Report Update: Apr 1, 2024

Canada - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Unvulcanized Rubber Price in Canada - 2023

Unvulcanized Rubber Price in Canada (FOB) - 2023

In September 2023, the average unvulcanized rubber export price amounted to $4,150 per ton, with an increase of 7.7% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 9.5% month-to-month. Over the period under review, the average export prices attained the peak figure at $4,234 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.

Unvulcanized Rubber Price in Canada (CIF) - 2023

The average unvulcanized rubber import price stood at $4,829 per ton in September 2023, stabilizing at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 7.3% against the previous month. As a result, import price attained the peak level of $5,254 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Germany ($6,415 per ton) and China ($5,187 per ton), while the price for Italy ($4,750 per ton) and the United States ($4,834 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%), while the prices for the other major suppliers experienced a decline.

Unvulcanized Rubber Exports in Canada

In 2022, approx. 136K tons of unvulcanized rubber and articles thereof were exported from Canada; picking up by 9.4% against the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, unvulcanized rubber exports soared to $513M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Unvulcanized Rubber in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	431	326	419	502	5.2%
Others	12.8	11.5	13.9	11.0	-4.9%
Total	444	338	433	513	4.9%

Top Export Markets for Unvulcanized Rubber from Canada in 2022:

United States (132.7K tons)

Unvulcanized Rubber Imports in Canada

In 2022, approx. 102K tons of unvulcanized rubber and articles thereof were imported into Canada; which is down by -5.7% on 2021. Overall, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

In value terms, unvulcanized rubber imports stood at $441M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.

Import of Unvulcanized Rubber in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	364	284	354	353	-1.0%
Italy	18.4	12.2	15.6	17.9	-0.9%
China	12.1	10.2	13.4	17.7	13.5%
Germany	11.5	8.7	12.3	11.7	0.6%
Others	43.1	33.9	33.7	40.3	-2.2%
Total	449	349	429	441	-0.6%

Top Suppliers of Unvulcanized Rubber to Canada in 2022:

United States (87.0K tons)
Italy (3.2K tons)
China (3.2K tons)
Germany (1.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unvulcanized rubber market in Canada. 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:

Prodcom 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023