Northern America: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in Northern America

For the seventh year in a row, the North American rubber-to-metal and moulded article market recorded growth in sales value, which increased by 8.4% to $X in 2021. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.8% against 2014 indices. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Production of Rubber-to-Metal and Moulded Articles in Northern America

In value terms, rubber-to-metal and moulded article production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Rubber-to-Metal and Moulded Articles

Exports in Northern America

In 2021, shipments abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the United States (X tons) was the major exporter of rubber-to-metal and moulded articles, making up 84% of total exports. It was distantly followed by Canada (X tons), committing a 16% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of rubber-to-metal and moulded articles. At the same time, Canada (+1.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.6% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest rubber-to-metal and moulded article supplier in Northern America, comprising 84% of total exports. The second position in the ranking was held by Canada ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +4.8%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2019 an increase of 17% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.3%).

Imports of Rubber-to-Metal and Moulded Articles

Imports in Northern America

For the sixth consecutive year, Northern America recorded growth in purchases abroad of rubber-to-metal and moulded articles, which increased by 31% to X tons in 2021. In general, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, accounting for X tons, which was near 90% of total imports in 2021. It was distantly followed by Canada (X tons), committing a 9.5% share of total imports.

The United States was also the fastest-growing in terms of the rubber-to-metal and moulded articles imports, with a CAGR of +13.0% from 2012 to 2021. At the same time, Canada (+5.0%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +7.3 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported rubber-to-metal and moulded articles in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +3.5%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with a decrease of -5.6% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 1%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 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 (-0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :