
U.S. - Prepared Rubber Accelerators - Market Analysis, Forecast, Size, Trends and Insights
U.S.: Prepared Rubber Accelerators Market 2022
Prepared Rubber Accelerators Market Size in the U.S.
In 2021, after two years of decline, there was significant growth in the U.S. prepared rubber accelerators market, when its value increased by 17% to $X. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
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 +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 16% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.
Prepared Rubber Accelerators Exports
Exports from the U.S.
In 2021, after two years of decline, there was growth in shipments abroad of prepared rubber accelerators, when their volume increased by 2.2% to X tons. Over the period under review, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -12.5% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 17%. As a result, the exports reached 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. Overall, total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. 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 reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of prepared rubber accelerators exports from the United States, together accounting for 57% of total exports. Malaysia, Germany, Thailand, India, Japan, South Korea, Australia, Brazil, Hong Kong SAR and Belgium lagged somewhat behind, together comprising a further 39%.
From 2012 to 2021, the biggest increases were in Hong Kong SAR (with a CAGR of +36.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Mexico ($X) and Canada ($X) were the largest markets for prepared rubber accelerators exported from the United States worldwide, with a combined 49% share of total exports. Germany, South Korea, Japan, India, Malaysia, Brazil, Hong Kong SAR, Thailand, Belgium and Australia lagged somewhat behind, together comprising a further 46%.
Hong Kong SAR, with a CAGR of +39.4%, saw the highest growth rate of the value of exports, among the main countries of destination 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, growing by 13% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Korea ($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 (+3.7%), 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, prepared rubber accelerators imports into the United States surged to X tons, with an increase of 32% on 2020. In general, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, prepared rubber accelerators imports skyrocketed to $X in 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Belgium (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of prepared rubber accelerators imports to the United States, together accounting for 78% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +102.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Belgium ($X), China ($X) and Japan ($X) constituted the largest prepared rubber accelerators suppliers to the United States, with a combined 65% share of total imports.
Belgium, with a CAGR of +94.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, picking up by 3.7% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2018 when the average import price increased by 6% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the prepared rubber accelerators 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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