Market for Extruded Solid Rubber Rod in the United States
Market Overview
The U.S. extruded solid rubber rod market was estimated at $
in , therefore, remained relatively stable 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a lower figure.
In value terms, extruded solid rubber rod production reached $ in . The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of %. As a result, production attained the peak level of $. From 2011 to , production growth failed to regain momentum.
in , therefore, remained relatively stable 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a lower figure.In value terms, extruded solid rubber rod production reached $
in . The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of %. As a result, production attained the peak level of $. From 2011 to , production growth failed to regain momentum.Consumption
In , the amount of extruded solid rubber rods and profiles consumed in the United States fell slightly to tons, standing approx. at the year before. In general, consumption saw a relatively flat trend pattern. Extruded solid rubber rod consumption peaked at tons in 2009; however, from 2010 to , consumption remained at a lower figure.
The value of the extruded solid rubber rod market in the United States reached $ in , remaining constant 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market failed to regain momentum.
, the amount of extruded solid rubber rods and profiles consumed in the United States fell slightly to tons, standing approx. at the year before. In general, consumption saw a relatively flat trend pattern. Extruded solid rubber rod consumption peaked at tons in 2009; however, from 2010 to , consumption remained at a lower figure.The value of the extruded solid rubber rod market in the United States reached $
in , remaining constant 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). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market failed to regain momentum.Market Forecast
Depressed by shrinking demand for extruded solid rubber rod in the United States, 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 extruded solid rubber rod 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 extruded solid rubber rod 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. The growth in the share of the United States imports of in the extruded solid rubber rod market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports.
% figure. In value terms the share of imports also stood at a low figure, which means that the the United States extruded solid rubber rod 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. The growth in the share of the United States imports of in the extruded solid rubber rod market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports.Trade Balance
The United States remains a net importer of extruded solid rubber rod; 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 $.
. In , there was a significant trade deficit of tons, which was equal to $.
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