Puerto Rico: 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 Puerto Rico

The Puerto Rican solid vulcanised rubber sheet market skyrocketed to $X in 2021, surging by 15% against the previous year. Over the period under review, consumption, however, recorded a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Puerto Rico

In value terms, solid vulcanised rubber sheet production soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

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

Exports by Country

China (X tons) and Germany (X tons) were the major exporters of plates, sheets, strips for floor covering of solid vulcanised rubber in 2021, amounting to near 23% and 18% of total exports, respectively. The United States (X tons) took an 8% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (5.3%) and India (4.5%). Belgium (X tons), Italy (X tons), Spain (X tons), Sweden (X tons), Poland (X tons), France (X tons), Malaysia (X tons) and the Czech Republic (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +18.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet supplying countries from Puerto Rico were Germany ($X), China ($X) and the United States ($X), with a combined 41% share of total exports. Belgium, the Netherlands, Italy, Sweden, India, France, Spain, Poland, Malaysia and the Czech Republic lagged somewhat behind, together comprising a further 35%.

Poland, with a CAGR of +19.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the other leaders experienced more modest paces of growth.

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

Imports by Country

The United States (X tons), Germany (X tons), the Netherlands (X tons), the UK (X tons), France (X tons), Belgium (X tons), Italy (X tons), Canada (X tons), South Korea (X tons), China (X tons), Russia (X tons) and Mexico (X tons) represented roughly 56% of total imports in 2021. Vietnam (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +8.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) were the countries with the highest levels of imports in 2021, together comprising 24% of total imports. France, Belgium, the Netherlands, the UK, Canada, Vietnam, Italy, Mexico, Russia and South Korea lagged somewhat behind, together accounting for a further 36%.

Among the main importing countries, Vietnam, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :