Rubber: vulcanised (other than hard rubber), moulded rubber mats and mats of non-rectangular shape made by cutting from the piece, of cellular rubber

In 2024, rubber: vulcanised (other than hard rubber), moulded rubber mats and mats of non-rectangular shape made by cutting from the piece, of cellular rubber trade exhibited strong growth, with global flows reaching $1,101,797,094 and a three-year compound annual growth rate of +8.4% (five-year: +7.1%). The all-time peak of $1,101,797,094 was recorded in 2024.

Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+4.9% acceleration).

The World Trade Flows Characterization classifies rubber: vulcanised (other than hard rubber), moulded rubber mats and mats of non-rectangular shape made by cutting from the piece, of cellular rubber as "Two-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.123). The three largest exporters — China ($329.6M), United States ($99.6M), and Canada ($94.3M) — collectively dominate supply flows. The leading exporter has grown at +15.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.080). The three largest import markets are United States ($281.0M), Mexico ($54.4M), and Germany ($46.2M). The largest importing market sources from 71 different supplying countries.

Estimated substitution elasticity: -2.37. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Canada → United States at $91.9M, representing 32.7% of the importer's total demand.

The volatility score for rubber: vulcanised (other than hard rubber), moulded rubber mats and mats of non-rectangular shape made by cutting from the piece, of cellular rubber is 7 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.