U.S.: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in the U.S.

In 2021, the U.S. vulcanised rubber mats market increased by 6% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption, however, showed a slight setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Vulcanised Rubber Mats Production in the U.S.

In value terms, vulcanised rubber mats production contracted remarkably to $X in 2021. Overall, production showed a slight contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 62%. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Vulcanised Rubber Mats Exports

Exports from the U.S.

After three years of decline, shipments abroad of floor coverings and mats of vulcanised rubber increased by 12% to X tons in 2021. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber mats exports soared to $X in 2021. In general, exports, however, saw a noticeable decline. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and the UK (X tons) were the main destinations of vulcanised rubber mats exports from the United States, together accounting for 66% of total exports. Australia, Germany, the United Arab Emirates, Brazil, Belgium, Costa Rica and Japan lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +2.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from the United States, comprising 52% of total exports. The second position in the ranking was held by Mexico ($X), with a 10% share of total exports. It was followed by the UK, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-10.8% per year) and the UK (+3.7% per year).

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, rising by 4.2% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into the U.S.

In 2021, approx. X tons of floor coverings and mats of vulcanised rubber were imported into the United States; jumping by 25% on the year before. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 30% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.6% against 2018 indices. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Canada (X tons), China (X tons) and India (X tons) were the main suppliers of vulcanised rubber mats imports to the United States, together comprising 78% of total imports. Thailand, Taiwan (Chinese), Malaysia, Vietnam, Indonesia, Poland, Germany and South Korea lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), China ($X) and India ($X) appeared to be the largest vulcanised rubber mats suppliers to the United States, together accounting for 60% of total imports. These countries were followed by Thailand, Poland, Germany, Taiwan (Chinese), South Korea, Vietnam, Malaysia and Indonesia, which together accounted for a further 32%.

In terms of the main suppliers, Thailand, with a CAGR of +26.6%, saw 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

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, rising by 4.3% against the previous year. Overall, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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