U.S.: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in the U.S.

In 2022, the U.S. solid vulcanised rubber sheet market increased by 5.4% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 7.3% against the previous year. Solid vulcanised rubber sheet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in the U.S.

In value terms, solid vulcanised rubber sheet production declined to $X in 2022. In general, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.6% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from the U.S.

In 2022, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were exported from the United States; approximately equating 2021. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor 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 exports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, solid vulcanised rubber sheet exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 12%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of solid vulcanised rubber sheet exports from the United States, together comprising 55% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from the United States, comprising 30% of total exports. The second position in the ranking was held by Mexico ($X), with a 14% share of total exports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-0.3% per year) and the Netherlands (+6.1% per year).

Export Prices by Country

The average solid vulcanised rubber sheet export price stood at $X per ton in 2022, surging by 11% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2022, purchases abroad of plates, sheets, strips for floor covering of solid vulcanised rubber increased by 1.7% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, solid vulcanised rubber sheet imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and India (X tons) were the main suppliers of solid vulcanised rubber sheet imports to the United States, with a combined 60% share of total imports. Canada, Mexico, Italy, South Korea, Luxembourg, Thailand, Malaysia, Sri Lanka and Taiwan (Chinese) lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid vulcanised rubber sheet suppliers to the United States were Germany ($X), India ($X) and China ($X), together comprising 51% of total imports. Canada, Mexico, Italy, Luxembourg, South Korea, Malaysia, Thailand, Sri Lanka and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 36%.

Thailand, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average solid vulcanised rubber sheet import price amounted to $X per ton, increasing by 4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 when the average import price increased by 13%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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