Vulcanised Rubber Mats Market in the United States
Market Overview
In 
, after two years of decline, there was significant growth in the U.S. vulcanised rubber mats market, when its value increased by % to $. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.
In value terms, vulcanised rubber mats production reduced to $ in . Over the period under review, the total production indicated a noticeable expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in , and then contracted in the following year.
, after two years of decline, there was significant growth in the U.S. vulcanised rubber mats market, when its value increased by % to $. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.In value terms, vulcanised rubber mats production reduced to $
in . Over the period under review, the total production indicated a noticeable expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in , and then contracted in the following year.Consumption
For the third year in a row, the United States recorded growth in consumption of floor coverings and mats of vulcanised rubber, which increased by % to tons in . Overall, the total consumption indicated a mild increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Vulcanised rubber mats consumption peaked in and is likely to continue growth in years to come.
The size of the vulcanised rubber mats market in the United States stood at $ in , remaining relatively unchanged 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). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a lower figure.
% to tons in . Overall, the total consumption indicated a mild increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Vulcanised rubber mats consumption peaked in and is likely to continue growth in years to come.The size of the vulcanised rubber mats market in the United States stood at $
in , remaining relatively unchanged 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). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for floor coverings and mats of vulcanised rubber in the United States, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 .Trade Balance
The United States remains a net importer of vulcanised rubber mats; 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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