Northern America: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Northern America

In 2021, the North American solid vulcanised rubber sheet market was finally on the rise to reach $X after eight years of decline. Overall, consumption, however, showed a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Northern America

In value terms, solid vulcanised rubber sheet production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in Northern America

After two years of decline, shipments abroad of plates, sheets, strips for floor covering of solid vulcanised rubber increased by 14% to X tons in 2021. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 15%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, solid vulcanised rubber sheet exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States was the key exporter of plates, sheets, strips for floor covering of solid vulcanised rubber in Northern America, with the volume of exports reaching X tons, which was approx. 86% of total exports in 2021. It was distantly followed by Canada (X tons), comprising a 14% share of total exports.

The United States was also the fastest-growing in terms of the plates, sheets, strips for floor covering of solid vulcanised rubber exports, with a CAGR of +1.8% from 2012 to 2021. Canada (-1.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +3.6 percentage points.

In value terms, the United States ($X) remains the largest solid vulcanised rubber sheet supplier in Northern America, comprising 83% of total exports. The second position in the ranking was taken by Canada ($X), with a 17% share of total exports.

In the United States, solid vulcanised rubber sheet exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 6.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.7%).

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in Northern America

In 2021, after two years of decline, there was significant growth in supplies from abroad of plates, sheets, strips for floor covering of solid vulcanised rubber, when their volume increased by 14% to X tons. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the largest importing country with an import of about X tons, which recorded 73% of total imports. It was distantly followed by Canada (X tons), making up a 27% share of total imports.

The United States was also the fastest-growing in terms of the plates, sheets, strips for floor covering of solid vulcanised rubber imports, with a CAGR of +1.4% from 2012 to 2021. Canada experienced a relatively flat trend pattern. While the share of the United States (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-1.6 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported plates, sheets, strips for floor covering of solid vulcanised rubber in Northern America, comprising 71% of total imports. The second position in the ranking was taken by Canada ($X), with a 29% share of total imports.

In the United States, solid vulcanised rubber sheet imports increased at an average annual rate of +2.1% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, increasing by 3.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 6.9%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Source: IndexBox Platform

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