Market for Solid Vulcanised Rubber Sheet in Brazil
Market Overview
The Brazilian solid vulcanised rubber sheet market was finally on the rise to reach $
in , after two years of decline. Over the period under review, consumption, however, saw a precipitous descent. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
In value terms, solid vulcanised rubber sheet production stood at $ in estimated in export price. Overall, production, however, faced a precipitous decrease. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.
in , after two years of decline. Over the period under review, consumption, however, saw a precipitous descent. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.In value terms, solid vulcanised rubber sheet production stood at $
in estimated in export price. Overall, production, however, faced a precipitous decrease. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.Consumption
Solid vulcanised rubber sheet consumption in Brazil reduced modestly to tons in , approximately mirroring . In general, consumption faced a sharp descent. The most prominent rate of growth was recorded in when the consumption volume increased by % against the previous year. Over the period under review, consumption reached the peak volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The value of the solid vulcanised rubber sheet market in Brazil fell to $ in , standing approx. at 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). Over the period under review, consumption faced a deep setback. The pace of growth was the most pronounced in when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
tons in , approximately mirroring . In general, consumption faced a sharp descent. The most prominent rate of growth was recorded in when the consumption volume increased by % against the previous year. Over the period under review, consumption reached the peak volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The value of the solid vulcanised rubber sheet market in Brazil fell to $
in , standing approx. at 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). Over the period under review, consumption faced a deep setback. The pace of growth was the most pronounced in when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for solid vulcanised rubber sheet in Brazil, the market is expected to continue its downward consumption trend over the next eight years. 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
Over the period under review, the share of imports in terms of total solid vulcanised rubber sheet consumption in Brazil was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Brazil solid vulcanised rubber sheet market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Brazil solid vulcanised rubber sheet market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Brazil 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 trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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