Puerto Rico - Vulcanised Cellular Rubber Articles for Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024
Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Puerto Rico
The Puerto Rican vulcanised cellular rubber articles market contracted modestly to $X in 2021, with a decrease of -5% against the previous year. In general, consumption, however, posted a tangible expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Production of Vulcanised Cellular Rubber Articles For Technical Uses in Puerto Rico
In value terms, vulcanised cellular rubber articles production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, saw a temperate increase. The pace of growth appeared the most rapid in 2017 with an increase of 92%. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.
Exports of Vulcanised Cellular Rubber Articles For Technical Uses
Exports by Country
In 2021, China (X tons) represented the key exporter of vulcanised cellular rubber articles for technical uses, mixing up 31% of total exports. It was distantly followed by the United States (X tons), Turkey (X tons) and Italy (X tons), together achieving a 21% share of total exports. Taiwan (Chinese) (X tons), South Korea (X tons), Canada (X tons), the United Arab Emirates (X tons), Mexico (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons) and Brazil (X tons) followed a long way behind the leaders.
Exports from China increased at an average annual rate of +6.6% from 2012 to 2021. At the same time, Belgium (+29.4%), the United States (+19.5%), Mexico (+19.4%), Turkey (+19.1%), the United Arab Emirates (+18.2%), the Netherlands (+16.7%), Taiwan (Chinese) (+14.0%) and Brazil (+1.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +29.4% from 2012-2021. By contrast, Spain (-1.8%), Italy (-3.1%), Canada (-5.5%) and South Korea (-5.7%) illustrated a downward trend over the same period. The United States (+7.4 p.p.), China (+4.4 p.p.), Turkey (+3.6 p.p.), Belgium (+2.4 p.p.), the United Arab Emirates (+2.3 p.p.), Taiwan (Chinese) (+2.3 p.p.) and Mexico (+2.3 p.p.) significantly strengthened its position in terms of the global exports, while Spain, Italy, Canada and South Korea saw its share reduced by -2.6%, -4.9%, -5.7% and -5.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest vulcanised cellular rubber articles supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was held by the United States ($X), with an 8.3% share of global exports. It was followed by Canada, with an 8.1% share.
From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +11.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-4.7% per year) and Canada (-6.9% per year).
Imports of Vulcanised Cellular Rubber Articles For Technical Uses
Imports by Country
The United States was the key importing country with an import of around X tons, which reached 24% of total imports. It was distantly followed by Germany (X tons), creating a 5.5% share of total imports. The following importers - Mexico (X tons), the UK (X tons), Italy (X tons), the Netherlands (X tons), Saudi Arabia (X tons), Poland (X tons), South Korea (X tons), France (X tons), Brazil (X tons), Canada (X tons) and Belgium (X tons) - together made up 32% of total imports.
From 2012 to 2021, average annual rates of growth with regard to vulcanised cellular rubber articles imports into the United States stood at +2.1%. At the same time, South Korea (+25.6%), the Netherlands (+18.7%), Saudi Arabia (+15.6%), the UK (+13.7%), Germany (+13.6%), Poland (+13.2%), France (+4.9%), Belgium (+4.4%) and Italy (+3.3%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +25.6% from 2012-2021. By contrast, Brazil (-3.0%), Canada (-7.3%) and Mexico (-8.3%) illustrated a downward trend over the same period. Germany (+2.9 p.p.), South Korea (+2.4 p.p.), the Netherlands (+2.3 p.p.), Saudi Arabia (+2 p.p.), the UK (+1.9 p.p.) and Poland (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Brazil, Canada, the United States and Mexico saw its share reduced by -2.1%, -3.7%, -5.4% and -8.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported vulcanised cellular rubber articles for technical uses into Puerto Rico, comprising 24% of global imports. The second position in the ranking was held by Germany ($X), with a 5.6% share of global imports. It was followed by Mexico, with a 4.5% share.
In the United States, vulcanised cellular rubber articles imports declined by an average annual rate of -1.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+12.6% per year) and Mexico (-4.3% per year).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for vulcanised cellular rubber articles 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 22197310 - Vulcanised cellular rubber articles for technical uses
Country coverage:
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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