Market for Solid Vulcanised Rubber Sheet in the United States
Market Overview
In 
, the U.S. solid vulcanised rubber sheet market increased by % to $ for the first time since 2007, thus ending a thirteen-year declining trend. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market reached the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
In value terms, solid vulcanised rubber sheet production rose significantly to $ in . In general, production, however, saw a abrupt decline. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production remained at a lower figure.
, the U.S. solid vulcanised rubber sheet market increased by % to $ for the first time since 2007, thus ending a thirteen-year declining trend. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market reached the peak level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.In value terms, solid vulcanised rubber sheet production rose significantly to $
in . In general, production, however, saw a abrupt decline. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production remained at a lower figure.Consumption
In , solid vulcanised rubber sheet consumption in the United States reduced to tons, leveling off at the year before. Overall, consumption showed a deep slump. The pace of growth was the most pronounced in with an increase of %. Solid vulcanised rubber sheet consumption peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.
The value of the solid vulcanised rubber sheet market in the United States reduced to $ in , approximately equating 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 saw a abrupt downturn. The most prominent rate of growth was recorded in with an increase of % against the previous year. Solid vulcanised rubber sheet consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
, solid vulcanised rubber sheet consumption in the United States reduced to tons, leveling off at the year before. Overall, consumption showed a deep slump. The pace of growth was the most pronounced in with an increase of %. Solid vulcanised rubber sheet consumption peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.The value of the solid vulcanised rubber sheet market in the United States reduced to $
in , approximately equating 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 saw a abrupt downturn. The most prominent rate of growth was recorded in with an increase of % against the previous year. Solid vulcanised rubber sheet consumption peaked 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 the United States, 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
Over the period under review, the share of imports in terms of total solid vulcanised rubber sheet consumption in the United States 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 the United States 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 the United States 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
The United States 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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