Price for Solid Vulcanised Rubber Sheet in the United States - 2023

Contents:

1. Price for Solid Vulcanised Rubber Sheet in the United States (CIF) - 2023
2. Price for Solid Vulcanised Rubber Sheet in the United States (FOB) - 2023
3. Imports of Solid Vulcanised Rubber Sheet in the United States
4. Exports of Solid Vulcanised Rubber Sheet in the United States

Price for Solid Vulcanised Rubber Sheet in the United States (CIF) - 2023

In July 2023, the average solid vulcanised rubber sheet import price amounted to $6,170 per ton, with an increase of 4.8% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in March 2023 an increase of 14% m-o-m. As a result, import price reached the peak level of $6,678 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($10,002 per ton), while the price for China ($2,666 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Solid Vulcanised Rubber Sheet in the United States (FOB) - 2023

In July 2023, the average solid vulcanised rubber sheet export price amounted to $6,052 per ton, shrinking by -9% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 41% month-to-month. As a result, the export price reached the peak level of $7,642 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Canada ($8,968 per ton), while the average price for exports to Saudi Arabia ($3,413 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Solid Vulcanised Rubber Sheet in the United States

Solid vulcanised rubber sheet imports into the United States rose to 63K tons in 2022, picking up by 1.7% compared with 2021 figures. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, solid vulcanised rubber sheet imports expanded markedly to $349M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Solid Vulcanised Rubber Sheet to the United States in 2022:

1. China (16.9K tons)
2. Germany (11.3K tons)
3. India (9.6K tons)
4. Canada (4.3K tons)
5. Mexico (3.6K tons)
6. Italy (2.9K tons)
7. Luxembourg (2.5K tons)
8. South Korea (2.5K tons)
9. Malaysia (1.3K tons)
10. Thailand (1.3K tons)
11. Sri Lanka (1.1K tons)

Exports of Solid Vulcanised Rubber Sheet in the United States

Solid vulcanised rubber sheet exports from the United States dropped to 60K tons in 2022, approximately equating the previous year. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 61K tons, and then declined modestly in the following year.

In value terms, solid vulcanised rubber sheet exports expanded significantly to $354M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Solid Vulcanised Rubber Sheet from the United States in 2022:

1. Canada (12.8K tons)
2. Netherlands (11.6K tons)
3. United Kingdom (8.5K tons)
4. Mexico (6.8K tons)
5. Belgium (6.4K tons)
6. Germany (3.3K tons)
7. France (2.1K tons)
8. Spain (1.2K tons)
9. Saudi Arabia (0.8K tons)

Source: IndexBox Market Intelligence Platform