Northern America: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Northern America

The North American extruded solid rubber rod market amounted to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by 4.2%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Extruded Solid Rubber Rods And Profiles in Northern America

In value terms, extruded solid rubber rod production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 4.6% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports in Northern America

In 2022, approx. X tons of extruded solid rubber rods and profiles were exported in Northern America; waning by -2.9% against the previous year. Over the period under review, exports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 when exports increased by 3.1% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, extruded solid rubber rod exports rose modestly to $X in 2022. In general, exports showed a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 7.8% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States was the major exporter of extruded solid rubber rods and profiles in Northern America, with the volume of exports resulting at X tons, which was approx. 69% of total exports in 2022. It was distantly followed by Canada (X tons), generating a 31% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of extruded solid rubber rods and profiles. Canada (-9.2%) illustrated a downward trend over the same period. The United States (+22 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -21.5% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest extruded solid rubber rod supplier in Northern America, comprising 77% of total exports. The second position in the ranking was held by Canada ($X), with a 23% share of total exports.

In the United States, extruded solid rubber rod exports expanded at an average annual rate of +1.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by 7.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%).

Imports of Extruded Solid Rubber Rods And Profiles

Imports in Northern America

Extruded solid rubber rod imports was estimated at X tons in 2022, surging by 1.7% on 2021 figures. Overall, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, extruded solid rubber rod imports rose markedly to $X in 2022. Over the period under review, imports, however, saw a slight reduction. The pace of growth was the most pronounced in 2021 when imports increased by 20%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) represented the key importer of extruded solid rubber rods and profiles, making up 66% of total imports. It was distantly followed by Canada (X tons), committing a 34% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +2.2%).

In value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Canada, with a CAGR of +3.5%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, increasing by 13% against the previous year. In general, the import price showed mild growth. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.3%).

Source: IndexBox Platform

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