U.S. Rubber Products For Mechanical Use Market. Analysis And Forecast to 2030
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View PricingRubber Product Price in the United States - 2023
Contents:
- Rubber Product Price in the United States (FOB) - 2023
- Rubber Product Price in the United States (CIF) - 2022
- Rubber Product Exports in the United States
- Rubber Product Imports in the United States
Rubber Product Price in the United States (FOB) - 2023
The average rubber product export price stood at $10,250 per ton in August 2023, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in June 2023 an increase of 7.8% m-o-m. The export price peaked at $11,769 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Brazil ($25,565 per ton), while the average price for exports to Canada ($8,961 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Rubber Product Price in the United States (CIF) - 2022
In 2022, the average rubber product import price amounted to $4,218 per ton, approximately equating the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the maximum at $12,015 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($19,144 per ton), while the price for the Czech Republic ($53 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Rubber Product Exports in the United States
After three years of growth, overseas shipments of rubber products for mechanical use decreased by -7.5% to 7K tons in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6.9% against the previous year. As a result, the exports reached the peak of 7.6K tons, and then shrank in the following year.
In value terms, rubber product exports dropped slightly to $79M in 2022. In general, exports continue to indicate a mild downturn. The growth pace was the most rapid in 2021 when exports increased by 7.2%.
| Export of Rubber Product in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 52.3 | 48.9 | 51.9 | 48.3 | -2.6% |
| Mexico | 9.4 | 7.1 | 6.9 | 7.4 | -7.7% |
| Poland | 0.9 | 3.6 | 3.4 | 4.4 | 69.7% |
| Peru | 0.1 | 0.1 | 1.3 | 4.1 | 244.8% |
| Brazil | 2.3 | 1.0 | 3.6 | 3.2 | 11.6% |
| Others | 17.0 | 13.2 | 12.0 | 11.3 | -12.7% |
| Total | 82.1 | 73.9 | 79.2 | 78.8 | -1.4% |
Top Export Markets for Rubber Product from the United States in 2022:
- Canada (5.4K tons)
- Mexico (0.4K tons)
- Brazil (0.2K tons)
- Poland (0.2K tons)
- Peru (0.2K tons)
Rubber Product Imports in the United States
In 2022, imports of rubber products for mechanical use into the United States skyrocketed to 6.9K tons, picking up by 25% against the year before. In general, imports, however, faced a abrupt descent.
In value terms, rubber product imports soared to $29M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber Product in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.0 | 4.1 | 5.6 | 10.7 | 28.9% |
| China | 3.6 | 2.5 | 3.4 | 4.9 | 10.8% |
| Mexico | 5.5 | 3.8 | 3.3 | 3.6 | -13.2% |
| Germany | 2.0 | 1.2 | 2.2 | 2.1 | 1.6% |
| South Korea | 2.0 | 1.0 | 1.2 | 1.2 | -15.7% |
| India | 0.3 | 0.3 | 0.3 | 0.7 | 32.6% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 10.0 | 6.2 | 7.0 | 5.6 | -17.6% |
| Total | 28.4 | 19.1 | 23.1 | 29.0 | 0.7% |
Top Suppliers of Rubber Product to the United States in 2022:
- Czech Republic (2053.7 tons)
- Germany (1736.8 tons)
- Canada (1086.9 tons)
- China (1019.1 tons)
- Mexico (452.8 tons)
- India (119.0 tons)
- South Korea (61.1 tons)
This report provides an in-depth analysis of the rubber product market in the U.S.. 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:
- NAICS 326291 - Rubber product manufacturing for mechanical use
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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