and mats of vulcanised rubber was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, vulcanised rubber mats imports soared to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Chile (X tons) was the largest importer of floor coverings and mats of vulcanised rubber, achieving 39% of total imports. Argentina (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (13%), Colombia (11%), Ecuador (7.2%), Uruguay (4.6%) and Peru (4.5%).

From 2012 to 2021, average annual rates of growth with regard to vulcanised rubber mats imports into Chile stood at +3.1%. At the same time, Colombia (+12.8%), Argentina (+4.6%) and Ecuador (+3.2%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +12.8% from 2012-2021. By contrast, Uruguay (-2.1%), Brazil (-6.3%) and Peru (-8.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile, Colombia, Argentina and Ecuador increased by +10, +7.4, +5 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported floor coverings and mats of vulcanised rubber in MERCOSUR, comprising 41% of total imports. The second position in the ranking was held by Argentina ($X), with a 12% share of total imports. It was followed by Colombia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile totaled +5.0%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+2.4% per year) and Colombia (+14.9% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, increasing by 9.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Peru ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform