Market for Solid Vulcanised Rubber Sheet in Russia
Market Overview
The Russian solid vulcanised rubber sheet market surged to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed noticeable growth. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed noticeable growth. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Consumption
In , after three years of growth, there was decline in consumption of plates, sheets, strips for floor covering of solid vulcanised rubber, when its volume decreased by -% to tons. Over the period under review, consumption continues to indicate a mild curtailment. Over the period under review, consumption attained the peak volume at tons in 2012; however, from 2013 to , consumption remained at a lower figure.
The revenue of the solid vulcanised rubber sheet market in Russia reduced slightly to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw mild growth. Solid vulcanised rubber sheet consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
, after three years of growth, there was decline in consumption of plates, sheets, strips for floor covering of solid vulcanised rubber, when its volume decreased by -% to tons. Over the period under review, consumption continues to indicate a mild curtailment. Over the period under review, consumption attained the peak volume at tons in 2012; however, from 2013 to , consumption remained at a lower figure.The revenue of the solid vulcanised rubber sheet market in Russia reduced slightly to $
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw mild growth. Solid vulcanised rubber sheet consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for solid vulcanised rubber sheet in Russia, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Solid vulcanised rubber sheet market in Russia consists almost entirely of imported products.
Trade Balance
Russia remains a net importer of solid vulcanised rubber sheet; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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