Overview of the Global Market for Vulcanised Cellular Rubber Articles For Technical Uses

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses

The global vulcanised cellular rubber articles market reached $X in 2022, approximately equating the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the global market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Vulcanised Cellular Rubber Articles For Technical Uses

In value terms, vulcanised cellular rubber articles production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production saw temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, global production hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports

For the seventh consecutive year, the global market recorded growth in overseas shipments of vulcanised cellular rubber articles for technical uses, which increased by X% to X tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, vulcanised cellular rubber articles exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, China (X tons) was the largest exporter of vulcanised cellular rubber articles for technical uses, constituting X% of total exports. The United States (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons), Canada (X tons) and Italy (X tons). All these countries together held near X% share of total exports. The following exporters - Mexico (X tons), South Korea (X tons), Spain (X tons), Turkey (X tons), the Netherlands (X tons), Germany (X tons), Brazil (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to vulcanised cellular rubber articles exports from China stood at X%. At the same time, the United Arab Emirates (X%), Mexico (X%), the Netherlands (X%), the United States (X%), Poland (X%), Germany (X%), Turkey (X%), Canada (X%) and Brazil (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, Italy (X%) and South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, the United Arab Emirates, China, Mexico, the Netherlands, Turkey and Poland increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vulcanised cellular rubber articles supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the United States ($X), with a X% share of global exports. It was followed by Canada, with an X% share.

In China, vulcanised cellular rubber articles exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

Export Prices by Country

The average vulcanised cellular rubber articles export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports

In 2022, after two years of growth, there was decline in purchases abroad of vulcanised cellular rubber articles for technical uses, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then fell slightly in the following year.

In value terms, vulcanised cellular rubber articles imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States represented the main importing country with an import of around X tons, which finished at X% of total imports. Germany (X tons), Saudi Arabia (X tons), Mexico (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons), the UK (X tons), South Korea (X tons), Canada (X tons), Brazil (X tons), Vietnam (X tons) and Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vulcanised cellular rubber articles imports into the United States stood at X%. At the same time, South Korea (X%), the Netherlands (X%), Saudi Arabia (X%), Poland (X%), the UK (X%), Germany (X%), Argentina (X%) and Italy (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, Brazil (X%), Canada (X%) and Mexico (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.), South Korea (X p.p.), the Netherlands (X p.p.) and Germany (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Brazil (X p.p.), Canada (X p.p.), the United States (X p.p.) and Mexico (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported vulcanised cellular rubber articles for technical uses worldwide, comprising X% of global imports. The second position in the ranking was taken by Mexico ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the United States, vulcanised cellular rubber articles imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Germany (X% per year).

Import Prices by Country

The average vulcanised cellular rubber articles import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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