U.S.: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in the U.S.

After two years of decline, the U.S. prepared rubber accelerators market increased by 22% to $X in 2021. The market value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Prepared Rubber Accelerators Production in the U.S.

In value terms, prepared rubber accelerators production expanded remarkably to $X in 2021. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 16%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Prepared Rubber Accelerators Exports

Exports from the U.S.

After two years of decline, shipments abroad of prepared rubber accelerators increased by 2.5% to X tons in 2021. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 17% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports surged to $X in 2021. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -19.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of prepared rubber accelerators exports from the United States, together accounting for 57% of total exports. Malaysia, Germany, Thailand, India, Japan, South Korea, Australia, Brazil, Hong Kong SAR and Belgium lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +36.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Canada ($X) constituted the largest markets for prepared rubber accelerators exported from the United States worldwide, with a combined 49% share of total exports. These countries were followed by Germany, South Korea, Japan, India, Malaysia, Brazil, Hong Kong SAR, Thailand, Belgium and Australia, which together accounted for a further 46%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +39.4%, 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

In 2021, the average prepared rubber accelerators export price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Australia ($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 Germany (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into the U.S.

In 2021, imports of prepared rubber accelerators into the United States soared to X tons, growing by 32% compared with 2020 figures. Overall, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators imports soared to $X in 2021. Over the period under review, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of prepared rubber accelerators imports to the United States, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +102.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared rubber accelerators suppliers to the United States were Belgium ($X), China ($X) and Japan ($X), with a combined 65% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +94.6%, 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

The average prepared rubber accelerators import price stood at $X per ton in 2021, growing by 3.7% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a 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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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