Report Update Nov 1, 2024

Puerto Rico - Seals of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Vulcanised Rubber Seal Market 2022

Vulcanised Rubber Seal Market Size in Puerto Rico

In 2021, the Puerto Rican vulcanised rubber seal market increased by 6.8% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Vulcanised Rubber Seal Production in Puerto Rico

In value terms, vulcanised rubber seal production rose sharply to $X in 2021 estimated in export price. Overall, production, however, showed a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 30% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Vulcanised Rubber Seal Exports

Exports by Country

In 2021, China (X tons), Germany (X tons), Poland (X tons) and Mexico (X tons) represented the largest exporter of seals of vulcanised rubber in the world, generating 46% of total export. The United States (X tons), India (X tons), France (X tons), Italy (X tons), Canada (X tons), the United Arab Emirates (X tons), Japan (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of +19.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, with a combined 37% share of total exports. These countries were followed by Japan, France, Poland, Mexico, Italy, Taiwan (Chinese), South Korea, Canada, India and the United Arab Emirates, which together accounted for a further 33%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of +18.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining constant against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the other leaders experienced more modest paces of growth.

Vulcanised Rubber Seal Imports

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) and Mexico (X tons) represented the key importers of seals of vulcanised rubber, together committing 39% of total imports. Poland (X tons), Hungary (X tons), France (X tons), China (X tons), India (X tons), the Czech Republic (X tons), the UK (X tons), Spain (X tons), Romania (X tons) and Japan (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, Hungary (+13.1%), Spain (+9.4%), Romania (+6.4%), France (+1.7%), Germany (+1.5%) and Japan (+1.5%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the world, with a CAGR of +13.1% from 2012-2021. Poland and China experienced a relatively flat trend pattern. By contrast, India (-2.5%), the UK (-4.1%), Mexico (-5.9%) and the Czech Republic (-7.6%) illustrated a downward trend over the same period. While the share of the United States (+5.2 p.p.) and Hungary (+2.1 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the Czech Republic (-2.8 p.p.) and Mexico (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vulcanised rubber seal importing markets into Puerto Rico were the United States ($X), Germany ($X) and China ($X), with a combined 35% share of total imports. These countries were followed by Mexico, France, Poland, India, Japan, the Czech Republic, the UK, Hungary, Spain and Romania, which together accounted for a further 25%.

In terms of the main importing countries, Hungary, with a CAGR of +6.4%, recorded the highest growth rate of 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, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for seals of vulcanised rubber in the world?

China remains the largest vulcanised rubber seal consuming country worldwide, accounting for 30% of total volume. Moreover, vulcanised rubber seal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 11% share.

What are the largest producers of seals of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber seal production was China, accounting for 33% of total volume. Moreover, vulcanised rubber seal production in China exceeded the figures recorded by the second-largest producer, India, threefold. Turkey ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of seals of vulcanised rubber to Puerto Rico?

In value terms, the largest vulcanised rubber seal importing markets into Puerto Rico were the United States, Germany and China, with a combined 35% share of total imports. These countries were followed by Mexico, France, Poland, India, Japan, the Czech Republic, Belgium, Hungary, Spain and Romania, which together accounted for a further 26%.

What are the leading importers of seals of vulcanised rubber from Puerto Rico?

In value terms, the largest vulcanised rubber seal supplying countries from Puerto Rico were Germany, the United States and China, together comprising 37% of total exports. These countries were followed by Japan, France, Poland, Mexico, Italy, South Korea, India, Canada, Thailand and Costa Rica, which together accounted for a further 34%.

What is the average export price for seals of vulcanised rubber in Puerto Rico?

In 2021, the vulcanised rubber seal export price in Puerto Rico amounted to $less than 0.1 per ton, approximately mirroring the previous year.

What is the average import price for seals of vulcanised rubber in Puerto Rico?

The vulcanised rubber seal import price in Puerto Rico stood at $less than 0.1 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the vulcanised rubber seal market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197323 - Seals, of vulcanised rubber

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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How to outsource production to other countries
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023