Northern America: Extruded Rod Market 2022

Extruded Rod Market Size in Northern America

The North American extruded rod market reduced modestly to $X in 2021, approximately equating the previous year. In general, consumption, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Northern America

In value terms, extruded rod production fell to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports in Northern America

In 2021, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were exported in Northern America; with a decrease of -X% on 2020. Overall, exports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, extruded rod exports dropped to $X in 2021. In general, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, amounting to X tons, which was near X% of total exports in 2021. Canada (X tons) took a little share of total exports.

The United States was also the fastest-growing in terms of the extruded rods and profile shapes of cellular vulcanised rubber exports, with a CAGR of +X% from 2012 to 2021. Canada (-X%) illustrated a downward trend over the same period. The United States (+X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest extruded rod supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

In the United States, extruded rod exports expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, which is down by -X% against the previous year. Export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, extruded rod export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+X%).

Extruded Rod Imports

Imports in Northern America

In 2021, extruded rod imports in Northern America expanded remarkably to X tons, surging by X% on the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, extruded rod imports soared to $X in 2021. Overall, imports, however, showed a mild downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States was the largest importer of extruded rods and profile shapes of cellular vulcanised rubber in Northern America, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2021. It was distantly followed by Canada (X tons), committing a X% share of total imports.

The United States was also the fastest-growing in terms of the extruded rods and profile shapes of cellular vulcanised rubber imports, with a CAGR of +X% from 2012 to 2021. Canada (-X%) illustrated a downward trend over the same period. The United States (+X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported extruded rods and profile shapes of cellular vulcanised rubber in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, extruded rod imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+X%).

Source: IndexBox Platform

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