Northern America: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Northern America

After two years of decline, the North American prepared rubber accelerators market increased by 22% to $X in 2021. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Prepared Rubber Accelerators Production in Northern America

In value terms, prepared rubber accelerators production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 15% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports in Northern America

In 2021, shipments abroad of prepared rubber accelerators increased by 4.5% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 16% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, prepared rubber accelerators exports surged to $X in 2021. The total export value increased at an average annual rate of +4.1% 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 2018 with an increase of 27% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, finishing at X tons, which was near 91% of total exports in 2021. It was distantly followed by Canada (X tons), constituting a 9.1% share of total exports.

The United States was also the fastest-growing in terms of the prepared rubber accelerators exports, with a CAGR of +4.2% from 2012 to 2021. Canada (-3.4%) illustrated a downward trend over the same period. The United States (+7.4 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -7.4% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest prepared rubber accelerators supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +4.4%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, growing by 11% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 14% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.1%).

Prepared Rubber Accelerators Imports

Imports in Northern America

In 2021, imports of prepared rubber accelerators in Northern America soared to X tons, with an increase of 34% compared with 2020. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, prepared rubber accelerators imports surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded 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 key importer of prepared rubber accelerators in Northern America, with the volume of imports amounting to X tons, which was approx. 81% of total imports in 2021. It was distantly followed by Canada (X tons), achieving a 19% share of total imports.

The United States was also the fastest-growing in terms of the prepared rubber accelerators imports, with a CAGR of +10.1% from 2012 to 2021. At the same time, Canada (+2.0%) displayed positive paces of growth. The United States (+13 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -13% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported prepared rubber accelerators in Northern America, comprising 77% of total imports. The second position in the ranking was taken by Canada ($X), with a 23% share of total imports.

In the United States, prepared rubber accelerators imports increased at an average annual rate of +8.2% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the import price increased by 14% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied noticeably 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 stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :